With family and friends nearby, active adults shun the Sun Belt and just stay put.
By Pat Curry
Top Trends
More treadmills, less mah jongg: The age of the active adult has decreased by 10 years, from 60-plus to 50-plus. Buyers want more fitness features, but fewer big sport amenities.
| 1 | PULTE CORP., Bloomfield Hills, Mich.* | 6,294 | 3,000 | 3,294 | 27% | $2,000,000,000 | ||
| 2 | WCI COMMUNITIES, Bonita Springs, Fla. | 1,700 | 284 | 1,416 | 85% | $950,000,000 | ||
| 3 | LENNAR, Miami. | 3,600 | 1,980 | 1,620 | 15% | $820,000,000 | ||
| 4 | THE VILLAGES,The Villages, Fla. | 2,074 | 2,074 | 0 | 100% | $401,508,000 | ||
| 5 | ROBSON COMMUNITIES, Sun Lakes, Ariz. | 1,114 | 1,114 | 0 | 100% | $273,443,618 | ||
| 6 | SHEA HOMES, Scottsdale, Ariz. | 1,209 | 709 | 500 | 22% | $257,000,000 | ||
| 7 | D.R. HORTON, Arlington, Texas | 1,200 | 500 | 700 | 3% | $240,000,000 | ||
| 8 | K. HOVNANIAN ENTERPRISES, Red Bank, N.J. | 750 | 14 | N/A | 11% | $199,803,000 | ||
| 9 | LEVITT AND SONS, Boca Raton, Fla. | 627 | 618 | N/A | 83% | $155,300,000 | ||
| 10 | WATERMARK LTD., Maumee, Ohio | 47 | 0 | 47 | 100% | $86,000,000 | ||
| 11 | SUNRISE COLONY CO., Las Vegas | 272 | 272 | 0 | 39% | $79,000,000 | ||
| 12 | TOLL BROTHERS, Huntingdon Valley, Pa. | 213 | 191 | 22 | 5% | $64,371,000 | ||
| 13 | VILLAGE HOMES OF COLORADO, Littleton, Colo. | 201 | 0 | 201 | 45% | $58,349,000 | ||
| 14 | CENTERLINE HOMES, Coral Spring, Fla. | 227 | 191 | 36 | 50% | $43,397,000 | ||
| 15 | THE KLAR ORGANIZATION, East Meadows, N.Y. | 275 | 75 | 140 | 30% | $38,000,000 | ||
| 16 | THE EPCON GROUP, Dublin, Ohio | 208 | N/A | N/A | 65% | $35,000,000 | ||
| 17 | IDI GROUP COS., Silver Spring, Md. | 150 | 115 | N/A | 100% | $32,000,000 | ||
| 18 | CONTINENTAL HOMES, Scottsdale, Ariz. | 184 | 184 | 0 | 12% | $28,000,000 | ||
| 19 | METROPOLITAN HOMES, Denver | 130 | 0 | 130 | 100% | $26,000,000 | ||
| 20 | FARNSWORTH DEVELOPMENT, Mesa, Ariz. | 142 | 142 | 0 | 100% | $22,298,271 | ||
| 21 | FLORIDA LEISURE COMMUNITIES, CORP., Lakeland, Fla. | 143 | 98 | 45 | 75% | $22,180,000 | ||
| 22 | THE MCKEE GROUP, Springfield, Pa. | 93 | 93 | 0 | 100% | $20,492,018 | ||
| 23 | RITZ CRAFT CORP., Mifflinburg, Pa. | 400 | 400 | 0 | 30% | $19,500,000 | ||
| 24 | BENCHMARK BUILDERS, Wilmington, Del. | 49 | 45 | 4 | 60% | $13,600,000 | ||
| 24 | THE ROTTLUND CO., Roseville, Minn. | 85 | 85 | 0 | 5% | $13,600,000 | ||
| 26 | ROGERS DEVELOPMENT CO., Loves Park, Ill. | 115 | 65 | 50 | 75% | $13,225,000 | ||
| 27 | HUGHES DEVELOPMENT, Mesa, Ariz. | 84 | 84 | 0 | 100% | $12,500,000 | ||
| 27 | JENSEN’S RESIDENTIAL COMMUNITIES, Southington, Conn. | 125 | 125 | 0 | 95% | $12,500,000 | ||
| 29 | SITTERLE HOMES, San Antonio | 41 | 41 | 0 | 47% | $10,466,166 | ||
| 30 | MARRANO/MARC EQUITY CORP., West Seneca, N.Y. | 40 | 38 | 2 | 20% | $6,160,000 | ||
*Figures include five months as a combined company with Del Webb Corp., headquartered in Phoenix.
Mature market: This list shows detached and attached units sold to age-qualified or age-targeted buyers. Units closed do not include congregate or assisted-living components.
BIG BUILDER Magazine, April 2002
