Sales In Lakewood Ranch Push It to #2.
Lakewood Ranch’s exceptional sales numbers have boosted the community’s ranking to second place in the nation for mid-year 2018 for the first time in its history, according to Maryland-based real estate consulting firm RCLCO.
Lakewood Ranch bettered its 2017 mid- and year-end position of No. 3 and outpaced many other recognizable and well-known communities in Arizona, California, Nevada, Texas, Colorado, and even Florida.
The Ranch secured 826 new home sales through the end of June of 2018, versus last year’s figure of 622; an increase of 33 percent. Only one other community in the top 10, located in Nevada, demonstrated a larger percentage of growth. Lakewood Ranch has been among the top-selling master planned communities in the country for seven years.
Lakewood Ranch, after several years of increasing sales, has displaced the previous second place holder, Orange County, California’s Irvine Ranch. This has been aided by the opening of neighborhoods like Waterside, RCLCO officials said. The new village is located on the southern edge of the MPC and, as its name suggests, is oriented around several lakes. Waterside will include a town center on the lake.
RCLCO has been ranking master-planned communities since 1994; for more information, visit www.rclco.com [1]. For more information on Lakewood Ranch visit www.lakewoodranch.com [2].
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