After six consecutive years as the top-selling master-planned community in the nation, Summerlin in Las Vegas dropped to No. 2 in 2003 behind The Villages, an active-adult community between Orlando and Ocala, Fla., according to Robert Charles Lesser & Co., a real estate advisory company.
Del Webb placed five communities among the top 20, including No. 16 Sun City Palm Desert (Calif.), which sold out last year. RCL notes that most of the top sellers are in areas with rapid population growth, steady or strong employment growth, abundant housing options and large tracts of available land in desirable climates.
2003 Rank | 2002 Rank | Community | Metro Area | Developer | 2003 Sales | 2002 Sales | % Change |
1 | 2 | The Villages | Orlando/Ocala, Fla. | The Villages | 3,823 | 2,260 | 69.2 |
2 | 1 | Summerlin | Las Vegas | The Howard Hughes Corp. | 2,873 | 2,634 | 9.1 |
3 | 4 | Poinciana | Orlando, Fla. | Avatar Properties | 2,484 | 1,697 | 46.4 |
4 | 5 | Anthem Las Vegas | Las Vegas | Del Webb | 2,038 | 1,678 | 21.5 |
5 | 3 | Irvine Ranch | Orange County, Calif. | Irvine Community Development | 1,937 | 2,080 | -6.9 |
6 | 8 | St. Lucie West | Port St. Lucie, Fla. | St. Lucie West Development | 1,569 | 1,152 | 36.2 |
7 | 6 | The Woodlands | Houston | The Woodlands Operating Co. | 1,452 | 1,378 | 5.4 |
8 | 10 | Anthem Phoenix | Phoenix | Del Webb | 1,293 | 1,136 | 13.8 |
9 | 7 | Ladera Ranch | Orange County, Calif. | DMB Ladera | 1,212 | 1,415 | -14.3 |
10 | 11 | Sun City Grand | Phoenix | Del Webb | 1,204 | 1,100 | 9.5 |
Advertisement
Related Stories
Sales
Sales and Texting? Know the Rules
Texting your sales prospects en masse can be an efficient way to get your message through if you follow these best practices
Affordability
Will NAR's Landmark Commissions Settlement Lower Housing Costs?
The $418 million deal changes long-standing rules—written and unwritten—that consumers claim inflated sales commissions for home sellers, including new-home builders
Market Data + Trends
January's Mortgage Rate Dip Prompts Some Thawing of the Housing Market
A drop in mortgage rates from recent peaks nudged more homebuyers and sellers into the market, signaling the start of greater supply and demand