Balmoral not only maintained its ranking as one of the top-selling master-planned communities in the nation, it increased sales by 80 percent and is now the No. 2 top-selling community in Texas.
Esteemed real estate consulting firms John Burns Real Estate Consulting and Robert Charles Lesser & Co. (RCLCO) annually publish lists of the top-selling master-planned communities in the nation, ranking them based on home sales the previous year. Balmoral achieved the No. 11 spot on the John Burns list and No. 12 on the RCLCO report. Our builders sold an astonishing 841 homes last year. By comparison, home buyers purchased 467 homes in 2019.
The top driver of home sales was historically low interest rates followed by demographics and the desire of many home buyers to live in communities offering a roster of outdoor activities as well as hike-and-bike trails, pools, parks and green spaces in which to socialize.
Balmoral provides residents with a plethora of ways to enjoy the outdoors, including our centerpiece 2-acre Crystal Lagoons® amenity. Our expansive Amenity Village has won numerous awards, including being named the 2020 Master-Planned Community Amenity of the Year in the recent Greater Houston Builders Association’s Houston’s Best PRISM Awards and Best Community Amenity during the 2020 Texas Association of Builder’s Texas Star Awards. In 2019, we took home the trophy for Recreation Center of the Year at the 2019 Houston’s Best PRISM Awards.
During the year, residents can lounge on either of our two white-sand beaches while children pay at the kids cove. Overlooking the lagoon is an infinity-edge pool. Other outdoor amenities include a food truck courtyard, hammock park, playground and splash pad.
Balmoral was not the only Land Tejas community to make the top-selling lists. Sierra Vista — which has announced plans to build its own lagoon — was ranked at No. 43 by John Burns and No. 45 by RCLCO.
We thank our new residents for trusting us to provide an outstanding lifestyle. If you want to make the move to a top-selling community, visit us today.