Shaina Zucker from the Houston Biz Journal recently reported that eight Houston-area communities made the Robert Charles Lesser & Co. list of the top-selling master-planned communities of 2012.
The Woodlands, slid down from No. 2 to No. 3 this year, while Riverstone made the biggest climb, up to No. 7 from No. 15 in 2011. Bridgeland also slid down two spots on the list, to No. 15.
Sales among the top 20 communities were more than 37 percent higher in 2012 than in 2011 because of strong gains in states hit hard by the housing bust, including Nevada, Florida and California.
“In Houston, where new home sales increased by more than 25 percent overall, mature communities such as The Woodlands and Cinco Ranch experienced less rapid increases than the market as a whole,” RCLO said in its report. “This is primarily because these communities are not offering as much product diversification as in previous years as they approach buildout, reducing their sales volume in many lower price points while increasing sales and market share in largely upper price points.”
Lot development continues to lag absorption and lot inventory is at its lowest in 10 years, the report said.
For more information about The Woodlands homes for sale, please call realtor Luis Tamborrel at (832) 482-9367.
Hablamos Español y tenemos información acerca de bienes raíces en The Woodlands, sólo comuníquese al 55.4991.4933 o Nextel 72*13*9814 desde México.
Source: bizjournals.com