Top 10: Palm Beach County’s busiest new home developments have little for middle-class families


Valencia

For those who fret about the affordability of homes in Palm Beach County, the new-home market offers no sign of relief. The four busiest developments in 2015 catered either to retirees or to high-end buyers.

The list above, compiled by Metrostudy, shows the 10 most active single-family developments in South Florida and the Treasure Coast, ranked by housing starts in 2015.

In the top spot with 324 starts is Valencia Cove, GL Homes’ 55-and-older community in Boynton Beach. Ansca Homes’ Villaggio Reserve, a 55-and-older development in Delray Beach, was the second-busiest community in Palm Beach County.

Next up is Seven Bridges, GL Homes’ high-end development west of Delray Beach. Prices there start at $700,000. Rounding out the Palm Beach County list is GL Homes’ Tuscany, also in west Delray. Prices start at $400,000.

The median price of an existing house sold in Palm Beach County in February was $295,000. Palm Beach County’s wages, while high for Florida, remain below the national average.

valencia Home construction

Construction at Valencia Cove.

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