Master-Planned Community – Large-scale developments with 1,000 or more units planned.
Community – Developments not hitting the 1,000-mark threshold.
Large in scale, MPCs span hundreds (if not thousands) of acres and are amenity-rich. These communities are characterized by a variety of recreational amenities such as trails, community centers, golf courses, and open space. Ownership is also an important criteria in determining an MPC. We’ve limited our dataset to MPCs to a single land owner, which might be a developer or joint venture (that includes multiple builder entities). By this definition, we’ve excluded some Specific Plans where ownership includes a mix of developers, joint ventures, and builders.
Tracking MPC Supply
Our goal in researching master plans is to provide more insight on future supply. Here is how we are doing that with this new release with the following metrics.
Unsold Developer Units – We’ve also quantified the number of unsold future units held by the developer. These units are yet accounted for by an active or upcoming project in our database. This will provide a gauge of supply in a particular market.
Unsold Builder Units – Through our Project data, we are summarizing the number of Unsold Builder Units at actively-selling Projects. This metric represents the supply that is currently being marketed and sold by Builders within the master plan.
We’re pleased we could bring more clarity and consistency to your Zonda experience. Thank you for checking out the updates. Get in touch to schedule a Zonda demo of the new features.