In the first six months of 2017, Eastmark has sold 502 new homes, the same number previously sold in all of 2016. Home sales have been averaging 82 per month, double the monthly rate in 2016, earning it the number 6 spot among the top 20 best-selling master-planned communities in the nation according to real estate advisory firm RCLCO (Robert Charles Lesser & Company) Mid-Year Report released July 6, 2017.
This is the third year in a row Eastmark has been ranked #1 in Arizona on the prestigious RCLCO list. With more than 500 total homes sold each of the last two years, Eastmark finished #7 nationally in 2015 and #11 in 2016.
“In the competitive Phoenix East Valley market, Eastmark stands apart because of its high quality, connected living,” says Dea McDonald, General Manager for Eastmark and Senior Vice President for DMB Associates, Inc. “Our plan and design for Eastmark is thoughtful and deliberately flexible so we can grow organically to respond and deliver to the needs of the marketplace and to our homeowners over time.”
Eastmark attributes its success to its location within one of the best-selling zip codes in the Phoenix area, among other factors. New home permits in Mesa surpassed the City of Phoenix for the top spot in May, according to Home Builders Association of Central Arizona. In addition, the 2017 sales pace for Eastmark represents a healthy growth in the Phoenix East Valley economy. The acceleration of new Eastmark neighborhoods, amenities and businesses in the community is also attractive to buyers.
“As we enter our 5th year, Eastmark currently offers 16 residential neighborhoods by 11 builders and will be adding four more neighborhoods by the end of 2017. This is our widest selection of home options to date, and homebuyers have an excellent opportunity to find the best home size, style, floorplan and value to fit their lifestyle,” says Garilyn Bourgeois, Director of Marketing for Eastmark.
In the coming months, a new phase will be introduced that includes a gated neighborhood by David Weekly Homes and new design options from Taylor Morrison and Woodside Homes. CalAtlantic will also be offering smaller, yet spacious homes in the Inspirian Park neighborhood, rounding out this intimate, park-side living opportunity that already includes Pinnacle West Homes and Ashton Woods.
This past April Eastmark’s first restaurant, Handlebar Diner, opened and has quickly become the community’s gathering spot. Already home to two of the nation’s top-ranked charter schools, a preschool is in development to open in late 2017; this July the community welcomed its first church. Other retail and civic uses are expected to be announced in the near future.
“People choose Eastmark because they want to live where they can engage and connect with neighbors within the borders of our community,” said Suzanne Walden-Wells, Director of Community Life for Eastmark. “Our growing amenities and programs calendar provides just that. For example, The Bus Stop, offers one-of-a-kind family fun from the comforts of a retrofitted bus for seating. And Eastmark neighbors recently celebrated July 4th with our community’s unique traditions including patriotic flag display, community parade, pancakes, and a country rock concert with fireworks show at The Eastmark Great Park.”