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

Lakewood Ranch
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.

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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