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PulteGroup, Inc. Message Board

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  • rollandnowell rollandnowell Jan 30, 2008 8:04 PM Flag

    Pulte Homes Reports Fourth Quarter and Full Year 2007 Financial Results

    <<Net new home orders for the fourth quarter were 4,562 homes, valued at $1.2 billion, which represent declines of 29% and 41%, respectively, from prior year fourth quarter results.>>

    Playing with these numbers I get avg selling price now of 269 K.

    value of net new home orders for same Q last yr works out to 2.03 billion with an avg price of 315,953.

    That makes for a decline in avg selling price of 14.8 %.

    Of course many of these new orders may be subject to cancellation.

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