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Eight Valley communities on national list of top-selling master-planned developments.

Tuesday, January 7, 2020   /   by Juan Grimaldo

Eight Valley communities on national list of top-selling master-planned developments.

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Eight Valley master-planned communities made RCLCO Real Estate Advisors' list of the nation's 50 top-selling master-planned communities for 2019.

By Angela Gonzales  – Senior Reporter, Phoenix Business Journal


Eight Phoenix-area master-planned communities are among the 50 top-selling developments across the country, according to a Washington, D.C.-based real estate group.

RCLCO Real Estate Advisors released its survey of the most popular master-planned communities in the U.S., with two new Valley communities making the cut.

Top selling master-planned communities Jan 2020

RCLCO Real Estate Advisors' top-selling master-planned communities of 2019


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New to the ranking is Meridian, an 880-acre project being developed by William Lyon Homes at Signal Butte and Ocotillo roads in Queen Creek. It ranked No. 31 on the list, selling 448 homes during 2019.

Troy Wahlberg, vice president of acquisitions and development for William Lyon Homes, said his company had not previously reported home sales to RCLCO. In 2018, Meridian had 324 sales, he said.

Also new to the national ranking is Scottsdale-based Harvard Investments Inc.'s Cadence at Gateway, which came in at No. 43, selling 390 homes in 2019.

Located at Ray and Ellsworth roads near Loop 202 and the new State Route 24 in Mesa, Cadence at Gateway opened in late 2018 and has sold 90% of the homes for its first phase.

Five of the eight communities making the cut are in the West Valley, with the other three in Mesa and Queen Creek.

On last year's RCLCO list, five of the six Valley communities are in the West Valley.

 
Keller Williams Realty Professional Partners - The Grimaldo Group
Juan Grimaldo
7025 West Bell Road #10
Glendale, AZ 85308
480-365-8346

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