Currently Reading

Top 50 MPCs in 2018

Advertisement

Top 50 MPCs in 2018


January 4, 2019
Aerial view of neighborhood, Florida
Photo: Unsplash/Asael Peña

A new ranking of the top-selling 50 master-planned communities (MPCs) in the U.S. finds that once again, Florida's The Villages takes the number one spot. 

Each of the MPCs in the top 50 that made the 2017 ranking as well averaged 5 percent annual growth. The Villages had 2,134 home sales. In second, Sarasota, Fla.'s Lakewood Ranch had 23 percent growth in sales. By state, Florida, California, and Texas have a 67 percent share of total sales in RCLCO's top 50 ranking. At the national level, new single-family home sales grew 2 percent annually as of October 2018, yet the top-10 MPC sales volume has not recovered its pre-recession peaks. 

Despite steadily rising home prices and rising mortgage interest rates, 2018 was generally a good year for MPCs. The outlook for 2019 is that even with the pace of home price increases slowing, reduced affordability will make it challenging to maintain the total sales pace without a shift in the mix of housing products being offered to include a greater share of attainably priced product. Average new home prices are up over 50 percent since the recovery from the Great Recession (not adjusted for inflation) and that combined with higher interest rates will continue to dampen the pace of sales.

Read more

Related Stories

Market Data + Trends

Monthly Housing Inventory Drop Improved Slightly in April

Spring homebuying season came in full force in April yet the expected increase in listings did not, says Zillow. Back in March, there were signs…

Design

Barnaby: The America at Home Study Concept Home

Follow the journey of building the America at Home Study concept home, completed within 60 days and fitted with the most desired features for today’s homebuyers
 

Demographics

More Than 60% of Millennial Buyers Say They Have Regrets About Buying

After the initial excitement from purchasing a new home wears off, dissatisfaction with some aspects of the house begins to creep up for a large…

Advertisement
Advertisement

More in Category




Advertisement
Advertisement

Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.


Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Subscribe
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.