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- Houston Dominates National Ranking for Top-Selling Master-Planned Communities
- Why Is New Construction All the Rage?
- Houston’s Top-Selling Suburban Neighborhoods
- How to Navigate the Houston Area Real Estate Market
Houston Dominates National Ranking for Top-Selling Master-Planned Communities
Homebuyers continue to seek out brand-new homes in Houston’s top suburban areas! Our city has officially become the U.S. leader in home sales within master-planned communities, according to the latest report from the residential real estate consulting firm, RCLCO. Houston was the top-performing metro area, with 12 communities making the list of the Top 50, boasting nearly 8,300 homes sold – or 23% of all new home sales across the nation.
On the national stage, new home sales among the 50 Top-Selling Master-Planned Communities increased by nearly 14% in 2023 compared to 2022’s numbers.
Why Is New Construction All the Rage?
Houston homebuyers are attracted to brand-new homes in master-planned communities in the area’s top suburban markets as they struggle with a lack of inventory and finding affordably priced options in the existing home sales market.
Want to know what else? Homebuilders continue to offer financing incentives to make new home purchases more affordable and attractive, such as buying down mortgage rates AND contributing toward closing costs.
Houston-area developers also continue to invest in resort-style amenities and other infrastructure upgrades to generate more sales.
Houston’s Top-Selling Suburban Neighborhoods
Overall, 12 master-planned communities in the Houston area are on the national list of the 50 best-selling master-planned communities in 2023. Here are the top-selling neighborhoods that you need to know about:
Two Houston area communities placed in the top 5 nationally:
- No. 3: Sunterra community in Katy was the top-selling community across the Houston region last year. Sales soared by 63% at the Land Tejas/Starwood Land last year, with a staggering 1,293 homes sold.
- Howard Hughes’ Bridgeland community in Cypress also placed among the top five nationally, after selling 985 homes, a 74% jump from the previous year.
Other communities among the top 50 include:
- No. 12: Marvida in Cypress with 835 sales
- No. 14: Tamarron in Katy with 774 sales
- No. 21: Caldwell Ranch in Rosharon had 633 sales
- No. 26: Sienna in Missouri City with 606 homes sold
- No. 37: Meridiana ranked with 497 sales
- No. 47: Elyson in Katy sold 400 homes
- No. 50: Jordan Ranch in Fulshear with 385 sales.
Here is the full report of all the 2023 Top Selling Master-Planned Communities.
Whether you're a move-up buyer looking for that next step, an empty-nester searching for a home that suits your next phase in life, or new to the Houston area, the suburbs offer something for everyone. These communities continue to top the list – for a more complete picture, here is a look at HAR’s Top 10 Hottest Communities.
Curious about shifts in the Houston real estate market? For a deeper dive into the Houston market, HERE is a look at how the Houston market performed throughout 2023 and predictions for what’s to come in 2024.
How to Navigate the Houston Area Real Estate Market
This is an expert’s market that requires experience, firsthand knowledge, and a deep understanding of its nuanced dynamics. As your expert ally, and a fourth-generation Houstonian with 15 years of experience navigating the shifts in the Katy, Fulshear, and Inner Loop real estate markets, I’m here to help you understand how to turn these insights into action.
Whether you're selling, buying, or simply exploring your options, contact me to uncover strategies tailored to your unique needs.
