While news headlines in August continue to declare sluggish new home sales figures in the Metro Phoenix market, one new Fulton Homes’ community in Gilbert is experiencing just the opposite.
As of Aug. 25, the Tempe-based homebuilder has sold 20 homes and has hit $15 million in sales at its Legacy at Freeman Farms community—and the models are not even open yet. Legacy’s single-level, 105-homesite community features floor plans ranging from 3,800 to 6,600 square feet, with 11-bedroom and six-bath options. Basements, a rarity in the Valley, are also. Price points begin at $575,000, some $300,000 more than the current average median price of a new home in Phoenix.
Homebuyer interest in Legacy has even outpaced that of past Fulton Homes’ communities, including the popular Fulton Ranch community in Chandler which opened in October 2006.
“We have been astounded by the enormous interest in Legacy,” said Doug Fulton, CEO of Fulton Homes. “These are among the largest homes we have even built. We are offering a luxury product with increased square footage, more bedroom space and room for vehicles, boats and storage to meet the demand of our customers. The sales spike even before the models open is a testament to both the quality homes we build and our awareness of what our customers are now looking for in a larger, modernized home.”
Located on S. Greenfield Road, Legacy will also feature swing-in motor courts, open spaces, ramadas, basketball and bocce ball courts, horseshoe pits and a shaded tot lot. Legacy is located near San Tan Mall and other amenities.
For further information, call 602-452-1000 or visit www.fultonhomes.com.