National survey: 3 of the 5 fastest-selling residential developments are in Florida

The survey by RCLCO ranked The Villages in Central Florida first, and developments in the Sarasota area second and fifth

Miami /
Jul.July 28, 2018 04:00 PM

Lakewood Ranch

A national survey shows that three of the five fastest-selling residential developments are in Florida.

The Villages, a retirement community in Central Florida, is the fastest-selling residential development in the nation, according to RCLCO a real estate consulting firm based in Maryland.

The Villages had 1,115 home sales in the first half of the year, up 13 percent from the same period last year.

The number of home sales at Lakewood Ranch, a master-planned community in Sarasota and Manatee counties, ranked second.

Lakewood Ranch had 826 home sales in the January-June period, a 33 percent increase from last year.

Ranked fifth in the RCLCO survey was West Villages in North Port, a city in the Sarasota area. The number of first-half home sales at West Villages totaled 648, up 23 percent from last year.

According to RCLCO, the other two top-selling residential developments are third-ranked Summerlin in Las Vegas and fourth-ranked Irvine Ranch in Orange County, California. [Bradenton Herald]Mike Seemuth


Related Articles

arrow_forward_ios
(iStock)
South Florida resi construction starts soar in March
South Florida resi construction starts soar in March
Eden Multifamily heads Jay Massirman and Jay Jacobson with Cypress Equity Investments CEO Michael Sorochinsky (rendering courtesy of MSA Architects)
Eden Multifamily, Cypress Equity score $24M construction loan for Tamarac apartments
Eden Multifamily, Cypress Equity score $24M construction loan for Tamarac apartments
(iStock)
Home prices across globe hit records, prompting worries of bubble
Home prices across globe hit records, prompting worries of bubble
Steven and Beth Millner with One Thousand Ocean (Patrick McMullan/Getty, Google Maps)
Private equity honcho pays $5M for Boca Raton condo
Private equity honcho pays $5M for Boca Raton condo
From left: Jim Cohen, Nancy Corey, Nathan Zeder, Alicia Cervera Lamadrid, Phil Gutman and Mike Pappas (iStock)
South Florida’s pandemic-fueled residential market poised for bull run in 2021
South Florida’s pandemic-fueled residential market poised for bull run in 2021
Kathleen DuRoss Ford and 300 North Lake Way (Getty, Google Maps)
Kate Ford’s Palm Beach estate sells for $55M
Kate Ford’s Palm Beach estate sells for $55M
Oprah Winfrey and (inset) Lawrence Stroll over the unit (Getty)
You get a condo! Billionaire Lawrence Stroll sells Oprah’s former Fisher Island penthouse
You get a condo! Billionaire Lawrence Stroll sells Oprah’s former Fisher Island penthouse
Gables Town Colony apartment complex, Sue Ansel of Gables Residential
Gables Residential scores $85M loan for Boca Raton apartment complex
Gables Residential scores $85M loan for Boca Raton apartment complex
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...