Increased 2020 home sales in Sierra Vista propelled our community onto two annual lists of the top-selling master-planned communities in the nation.
Each year, well-regarded research and consulting firms focused on the housing industry — John Burns Real Estate Consulting and Robert Charles Lesser & Co. (RCLCO) — publish annual lists of the top 50 master-planned communities. Sierra Vista landed on both of them. Rankings are determined by the previous year’s sales.
Sierra Vista nabbed the No. 43 spot on the John Burns list and was ranked at No. 45 by RCLCO. Our builders sold 474 homes in 2020 compared to 346 homes in 2019 — a 37 percent increase!
This was the first year Sierra Vista debuted on the John Burns list. In July, we made the RCLCO mid-year report.
Factors that led to increased home sales included historically low interest rates as well as a desire among home buyers for large homes, homes with offices and the presence of outdoor amenities such as hike-and-bike trails, pools and green spaces.
In Sierra Vista, residents have access to amenities in both our community and nearby Sterling Lakes, including a junior Olympic pool, the Splash Pad Texas Water Park, a fitness center and more. Plans to build a crystal clear lagoon are progressing.
Balmoral, our sister community, also landed on the lists, ranking No. 11 with 841 homes sold.