By Kristena Hansen
Phoenix Business Journal
Seven master-planned communities in metro Phoenix have been named among the top 50 best-selling residential developments in the nation in 2012.
The Valley projects were ranked based on a recent survey by Irvine, Calif.-based John Burns Real Estate Consulting, in which about 100 of the nation’s largest communities disclosed their total net sales last year.
The survey then ranked the top 50 best sellers and released it this week, which showed overall net sales last year were up a whopping 46 percent year-over-year. The 50 communities collectively posted 22,806 new home sales for the year. Two local communities by Tempe-based Fulton Homes were among only 11 total on the list that doubled sales from the year before.
Here are the Phoenix-area communities that made the list:
