HOUSTON (Houston Business Journal) – Houston is home to two of the country’s five top-selling master-planned communities, according to John Burns Real Estate Consulting LLC.
The Woodlands ranked second based on 945 home sales last year, up from 786 sales in 2010. Cinco Ranch came in third with 862 home sales, up from 823 sales in 2010.
Also cracking the top five was Alamo Ranch in San Antonio, with 500 home sales last year.
The top spot went to The Villages in Orlando, Fla., which had 2,307 sales.
Twelve of the top 50 master-planned communities in the survey are in Houston. A list is posted on the Houston Business Journal‘s website.
A total of 133 master-planned communities were surveyed by Irvine, Calif.-based John Burns Real Estate Consulting for the second annual ranking.