The Villages Unseats Summerlin as Top-Selling Master-Planned

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 & ...
By Bill Lurz, Senior Editor | February 29, 2004

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.

Top-Selling Master-Planned Communities in 2003
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

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