Lakewood Ranch has been recognized as the best-selling, master-planned multi-generational community in the country by John Burns and RCLCO, 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 a release, 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. Also attractive to buyers is Lakewood Ranch’s status as a job center, with more than 4 million square feet of commercial real estate in place and entitlements for up to 14 million. There are more than 1,350 businesses in diverse sectors such as biomedical, technology, insurance, and education.