DEVELOPERS CORNER
2019 CORDILLERA RANCH
MARKET RECAP
FOR THE FIFTH STRAIGHT YEAR, Cordillera Ranch real estate sales transactions (including all lot sales, home sales and new home starts) exceeded $100MM, surging to a record $132MM in total real estate activity in 2019. Home sales and new home starts drove the record activity, largely due to continued increases in average home prices as well as a large jump in the number of homes sold during 2019. While total lot sales were below 2018’s record lot sales for the community, they remained on par with the prior five years of activity. Combined lot and home sales totaled 113 in 2019, down from 124 in 2018.
Photo by Terry Vine
70 | MARCH/APRIL 2020
TOTAL LOT AND HOME SALES (#) (even those without price)
The Springs of Cordillera Ranch Entry
