Stapleton remains Colorado’s top-selling new home community, claiming the 11th spot nationally last year with 622 sales, according to a ranking from John Burns Real Estate Consulting.
But home sales at Stapleton, which Forest City Enterprises has developed for two decades, are down 18 percent from the 758 sold in 2017. Stapleton’s sales volume has swung around based on the availability of lots. Last year represented a time of transition, with the Denver community opening up its 12th and final neighborhood this summer.
Green Valley Ranch, which regularly made the top 50 below Stapleton, didn’t make the cut on the John Burns’ list last year. But Banning Lewis Ranch in Colorado Springs shot up out of nowhere, with 342 sales, enough to rank 45th nationally.
Through October, Colorado Springs had the fourth fastest annual rate of job gains of any metro in the country at 5.4 percent, according to the U.S. Bureau of Labor Statistics.
Real estate firm RCLCO had Green Valley Ranch sales at 319 homes, down from 359 in 2017. Like Stapleton, Green Valley Ranch is mostly in Denver and approaching completion. Oakwood Homes is the builder behind both Green Valley Ranch and Banning Lewis Ranch.
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