Mariposa Second Highest Selling Master-Planned Community in State

Mariposa Second Highest Selling Master-Planned Community in State

Posted on January 17, 2020

Real estate and development company Harvard Investments is delighted to announce Metrostudy ranked Mariposa, Rio Rancho’s premier master-planned community, as the second top-selling community in the entire state of New Mexico. Metrostudy maintains the nation’s most comprehensive database of housing market information and reports on the most accurate market data on active and future construction in the industry. Metrostudy additionally ranked Mariposa as the number one selling master-planned community in Rio Rancho.

The Metro Study Q32019 report data holds Mariposa at the number two spot, maintaining that spot from 3Q2018 and moving up from the number four spot in the 3Q2017 report.

“This is terrific news that clearly proves Mariposa meets the sophisticated preferences of current home buyers, providing them with a unique and desirable multigenerational lifestyle option,” said Tim Brislin, Vice President of Harvard Investments. “Nationwide, home buyers are drawn to communities with connectivity and tech-friendly, amenity-wise living spaces. Locally individuals and families indicate Mariposa fulfills what they’ve been unable to find elsewhere in the area.”

According to the Metrostudy Q32019 report, top-selling home sales are as follows:

  1. Mirehaven, Albuquerque
  2. Mariposa, Rio Rancho
  3. Petroglyph Estates, Albuquerque
  4. Lomas Encantada, Rio Rancho
  5. Las Soleras, Santa Fe
  6. Trails, Albuquerque
  7. Enchanted Hills, Rio Rancho
  8. Desert Sands, Albuquerque
  9. Milagro Mesa, Rio Rancho
  10. Los Diamantes, Albuquerque

Mirehaven reported 164 net sales and Mariposa confirmed 118 sales at year end.

Brislin explained the community’s cohesive concept and amenities that enhance living at various stages of life make Mariposa desirable across numerous demographic groups, particularly millennials families and active adult empty nesters. Both groups cite Mariposa’s incredible trail system – with miles of hiking and biking trails, and its location in Rio Rancho –  close enough for convenience, yet nestled in the foothills to create a sense of exclusivity and peace – as top amenities. Added benefits of Mariposa include the safety of Rio Rancho, top-performing nearby schools and an onsite lifestyle director focused on fostering a sense of community that quickly turns neighbors into friends.

“Mariposa offers an indoor/outdoor setting with a multigenerational aspect that is unique to New Mexico,” Brislin said. “There’s a lot of opportunity in this community to continue to attract and expand our demographics and type of homes we can provide.”

Further consumer demand for Mariposa is expected to increase as similarly demographic-targeted master-planned communities sell out. The presence of family demographics attracted to safety and exceptional school systems is a strong indicator of continued growth as well. Plus, Mariposa is attainable for many families, with homes starting at about $250,000.

Brislin added that Mariposa’s unmatched amenities, together with the New Mexico’s mild climate and natural beauty, make the community a top draw for existing residents and new transplants.

“Whether it’s enjoying a neighborhood star gazing party or river rafting trip, swimming laps in the indoor or outdoor pool, playing with kids or grandkids on the playgrounds or getting away from it all on the plethora of trails that wind through the community, Mariposa offers lifestyle options for those eager to get out and enjoy life with those they love,” Brislin said. “It’s clearly a special place that you can’t find anywhere else.”

Mariposa features custom homes and home sites with five current builders, including:

Find out more about Mariposa and what makes it the premier residential project in New Mexico by visiting https://liveinmariposa.com/

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