The Lakes at Rancho El Dorado led Arizona master-planned communities in home sales last year

by Patrick Regan

The Lakes at Rancho El Dorado sold more homes than any other Arizona master-planned community in 2022, according to data released by John Burns Real Estate Consulting.

The community in Maricopa, by developer Harvard Investments, sold 430 homes in 2022, 33rd among MPCs nationwide. Sales were up from 350 homes in 2021.

Eastmark in Mesa, by Brookfield Properties and DMB Associates Inc., was second in Arizona with 363 homes sold last year, good for No. 44 nationally.

Twelve of the top 25 best-selling MPCs in 2022 are in Florida, including the top three nationally. The Villages, north of Orlando, was No. 1 with 3,923 home sales. Lakewood Ranch near Sarasota was next with 1,846 followed by SilverLeaf in St. Augustine with 1,034. 

John Burns Real Estate Consulting examined 500 MPCs to arrive at its rankings. It reported slowing sales overall compared to the previous two years. The top 50 MPCs sold a combined 31,000 homes last year, down from 35,000 in 2021 and 37,000 in 2020.

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