Print
Real Estate - Residential

Reports: Brunswick Forest Ranks Among Top 50 Of Its Kind

By Christina Haley O'Neal, posted Jan 12, 2018
Brunswick Forest, a master-planned community in Leland, has been ranked among the top in the nation. (Photo courtesy of Brunswick Forest)
Brunswick Forest has been named among the top 50 master-planned communities in the nation, according to recent reports by two national real estate research and consulting firms.

The 4.500-acre master-planned community in Leland ranked No. 32 in a report by RCLCO and No. 33 on a list by John Burns Real Estate Consulting, community officials said in a news release.

Brunswick Forest, by developer Brunswick Forest Realty LLC, was the only master-planned community in coastal North Carolina to make the lists and one of two statewide, according to the release.

“We have consistently experienced record growth, year after year,” Jerry Helms, vice president of sales for Brunswick Forest, said in the release. “Quite simply, our strategy is to deliver precisely what people desire in a home and community, and to offer that across a range of sizes, styles and price point.”

John Burns Real Estate Consulting's report ranked Berewick, a master-planned community in Charlotte developed by Pappas Properties, at No. 38. The Charlotte community was also ranked No. 37 by RCLCO.

The John Burns' master-planned community report reported Brunswick had 395 in net sales in 2017, up from 386 in 2016, a 2 percent average growth year-over-year.

That same report indicates that the Southeast’s share in the ranking remains low at 6 percent, but increased from 4 percent a year ago with both Brunswick Forest and Berewick making the cut this year. Charleston, South Carolina's Cane Bay Plantation also made that list for the nation's Southeast at No. 13.

Sales in master-planned communities surged in 2017, John Burns Real Estate officials said in a newsletter.

The top 50 "masterplan" communities combined had 27,580 homes sold, reflecting a 17 percent year-over-year increase from 2016, as well as a combined sales figure representing about 4.5 percent of all new home sales in the nation in 2017, John Burns officials said.

The RCLCO report pointed to “an adequate supply of moderately priced homes targeting the largest market audiences” as key to achieving strong sales, officials said.

“While unquestionably a beautiful, amenity-rich community, Brunswick Forest is affordable for many income levels. It has been intentionally designed to appeal to a variety of people for a variety of reasons," Helms explained in the release.

RCLCO also reported optimistic outlooks for 2018, with sales expected to stay on pace or increase. RCLCO has conducted a national survey identifying the top-selling master-planned communities every year since 1994.
Ico insights

INSIGHTS

SPONSORS' CONTENT
Dave hoff heashot 300x300

Learning Agility: The Key to Leader Potential

Dave Hoff - EASI Consult
Chris coudriet headshot 300x300 10211545555

Advancing Our Success into 2018

Chris Coudriet - New Hanover County Government
Chadwoutersheadshot

With Reform Comes New Deductions for Owners of Pass Throughs

Chad Wouters - Earney & Company, LLP

Trending News

Organic Grocer Earth Fare Coming To Wilmington

Cece Nunn - Jan 19, 2018

Local Screen Printing Shop Gets New Owners, Plans To Relocate

Christina Haley O'Neal - Jan 19, 2018

New Office Condo Fully Leased; Includes Stevens Fine Homes Design Center

Cece Nunn - Jan 19, 2018

BCC, UNCW Construct Allied Health Facilities To Meet Demand

Christina Haley O'Neal - Jan 18, 2018

Lifeline Treatment Center Expanding With Oleander Drive Lease

Cece Nunn - Jan 18, 2018

In The Current Issue

True Blue Owner To Blend New, Traditional

Bobby Zimmerman has been thinking about opening his own restaurant for years. When the former Pembroke’s space opened in The Forum, he had w...


MADE: Making Inroads In A Medical Market

MADE in the Cape Fear: spotlighting goods manufactured in Southeastern North Carolina. Leland-based Lucid Innovative Technologies makes medi...


Economic Development Goals On Deck

The Greater Wilmington Business Journal surveyed local economic development groups for updates on their activities....

Book On Business

The 2017 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

WilmingtonBiz Expo - Keynote Lunch with John Gizdic, CEO, New Hanover Regional Medical Center
Wilmington's Most Intriguing People of 2017
2017 Health Care Heroes