Every year since 1994, RCLCO has conducted a national survey identifying master-planned communities with the most home sales. The ranking of top communities is based on total home sales as reported by each community.
This year, 17 of the top 50 fastest-growing master-planned communities were in Texas; four in North Texas.
Woodcreek Fate and Union Park in Little Elm were tied at No. 24 in RCLCO Real Estate Advisors’ top-50 best-selling master-planned communities.
For Woodcreek Fate, located off Interstate 30 east of Rockwall, it’s the second consecutive year the New Braunfels-based SouthStar Communities development has cracked the top-50. Last year, Woodcreek Fate was tied for 40th with 401 sales.
This year, Woodcreek Fate reported 623 new home sales, an increase of 55 percent from 2019. Woodcreek has 1,500 completed homes with build-out set at 4,000.
Union Park reported 607 new home sales in 2020. Union Park, developed by Dallas-based Hillwood Communities, plans a build-out of 3,000 homes at its location along U.S. 380 between the Dallas North Tollway and U.S. 377.
The Silverado community in Aubrey, ranked 28th nationally with 584 sales. Silverado is developed by Arlington-based D.R. Horton.
Pecan Square in Northlake, a Hillwood community, ranked 38th nationally with 509 sales.
D.R. Horton developed two Texas master-planned communities on the list, Tamarron in Katy and Valley Ranch in San Antonio, in addition to the Valley Vista community in North Las Vegas; and the Tartesso development in Buckeye, Ariz.
The Houston-The Woodlands-Sugar Land metro area was represented by eight communities and over 5,000 homes sold.
Florida and Texas together account for about 63 percent of total sales among the 50 top-selling communities.
The Villages retiree-focused community in Florida again ranked No. 1. The Villages reported 2,452 sales, a year after reporting 2,429.
Total new home sales were 20 percent higher than last year’s list, gains made during the COVID-19 pandemic. According to the RCLCO summary, trends such as demographic shifts, low interest rates, and low inventory boosted demand.
“These factors have had more overall impact than COVID-19 concerns in driving the market, although the pandemic has clearly encouraged some buyers to act sooner to obtain the housing they desire,” according to the RCLCO summary.