Fourth Quarter 2020
Supplemental Data
Orders and Absorptions
Quarterly Orders and Absorptions by State & Region | ||||||||||||||||
1Q19 | 2Q19 | 3Q19 | 4Q19 | 1Q20 | 2Q20 | 3Q20 | 4Q20 | |||||||||
Orders | Absorptions | Orders | Absorptions | Orders | Absorptions | Orders | Absorptions | Orders | Absorptions | Orders | Absorptions | Orders | Absorptions | Orders | Absorptions | |
Arizona | 457 | 12.4 | 582 | 15.7 | 482 | 12.5 | 354 | 10.4 | 570 | 17.8 | 737 | 20.8 | 709 | 19.4 | 485 | 14.3 |
California | 167 | 8.8 | 207 | 10.1 | 198 | 9.0 | 231 | 9.6 | 352 | 13.3 | 388 | 13.6 | 510 | 21.3 | 280 | 15.6 |
Colorado | 204 | 9.5 | 220 | 10.0 | 156 | 7.6 | 142 | 7.5 | 199 | 12.8 | 153 | 11.8 | 188 | 15.7 | 210 | 19.1 |
West Region | 828 | 10.7 | 1,009 | 12.7 | 836 | 10.3 | 727 | 9.4 | 1,121 | 15.1 | 1,278 | 16.6 | 1,407 | 19.4 | 975 | 15.5 |
Texas | 870 | 9.7 | 827 | 10.5 | 649 | 8.8 | 697 | 9.2 | 1,059 | 13.7 | 1,215 | 16.6 | 1,183 | 18.8 | 1,019 | 16.8 |
Central Region | 870 | 9.7 | 827 | 10.5 | 649 | 8.8 | 697 | 9.2 | 1,059 | 13.7 | 1,215 | 16.6 | 1,183 | 18.8 | 1,019 | 16.8 |
Florida | 301 | 9.6 | 331 | 9.7 | 293 | 8.1 | 255 | 7.4 | 317 | 9.5 | 390 | 11.1 | 491 | 14.0 | 447 | 13.8 |
Georgia | 144 | 7.0 | 149 | 7.5 | 138 | 7.1 | 106 | 5.9 | 156 | 9.5 | 190 | 11.9 | 172 | 12.3 | 147 | 16.3 |
No.Carolina | 230 | 9.2 | 240 | 10.0 | 188 | 8.4 | 207 | 8.8 | 287 | 12.8 | 326 | 15.9 | 386 | 18.8 | 368 | 18.0 |
So. Carolina | 81 | 7.0 | 69 | 6.9 | 55 | 5.8 | 49 | 5.2 | 87 | 10.9 | 95 | 15.8 | 90 | 16.4 | 108 | 18.0 |
Tennessee | 76 | 7.2 | 110 | 10.0 | 99 | 9.9 | 52 | 5.8 | 75 | 7.1 | 103 | 9.0 | 122 | 12.2 | 110 | 13.8 |
East Region | 832 | 8.4 | 899 | 9.1 | 773 | 7.9 | 669 | 7.1 | 922 | 10.1 | 1,104 | 12.4 | 1,261 | 14.8 | 1,180 | 15.5 |
Total | 2,530 | 9.5 | 2,735 | 10.6 | 2,258 | 9.0 | 2,093 | 8.5 | 3,102 | 12.8 | 3,597 | 15.1 | 3,851 | 17.5 | 3,174 | 15.9 |
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Orders and Absorptions (CY/PY)
Quarterly Orders and Absorptions by State & Region (CY/PY) | ||||||||||||||||
1Q19 | 2Q19 | 3Q19 | 4Q19 | 1Q20 | 2Q20 | 3Q20 | 4Q20 | |||||||||
Orders | Absorptions | Orders | Absorptions | Orders | Absorptions | Orders | Absorptions | Orders | Absorptions | Orders | Absorptions | Orders | Absorptions | Orders | Absorptions | |
Arizona | 0% | 2% | 40% | 45% | 39% | 51% | 18% | 46% | 25% | 44% | 27% | 32% | 47% | 55% | 37% | 38% |
California | -24% | -30% | 9% | -20% | 90% | 25% | 112% | 37% | 111% | 51% | 87% | 35% | 158% | 137% | 21% | 63% |
Colorado | 17% | -24% | 33% | 9% | -1% | -6% | 22% | 29% | -2% | 35% | -30% | 18% | 21% | 107% | 48% | 155% |
West Region | -3% | -13% | 31% | 18% | 38% | 29% | 38% | 38% | 35% | 41% | 27% | 31% | 68% | 88% | 34% | 65% |
Texas | 8% | 13% | 8% | 28% | 2% | 26% | 18% | 46% | 22% | 41% | 47% | 58% | 82% | 114% | 46% | 83% |
