Parc at Midtown Named Fastest-Selling New "Attached Subdivision" in Houston
HOUSTON, Aug. 22, 2016 /PRNewswire/ -- Parc at Midtown by Surge Homes® was recognized as the fastest-selling "attached new residential subdivision" in all of Harris County by Meyers Research LLC based on the average monthly sales of each community since its specific launch date. The "attached" category comprises every new home subdivision offering condominiums (including mid-rise and high-rise) and attached townhomes in the County.
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Meyers Research monitors residential development across the U.S., and rankings include master-planned and smaller communities, whether they are located in the inner city or the suburbs. Since its launch in March 2016, Parc at Midtown systematically has been in the top five fastest-selling new communities in all of Houston and continues to dominate the Inner Loop market. Maintaining this position is significant because Houston is made up of more than 848 communities in a highly competitive market this is ranked the second largest market in new home starts and sales in the U.S.
"It is certainly an honor to be part of this list with other well-respected, nationwide homebuilders, many of which are quoted on the stock market," said Louis Conrad, co-owner of Surge Homes. "We are thrilled that our large investment in market research allowed us to be first on the market with innovative, urban homes offered by no one else. The success of this community just confirms what everyone knows: Midtown, located just four blocks west of downtown, is one of the most sought-after neighborhoods in the city."
In just five months, Parc at Midtown has sold 72 percent of its condominiums and 58 percent of the entire community, which includes townhomes. "We are literally selling at twice the pace we anticipated," said Ben Lemieux, co-owner of Surge Homes. "What makes us the happiest is that we are currently building the entire development and the project will come alive in 2017 when homes are delivered. We thank our banker, Amegy Bank, who believed in our vision a year before the obvious success and made it possible for us to bring new, quality homes at an affordable price to this prime neighborhood. We could not have done it without them," adds Lemieux.
The company's website offers a peek into what's to come from Surge Homes. With 10 Inner Loop communities, eight on the horizon, the founders say this is just the beginning. Interested parties can register with Surge Homes to stay up-to-date with new developments, innovations and news.
About Surge Homes
Surge Homes® is a Houston-based residential real estate developer and builder committed to providing brand new homes in nine communities that feature stunning architecture and cutting-edge interior designs in and around Houston's urban core. From land development and construction to sales and marketing, Surge Homes® is involved in every aspect of creating these new homes, located in the most desirable inner city areas. Louis Conrad and Ben Lemieux, co-owners, and David Modlin, vice president of development and construction, each bring more than 27 years of experience in real estate development, management and consulting, and their previous developments total more than 4,000 homes and include master-planned communities, houses and condominiums throughout the U.S. and Canada. www.surgehomes.com
Contact: Kim Antley
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SOURCE Surge Homes
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