Community Blog

July
2014
08
Riverstone Ranks No. 4 Among Nation's Top-Selling Communities

Riverstone Ranks No. 4 Among Nation's Top-Selling Communities

Riverstone has moved up two spots to No. 4 on a recently released list of the nation’s top-selling master-planned communities.

Riverstone is the top-ranked Texas development on the mid-year 2014 report by Robert Charles Lesser & Co. (RCLCO), a real estate advisory group, with 384 sales through the first half of the year. The next highest placed Texas community is Cinco Ranch, tied for No. 9. In all, there are nine Texas developments — all from the Houston area — ranked among the nation’s top 20 master-planned communities. Three of the communities — Riverstone, Cross Creek Ranch and Sienna Plantation — are projects of The Johnson Development Corp.

“Sales remain strong in Riverstone as builders introduce new housing styles and people are attracted to the family lifestyle and employment opportunities found in Fort Bend County,” said Trey Reichert, vice president and general manager of Riverstone. “We anticipate our sales pace to continue throughout the second half of 2014 with more neighborhoods opening this summer and later this year.”

At the start of the year, RCLCO and John Burns Real Estate Consulting ranked Riverstone No. 6 among the nation’s top-selling master-planned communities, based on 2013 sales. Metrostudy rankeds Riverstone No. 2 on the list of best-selling developments in the greater Houston area at the end of 2013.

Nineteen builders offer homes in Riverstone priced from the $300,000s to the millions. Residents enjoy an array of amenities, including The Club at Riverstone, a 17-acre recreation complex that opened this summer with swimming, tennis and an 8,000-square-foot clubhouse. New homes in Riverstone, located along Highway 6 near U.S. 59 and the Fort Bend Parkway, boast a Sugar Land address.

For the original article, click here.

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