Two master planned communities in Southwest Florida have ranked again among the fastest-selling master-planned communities in the nation, despite difficulties associated with the COVID-19 pandemic.
Lakewood Ranch, located in Sarasota and Manatee Counties, has retained its second place position with 838 sales as of June 30th, up 2% year over year.
“No question the outbreak has prompted a flight to quality,” said Laura Cole, senior vice president at LWR Communities LLC. “Buyers across the demographic and geographic spectrum have, in many cases, accelerated their decision to purchase a home in Lakewood Ranch because it has all the qualities and conveniences of an established town with the added benefit of resort-level amenities in their neighborhood.”
Wellen Park, located in southern Sarasota County and previously known as the West Villages, has moved up into third place with 683 sales as of June 30th, up 1% YOY.
“We’re very pleased that our development plans for this amazing master-planned community have been so well received and resulted in increasing demand from future residents who are looking for a place to call home that has everything they need,” Rick Severance, president of Wellen Park, said in a statement about the RCLCO ranking. “It’s clear that despite the impact of the pandemic, the unique vision and amenities that Wellen Park offers homeowners is appealing.”
