Lakewood Ranch had it's Best Year Ever in 2020, Home Sales Up 30 Percent
Lakewood Ranch has been recognized as the best-selling, master-planned multi-generational community in the country by, two independent real estate consulting firms, for the third year in a row. Lakewood Ranch saw 2,149 new home sales in 2020, up from 1,648 in 2019—a 30 percent increase year-over-year and, despite the pandemic, the best sales year on record for the master-planned community.
According to sales, the pandemic-era desire for homes with independent offices, separate entertainment rooms, technology packages, pools and increased outdoor living space helped drive sales last year, as did the demand for multi-generational floorplans to accommodate family members. Low interest rates and a dwindling inventory of resale homes, which range from the $200s to more than $1 million, also helped spur sales.
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