Wednesday, January 6, 2016
Summerlin® Ranks #6 Nationally For Top-Selling Master-Planned Communities In 2015
Summerlin moves up 9 spots on RCLCO top ten list from #15 in 2014
Twenty-five years after development commenced, Summerlin®, the largest and premier master-planned community in the Las Vegas valley, had new home sales in 2015 topping the 600 mark and earning the community the #6 ranking on a list of best-selling master-planned communities in the country, according to the annual report released by real estate consultant, RCLCO. Developed by Dallas-based The Howard Hughes Corporation® (NYSE: HHC), Summerlin moved up nine spots on the list from the #15 position in 2014, an increase of nearly 40 percent year-over-year with 2014 home sales of 437. Summerlin is the highest ranking Nevada master-planned community and one of only two in Nevada to make the list.
The report, which noted strong employment and income growth in the west, credited the success of Downtown Summerlin®, the 106-acre shopping, dining and entertainment destination in the center of the community, along with the addition of a new village as key factors in the community’s increase in home sales. In 2015, Summerlin opened eight neighborhoods by six home builders and ended the year with 80 floorplans selling in 18 new neighborhoods by home builders Christopher Homes, KB Home, Lennar, Pulte Homes, Richmond American Homes, Ryland Homes, Toll Brothers, William Lyon Homes and Woodside Homes.
To read the full RCLCO report visit: http://www.rclco.com/advisory-top-selling-mpcs-2015?utm_source=January+5%2C+2016+-+Top-Selling+MPCs+of+2015&utm_campaign=Advisory-RCLCO-2015-Top-MPC-2016-01-5&utm_medium=email.
To learn more about Summerlin visit Summerlin.com.