Report Identifies Top-Selling Master Planned Communities of 2023

A tight supply of resale home inventory and high prices for housing, combined with builder incentives for buyers of new homes, helped ensure new homes in master planned communities (MPCs) continued to be attractive to homebuyers during 2023 despite high interest rates, according to real estate consulting company RCLCO's Top 50 Master Planned Communities year-end report. The report found that new-home sales among the 50 top-selling MPCs went up by nearly 14% during 2023 compared with the sales of 2022’s top 50 MPCs, with many developers attributing the increase to more favorable inventory levels and improved access to construction materials than in previous years.

Other highlights from the report:

• The Villages active-adult community is once again the top-selling community in the nation with 3,029 sales.
• Sarasota, Florida’s Lakewood Ranch claimed the number two spot overall, and is the top-selling multi-generational community in the country, with 2,257 sales, an impressive 22% increase over last year.
• Sunterra in Katy, Texas earned the third-place rank with 1,293 sales in 2023, a whopping 63% increase over 2022.
• The Houston MSA was the top-performing metropolitan area with 12 communities in the Top-50, representing nearly 8,300 sales, or 23% of all sales among top-ranked MPCs.
• The state of Florida represented about 40% of sales among top-ranked communities, followed by Texas at nearly 37%. Five of the Top-10 communities in the nation are in Florida.

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