Houston was number one in the nation for top-selling master-planned communities in the first half of 2022, even as the housing market showed signs of slowing. Overall, the region was home to 13 of the nation’s top 50 master-planned communities.
The region was propelled to the top thanks in part to home sales in the recently opened communities of Sunterra in Katy, Marvida in Cypress and The Highlands in Porter. However overall, the region was home to 13 of the nation’s top 50 master-planned communities in the first half of the year.After opening in late 2021, Sunterra makes its first appearance on RCLCO's top-selling communities list at No. 8 in the nation with 450 sales in the first half of 2022.
Earlier this summer, Howard Hughes celebrated the grand opening of Prairieland Village, which will bring approximately 7,000 single-family homes to Bridgeland. Median home prices in Bridgeland as of July 2022 were about $520,000, in an increase of less than 20 percent compared to the same last year, according to Howard Hughes.
“Interest in Bridgeland remains strong and homebuyers are very attracted to Bridgeland’s high quality of life and abundant amenities and outdoor spaces," said Steve Sams, Senior Vice President, MPC Residential, in a statement.Marvida, another development of Land Tejas and Starwood Land, spans 850 acres and will have about 2,500 lots.
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