By AZ Business Magazine | AZ Big Media
Researchers recently compiled a report, RCLCO Real Estate Consulting’s Top Selling Master Planned Communities of Mid-Year 2021, which highlights year-to-date sales at master-planned communities across the country.
Verrado, Eastmark, and Cadence at Gateway are the top selling master planned communities in Arizona. All three rank in the Top 50 nationally.
Here are some of the other key findings from the report:
• Home sales in the nation’s 50 top-selling master-planned communities (MPCs) exceeded expectations in the first half of 2021, with a pace that indicates the potential for a 12% increase at year’s end compared with 2020.
• This surge in new homes sales among the Top-50 is nearly 20% above sales shared in the last mid-year report and comes despite a tightening of new home inventory and reduced supply of components needed for new home construction.
