LandSea Homes Investor Presentation
16
IMPRESSIVE OPERATING RESULTS YEAR TO DATE
DESPITE COVID SHUTDOWNS
Landsea's strategic
shift toward lower $ASP
homes has driven strong
performance in 2020
Rebound from March
underpinned by Landsea's
differentiated platform and
target price points
Net order momentum early
in 2020 resulted in a record
February for Landsea
June net orders demonstrate
resiliency in core markets of
Arizona and California
$451m
YTD Contract Value
972
YTD Orders
Absorption rate¹
Net Orders Value ($m)
$69
Jan-20
118
Net Orders (Units)
Jan-20
3.7
$91
Source: Landsea Homes Management Note: 1) Calculated as net orders divided by average active communities.
Feb-20
215
Feb-20
7.7
$85
Mar-20
179
Mar-20
6.2
$37
Apr-20
84
Apr-20
2.5
$57
May-20
157
May-20
4.6
$111
Jun-20
219
Jun-20
6.2
LANDSEAⓇ
HOMES
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