United Homes Group (UHG) reports mixed Q2 2025 operational results

United Homes Group, Inc. (NASDAQ: UHG) announced preliminary operational statistics for the second quarter ended June 30, 2025, showing mixed results across key metrics.

Net new orders declined 5.9% year-over-year to 304 units in the second quarter, compared to 323 units in the same period last year. For the six-month period, net new orders fell 15.1% to 600 units from 707 units in 2024.

Home starts increased 2.9% to 357 units in the second quarter versus 347 units in the prior year period. However, for the first half of 2025, starts decreased 2.9% to 605 units compared to 623 units in the corresponding 2024 period.

Home closings dropped 10.1% to 303 units in the second quarter from 337 units in the same quarter last year. Six-month closings declined 14.4% to 555 units from 648 units in 2024.

The company's total inventory as of June 30, 2025, was 657 units, down 17.6% from 797 units a year earlier. This included 202 units in backlog, 418 spec homes, and 37 model homes.

Chief Executive Officer Jack Micenko attributed the decline in net new orders to a 10% reduction in active community count, despite improved sales pace. He stated the company expects active communities to increase in the second half of 2025, which should drive growth.

The company noted that its product refresh initiative continues to drive margin improvement, with refreshed product gross margins running approximately 300 basis points higher than legacy product margins in the second quarter.

United Homes Group is a residential builder headquartered near Columbia, South Carolina, with active communities in South Carolina, North Carolina, and Georgia. The company focuses on entry-level and move-up single-family houses using a land-light operating strategy.

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