Teravista Again One of Top 50 Communities in U.S.
Monday, January 19, 2015
Once again, Teravista ranks as one of the Top 50 U.S. communities for new-home sales, according to a just-released report by John Burns Real Estate Consulting.
With 241 new homes sold in 2014, Teravista ranked No. 44 nationwide. Teravista was one of only two Austin communities to make the Top 50, although Texas dominated the list, with 20 of the top-selling developments.
Teravista sales were down just a tad in 2014, compared to 2013, with a difference of just 8 sales. Much of that can be accounted to the fact that 2013 was a momentous year for Teravista, with the grand opening of the new phase north of Westinghouse Road, highlighted by the new Model Home Village and The Club at Wildflower Park recreational amenity.
Already, 2015 is shaping up to be another exciting year for Teravista, with several new model homes planned to open in the Model Home Village, new parks and trails on the way, and a new onsite Georgetown ISD elementary school opening in August.
Teravista was one of three Newland Communities developments on the Top 50 list. The others were Cinco Ranch and Eagle Springs, both in the Houston area.
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