Miller & Smith Announces 33% Increase In Home Sales For Fiscal Year 2012
MCLEAN, Va., Oct. 5, 2012 /PRNewswire/ -- Miller & Smith, an award-winning homebuilder and real estate development company, today reports its best home sales in seven years, selling 375 homes in FY 2012. These figures represent a 33% increase over FY 2011, when the homebuilder sold 283 homes.
"We ended fiscal '12 selling more than one home per day, making this our third best sales year in the last decade," said Dale Hall, Vice President of Operations, Miller & Smith. "The coming year promises to be another strong one for us, with a range of new community openings and land deals slated for FY 2013."
Miller & Smith currently offers more than 28 home designs in communities throughout Virginia, Maryland and Delaware. Its top-selling homes this year were in Brambleton, which achieved 33% of Miller & Smith's sales and was one of the best-selling master planned communities in the country; Madison Crest; and Victory Lakes, which has now sold out after over 10 years of stellar sales. Home collections are also available in communities like Maple Lawn, Gallery Park, The Orchard at New Market, and The Peninsula, with new communities coming online soon at One Loudoun and Crescent Row at Madison Crescent, both debuting in early 2013.
About Miller & Smith:
Founded in 1964, Miller & Smith is a privately owned builder and developer who is active in both residential and commercial real estate and has earned a reputation for creating innovative and imaginative homes and communities. One of the largest private homebuilders in the Washington, DC metropolitan region, Miller & Smith has built more than 5,250 single family homes, 8,600 townhomes, and 2,100 condominiums and developed 12,500 home sites in 90 communities throughout Maryland, Virginia and Delaware and is headquartered in McLean, Virginia. For more information about Miller & Smith, visit www.millerandsmith.com or call (301) 725-8934. Follow Miller & Smith on Facebook and Twitter.
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SOURCE Miller & Smith