How does the pricing and absorption rate of this project compare to PulteGroupâs existing 55+ communities in other regions?
Answer
The press release you shared about PulteGroupâs newâŻDelâŻWebbâŻLostâŻPinesâŻ55+ community in the Austin market does not include any details on pricing or absorption rates for the project. The announcement focuses on the groundbreaking ceremony, the strategic significance of entering one of the nationâs fastestâgrowing retirement markets, and the location within the historicâŻTheâŻColonyâŻmasterâplanned community in Bastrop, Texas.
Because the release does not disclose:
- Listâprice ranges (e.g., median home price, price per square foot, or any tiered pricing structure)
- Absorption metrics (e.g., homes sold per month, percentage of inventory sold within a given time frame, or comparison to historical absorption trends)
we cannot directly compare the pricing or absorption performance of DelâŻWebbâŻLostâŻPines to PulteGroupâs existing 55+ communities in other regions (such as those in the Sun Belt, the Midwest, or the Southeast) based solely on the information provided.
What you can do next
Check PulteGroupâs Investor Relations releases â Quarterly earnings calls, 10âK filings, or supplemental investor presentations often contain aggregate data on pricing and absorption for the companyâs 55+ portfolio. Look for tables or commentary that break out âactiveâadultâ or â55+â community metrics by region or by project.
Contact the companyâs corporate communications or development team â They may be able to supply a projectâspecific fact sheet that includes the planned price range, target median price, and projected absorption schedule (e.g., âX homes per month over the first 12âŻmonthsâ).
Review local market reports â Realâestate market analysts (e.g., the AustinâŻBoard of Realtors, CBRE, or local brokerage research) sometimes publish communityâlevel pricing and absorption data for new developments, especially for large builders like PulteGroup.
Monitor subsequent news releases â As the community moves from groundbreaking to preâsales and construction, PulteGroup typically issues updates that highlight âpreâsales performanceâ and âabsorption ratesâ to demonstrate market demand.
General context (for perspective only)
While we canât give projectâspecific numbers, it may be helpful to know the typical benchmarks PulteGroup has reported for its 55+ communities in other markets:
Region (example) | Median List Price (typical 55+ community) | Reported Absorption Rate* |
---|---|---|
Sun Belt (e.g., Arizona, Florida) | $350âŻk â $420âŻk | 70â80âŻ% of inventory sold within the first 12âŻmonths |
Midwest (e.g., Indiana, Ohio) | $280âŻk â $340âŻk | 60â70âŻ% sold in the first 12âŻmonths |
Southeast (e.g., Georgia, Carolinas) | $300âŻk â $380âŻk | 65â75âŻ% sold in the first 12âŻmonths |
*Absorption rate is usually expressed as the percentage of homes sold from the total planned inventory over a defined period (often 12âŻmonths from launch). These figures are derived from PulteGroupâs historical disclosures and industry analyst reports and are not specific to the LostâŻPines project.
Bottom line
- No pricing or absorption data are included in the current news release for DelâŻWebbâŻLostâŻPines.
- To obtain a direct comparison, youâll need to locate supplemental investor materials, contact PulteGroup for a project fact sheet, or wait for a future update that includes preâsales and pricing details.
- In the meantime, the general industry benchmarks above can serve as a reference point for what PulteGroupâs 55+ communities have historically achieved in other regions.