For the fifth year in a row, Lakewood Ranch was found to be the No. 1 selling multigenerational, master-planned community in the U.S. according to studies by RCLCO and John Burns, two independent real estate consulting firms.
Lakewood Ranch had 1,846 home sales in 2022. Lakewood Ranch's record was 2021 when it sold 2,574 homes, and it was headed toward that number again in 2022 before a nationwide slowdown took over in the second quarter of last year going forward.
“For nearly three decades, Lakewood Ranch has fostered a sense of place, community, and belonging. Our diversity of experiences, access to nature and services, and top-quality schools and healthcare are all here to be enjoyed. That is reassuring for home buyers in this more uncertain market,” said Laura Cole, senior vice president of LWR Communities, LLC, in a release.
According to the release, Cole attributes Lakewood Ranch’s sales success to the variety of neighborhoods, home styles, and price points offered to buying segments, including multi-gen, entry-level, family move-up, retiree and active adult, and luxury/custom buyers.
“In this market, communities that create the most certainty for the buyer will outpace the others. Lakewood Ranch performed, and is well-positioned to continue to do so,” Cole said. “Our multigenerational appeal remains our largest differentiator; we are opening seven new neighborhoods this year priced from the $300s to $1 million-plus. We are also opening a number of new apartment and build-for-rent communities.”