RCLCO, a Maryland-based real estate consulting firm, released the 2022 results from its semi-annual survey showing the 50 top-selling master-planned...
North Texas communities represent some of the top-selling developments in the nation, according to a new report.
Silverado was the top-selling community in Texas last year, and it ranked third on RCLCO’s list in the first half of 2022. Sales of homes in Silverado doubled from 2021 to 2022, RCLCO found. As of August, Silverado had about 1,500 homes, according to the city of Aubrey. Nineteen Texas communities were on the list, and 13 of them were in the Houston area, which was the top-performing metro area in the survey. Communities in El Paso and Austin also ranked. Sales in Texas communities represented nearly 30% of all the sales in the survey.
New home sales for the 50 top-selling communities declined by 20% in 2022 compared with 2021 because of lower sales volume due to“However, master-planned communities have historically increased their overall market share in times of economic turmoil, as consumers perceive that the quality of master-planned communities can provide a level of insulation from broader market trends,” said RCLCO principal Karl Pischke in a statement.
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