Landsea Homes Corporation provided sales and production guidance for the third quarter and full year of 2022. For the quarter, the company expected delivery of new home anticipated to be in a range of 575 to 630 and delivery ASPs expected to be in a range of $550,000 to $575,000.

For the Full Year, the company expected delivery of new home anticipated to be in a range of 2,500 to 2,700 and delivery ASPs expected to be in a range of $525,000 to $550,000. Home sales gross margin to be in a range of 20% to 22% on a GAAP basis.