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Three OC developments made the John Burns Real Estate Consulting 2019 list of the 50 most successful master-planned communities, ranked by sales.
Irvine Company’s Irvine Ranch secured the No. 7 spot with 850 net sales; Five Point Communities’ (NYSE: FPH) Great Park Neighborhoods came in at No. 20 with 553 net sales; and Rancho Mission Viejo is No. 33 with 445 net sales.
Communities listed sold at least 370 new homes each in 2019. The 50 developments sold more than 31,000 new homes, a 13% increase from 2018, with the Southwest about 30% of that, selling 9,000 homes.