Houston Ranks As Top-Selling Master-Planned Community

Houston is leading the trend in master-planned communities, as demonstrated by the statistics. For the second consecutive year, Houston, the largest city in Texas, has dominated  RCLCO’s list of the nation’s 50 top-selling master-planned communities in the nation, contributing thirteen communities and reaching a total of 4,800 transactions year-to-date.

Three out of the top 10 most engaged communities are located in the Greater Houston area, surpassing any other metropolitan region in the US. Sunterra in Katy, a Greater Houston community, outshines all others by securing the third position with almost 670 sales this year, marking a significant increase of 49% from mid-2022. On this 2000-acre planned buildout that Land Tejas and Starwood Land started in 2021, industry leaders like Chesmar Homes, DR Horton, and Perry Homes have begun construction. The first phase, adding 870 acres, is in progress.

Bridgeland, one of Houston's most talked-about communities, has leapt to sixth place with 511 sales, a rise of 13 positions. The surge in home sales is likely due to the Howard Hughes Corporation's launch of their new residential village, Creekland Village, in December. The village will be Bridgeland's fourth and final residential area and is due to open in October. "Bridgeland is on track for a record-breaking sales year, with Bridgeland Central playing a key role in pushing home sales," stated Stephen Sams from Howard Hughes. Preleasing for Wingspan, the development's first build-to-rent neighborhood, is anticipated to commence soon.

Marvida, another creation by Land Tejas and Starwood Land, has secured the ninth position. Situated in the western part of Cypress, near the Grand Parkway and Highway 290, Marvida first introduced 20 model homes last year. With Houstonians increasingly focusing on the northwest, Cypress has emerged as a hot spot. Projections suggest that by the end of 2023, hundreds of new homes could be added to the suburb. At present, Clay Residential is constructing a build-to-rent community at Marvida to cater to Houston's expanding rental market.

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