Riverstone Proves Popular with 2011 Home Buyers

November 21, 2011

As one of the top master-planned communities in the nation, Riverstone is going strong after 10 years of development.

The Fort Bend community has posted record-breaking sales this year, with 2011 sales of new homes increasing 35 percent over last year.

“This year’s sales were fueled by a surge of activity this summer, especially when compared to last summer,” said Tom Wilcox, general manager of Riverstone. “Summer sales rose 155 percent as buyers took advantage of historically low interest rates and found Riverstone to be the community they desire.”

Metrostudy ranked Riverstone 16^th in its list of top-selling U.S. master-planned communities this year, the development’s first time on the national list. Riverstone has consistently ranked among the top 10 master-planned communities in Houston.

A project of The Johnson Development Corp., Riverstone opened in 2001 and recorded its first sale in September of that year. Now, a decade later, builders have started more than 1,760 homes and closed more than 1,640. More than 5,000 residents now call Riverstone home.

“What a decade it has been,” Wilcox said. “We’ve really seen this community grow and prosper and we anticipate continued success.”

Riverstone is ending 2011 with a 42-inch plasma TV giveaway. Visitors can register for the drawing between Thanksgiving and Dec. 15 when visiting the Riverstone Information Center.

Riverstone offers homes from the $210,000s to the millions from well-known national and regional builders: Ashton Woods Homes, Coventry Homes, Darling Homes, David Weekley Homes, Highland Homes, The Manors by Westport (townhomes and patio homes), Meritage Homes, Newmark Homes, Partners in Building, Perry Homes, Toll Brothers, Trendmaker Homes and Westin Homes. Custom builders include Christopher Sims Custom Homes, Lespreance Construction, Peterson Homebuilders, Sterling Classic Homes and Westport. Builders have more than 20 homes available for immediate move-in.

Riverstone is located on Highway 6, three miles south of U.S. 59, and offers easy access to several major thoroughfares, including the Fort Bend Parkway. Abundant dining and shopping choices are just minutes away, including First Colony’s booming Town Center.