Discontinued — last reported Q3 '24
Business Segments · Land under development
Homebuilding — Land under development
Pultegroup Homebuilding — Land under development increased by 0.8% to $6.02B in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 9.0%, from $5.52B to $6.02B. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2019
Last reportedQ3 2024
Rolls up toLand Available For Development
How to read this metric
Higher levels indicate a robust pipeline for future housing starts, while lower levels might suggest constrained future growth capacity.
Detailed definition
Refers to land parcels that are currently undergoing site preparation, infrastructure installation, or entitlement proce...
Peer comparison
Commonly reported by homebuilders as 'Land under development' or 'Development-stage inventory'.
Metric ID:
phm_segment_homebuilding_land_under_developmentHistorical Data
8 periods
| Q4 '21 | Q4 '22 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|
| Value | $4.09B | $5.13B | $5.34B | $5.52B | $5.81B | $5.87B | $5.97B | $6.02B |
| QoQ Change | — | +25.5% | +4.0% | +3.3% | +5.2% | +1.0% | +1.8% | +0.8% |
| YoY Change | — | +25.5% | — | — | +13.1% | — | +11.8% | +9.0% |
Range$4.09B – $6.02B
CAGR+24.7%
Avg YoY Growth+14.8%
Median YoY Growth+12.4%
Current Streak7+ quarters growth
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Frequently Asked Questions
- What is Pultegroup's homebuilding — land under development?
- Pultegroup (PHM) reported homebuilding — land under development of $6.02B in Q3 2024.
- How has Pultegroup's homebuilding — land under development changed year-over-year?
- Pultegroup's homebuilding — land under development increased by 9.0% year-over-year, from $5.52B to $6.02B.
- What does homebuilding — land under development mean?
- Land that is currently being prepared for future home construction.