Central Region | 8% | 13% | 8% | 28% | 2% | 26% | 18% | 46% | 22% | 41% | 47% | 58% | 82% | 114% | 46% | 83% |
Florida | 14% | 2% | 3% | -12% | 27% | 5% | 34% | 19% | 5% | -1% | 18% | 14% | 68% | 73% | 75% | 86% |
Georgia | -3% | -5% | 37% | 42% | 55% | 69% | 13% | 37% | 8% | 36% | 28% | 59% | 25% | 73% | 39% | 176% |
No.Carolina | 46% | 8% | 68% | 39% | 35% | 21% | 39% | 33% | 25% | 39% | 36% | 59% | 105% | 124% | 78% | 105% |
So. Carolina | 1% | 9% | -22% | -10% | -15% | 3% | -26% | -5% | 7% | 56% | 38% | 129% | 64% | 183% | 120% | 246% |
Tennessee | 58% | -10% | 112% | 35% | 62% | 46% | 37% | 53% | -1% | -1% | -6% | -10% | 23% | 23% | 112% | 138% |
East Region | 20% | 2% | 26% | 12% | 32% | 23% | 25% | 29% | 11% | 20% | 23% | 36% | 63% | 87% | 76% | 118% |
Total | 7% | 0% | 22% | 19% | 24% | 27% | 27% | 37% | 23% | 35% | 32% | 42% | 71% | 94% | 52% | 87% |
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Orders and Average Communities by Product Type
Orders and Average Communities by Product Type | ||||||||||||||||
1Q19 | 2Q19 | 3Q19 | 4Q19 | 1Q20 | 2Q20 | 3Q20 | 4Q20 | |||||||||
Orders | Communities | Orders | Communities | Orders | Communities | Orders | Communities | Orders | Communities | Orders | Communities | Orders | Communities | Orders | Communities | |
Entry-Level | 1,130 | 91.50 | 1,408 | 99.00 | 1,218 | 106.00 | 1,146 | 111.00 | 1,906 | 119.00 | 2,511 | 128.50 | 2,644 | 131.50 | 2,277 | 133.50 |
1st Move-Up | 1,079 | 132.50 | 1,048 | 120.50 | 853 | 111.50 | 778 | 103.50 | 1,020 | 96.00 | 938 | 86.50 | 990 | 69.50 | 762 | 53.00 |
Other | 321 | 42.00 | 279 | 37.50 | 187 | 34.50 | 169 | 32.50 | 176 | 27.50 | 148 | 24.00 | 217 | 19.50 | 135 | 13.00 |
Total | 2,530 | 266.00 | 2,735 | 257.00 | 2,258 | 252.00 | 2,093 | 247.00 | 3,102 | 242.50 | 3,597 | 239.00 | 3,851 | 220.50 | 3,174 | 199.50 |
Orders and Average Communities by Product Type (Pct% of Totals) | ||||||||||||||||
1Q19 | 2Q19 | 3Q19 | 4Q19 | 1Q20 | 2Q20 | 3Q20 | 4Q20 | |||||||||
Orders | Communities | Orders | Communities | Orders | Communities | Orders | Communities | Orders | Communities | Orders | Communities | Orders | Communities | Orders | Communities | |
Entry-Level | 45% | 34% | 51% | 39% | 54% | 42% | 55% | 45% | 61% | 49% | 70% | 54% | 69% | 60% | 72% | 67% |
1st Move-Up | 43% | 50% | 38% | 47% | 38% | 44% | 37% | 42% | 33% | 40% | 26% | 36% | 26% | 32% | 24% | 27% |
Other | 13% | 16% | 10% | 15% | 8% | 14% | 8% | 13% | 6% | 11% | 4% | 10% | 6% | 9% | 4% | 7% |
Total | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% |
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Meritage Homes Corporation published this content on 28 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 January 2021 16:03:02 UTC.