Discontinued — last reported Q4 '23
Pultegroup Texas — Land under development decreased by 0.7% to $721.03M in Q4 2023 compared to the prior quarter.
Higher levels suggest a robust pipeline for future growth, while declining levels may indicate a constrained supply of buildable lots.
The carrying value of land in the Texas segment that is currently being prepared for construction, including site improv...
Equivalent to development-stage land inventory reported by other regional homebuilders.
phm_segment_texas_land_under_development| Q4 '21 | Q4 '22 | Q4 '23 | |
|---|---|---|---|
| Value | $512.93M | $726.34M | $721.03M |
| QoQ Change | — | +41.6% | -0.7% |
| YoY Change | — | +41.6% | -0.7% |