Dream Finders Homes Reported Q1 Average Sales Price Of Homes Closed Increased To $494,995 From $490,553 YoY, Backlog Of 4,524 Sold Homes As Of March 31, 2024, Valued at $2.3B
Portfolio Pulse from Benzinga Newsdesk
Dream Finders Homes (DFH) reported an increase in the average sales price of homes closed in Q1 to $494,995 from $490,553 year-over-year. Additionally, as of March 31, 2024, the company has a backlog of 4,524 sold homes, valued at $2.3 billion.
May 02, 2024 | 11:46 am
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Dream Finders Homes reported a slight increase in the average sales price of homes and a significant backlog of sold homes, indicating strong demand and potential revenue growth.
The increase in the average sales price of homes closed by Dream Finders Homes, along with a substantial backlog of sold homes, suggests a positive outlook for the company's revenue and profitability in the short term. This is likely to be viewed favorably by investors, potentially leading to an increase in the stock price.
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