Riverstone Marks Substantial 2011 Sales Increase

September 20, 2011

Riverstone has seen record-breaking sales this year, with 2011 sales of new homes increasing 35 percent over last year.

Builders sold 207 homes in Riverstone through Sept. 4, an increase of 54 homes from the 153 sold through Sept. 5, 2010.

Construction starts of new homes also are on the rise from last year, with 173 homes started to date in 2011 compared to 153 starts during the same time period last year, an increase of 13 percent.

Much of this year’s sales and building activity has occurred since the end of May, with 87 homes sold (42 percent of year-to-date total sales) and 63 homes started (36 percent of year-to-date total starts).

In comparison, only 34 homes sold in Riverstone from the end of May 2010 through Sept. 5, 2010, and 54 homes started construction.

“We have really seen a surge of activity this summer, especially compared to last summer,” said Tom Wilcox, general manager of Riverstone. “Summer sales are up 155 percent this year. Those are sales numbers to celebrate.”

For more information, visit www.riverstone.com.