Discontinued — last reported Q4 '23
Business Segments · Land under development
Northeast — Land under development
Pultegroup Northeast — Land under development increased by 39.4% to $337.13M 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
Rolls up toLand Available For Development
How to read this metric
An increase indicates a robust pipeline for future home deliveries, while a decrease may signal a constrained supply of developable lots.
Detailed definition
The carrying value of land in the Northeast segment that is currently being prepared for home construction, including co...
Peer comparison
Commonly categorized as land development inventory by major homebuilders.
Metric ID:
phm_segment_northeast_land_under_developmentHistorical Data
4 periods
| Q2 '21 | Q4 '21 | Q4 '22 | Q4 '23 | |
|---|---|---|---|---|
| Value | $230.83M | $246.13M | $241.90M | $337.13M |
| QoQ Change | — | +6.6% | -1.7% | +39.4% |
| YoY Change | — | — | -1.7% | +39.4% |
Range$230.83M – $337.13M
Avg YoY Growth+18.8%
Median YoY Growth+18.8%
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Frequently Asked Questions
- What is Pultegroup's northeast — land under development?
- Pultegroup (PHM) reported northeast — land under development of $337.13M in Q4 2023.
- What does northeast — land under development mean?
- The value of land in the Northeast currently being prepared for future homebuilding.