Discontinued — last reported Q4 '23

Business Segments · Land under development

Southeast — Land under development

Pultegroup Southeast — Land under development increased by 51.6% to $826.24M in Q4 2023 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2023

How to read this metric

An increase suggests a robust pipeline of future housing projects and regional expansion.

Detailed definition

The carrying value of land that is currently undergoing site improvements, infrastructure installation, or entitlement p...

Peer comparison

Standard inventory classification for homebuilders managing land development pipelines.

Metric ID: phm_segment_southeast_land_under_development

Historical Data

4 periods
 Q2 '21Q4 '21Q4 '22Q4 '23
Value$576.61M$537.07M$544.87M$826.24M
QoQ Change-6.9%+1.5%+51.6%
YoY Change+1.5%+51.6%
Range$537.07M$826.24M
Avg YoY Growth+26.5%
Median YoY Growth+26.5%
Current Streak2 quarters growth

Frequently Asked Questions

What is Pultegroup's southeast — land under development?
Pultegroup (PHM) reported southeast — land under development of $826.24M in Q4 2023.
What does southeast — land under development mean?
The value of land currently being prepared for home construction in a specific region.