FOR IMMEDIATE RELEASE:
Aug. 14, 2019
Cordillera Ranch Reports Stellar 2019 Mid-Year Market Report
Texas Hill Country’s Premier Luxury Community on Pace for Another Record Year
(BOERNE, Texas) – Cordillera Ranch – the premier private club and community northwest of San Antonio – has enjoyed exceptional 2019 sales to date as the community trends toward another record-breaking year.
With historically low levels of inventory, Cordillera Ranch anticipates continued demand through the remainder of 2019. The gated, 8,700-acre luxury neighborhood has achieved more than $400 million in real estate activity the past four years.
Highlights from January through July 31, 2019 include:
- 34 homes sold totaling $39.6 million, versus 30 homes sold totaling $31.5 million for the same period in 2018
- A nine percent increase in average sale price over 2018
- Cordillera Ranch Realty has participated in 58% of all home transactions (20 of 34 sales)
- Tight supply with less than four percent of homes at Cordillera Ranch are on the market (30 out of nearly 800 homes available)
“Real estate sales in Cordillera Ranch in 2019 continue to flourish and dispel national forecasts of a stagnant luxury real estate market,” says Charlie Hill, president and chief operating officer for DH Investments, developer of Cordillera Ranch. “The community’s consistent growth and stability continues to attract discerning buyers searching for their perfect luxury enclave.”
Cordillera Ranch has earned a reputation as one of the country’s finest upscale communities. Nearly 800 homes are completed (and more than 1,200 lot sales) in the community. At final build-out, Cordillera Ranch will total approximately 2,500 homes and preserve 80% of the land in its natural state.
In 2019, the community unveiled several new or updated amenities for its members. The Golf Performance Center at Cordillera Ranch opened earlier this year and offers two hitting bays, each boasting a Flightscope Launch Monitor and three-camera system. The Golf Performance Center at Cordillera Ranch also is one of the few facilities in Texas to feature the Swing Catalyst 3D Motion Plate.
The club’s fitness center was recently renovated, complete with a reconfiguration of the facility, new program offerings and updated exercise equipment. The Vista Office and Visitor Center, housing the offices of Cordillera Ranch Realty, DH Investment Company, Pasadera Builders and the Cordillera Ranch POA administration, also recently opened.
Additionally, the community is constructing the Lodges at Cordillera Ranch, boutique onsite accommodations for property owners and club members’ guests. The first phase of Lodges will include two units with a total of 10 available rooms and is scheduled for completion later this summer.
Cordillera Ranch’s seven on-site, resort-style amenity clubs – Golf, Tennis and Swim, Spa and Athletic, Social, Rod and Gun, Equestrian and River – are all available under one membership. This trailblazing model continues to attract a wide array of buyers from throughout Texas and the United States. The Cordillera Ranch clubhouse was recently named the Most Beautiful Clubhouse in Texas by Architectural Digest. Community honors continue to roll in as well, as Where to Retire Magazine named Cordillera Ranch one of the “50 Best Master-Planned Communities in the U.S.,” and San Antonio Magazine tabbed it one of the best neighborhoods in the area.
For more information: www.cordilleraranch.com, 888.66.RANCH.
About Cordillera Ranch
Cordillera Ranch is an 8,700-acre master-planned residential community located north of San Antonio in the Texas Hill Country. It offers residents on-site recreational activities and boasts 0.25-acre villas, one- to 10-plus acre estates, including valley view, golf course, Guadalupe River frontage and hilltop home sites.
Residents of the gated community can join The Clubs of Cordillera Ranch, featuring seven resort-style clubs in one location – The Golf Club, The Social Club, The Tennis and Swim Club, The Equestrian Club, The Rod and Gun Club, The Spa and Athletic Club and The River Club. Cordillera Ranch is undertaken by Cordillera Ranch Development Corp., a subsidiary of Texas-based DH Investment Company.
For families with school-aged kids, the community is situated in the prestigious Boerne Independent School District. Newsweek recently ranked both Boerne ISD high schools among the top 3 percent in the country. Also, an education analysis group listed five Boerne ISD elementary schools among the eight best in the San Antonio area, including the top four spots.
And then there’s San Antonio – recently ranked 10th in the Milken Institute’s “Best Performing Cities” list, which evaluates small and large cities by tracking job growth, wage and salary growth, and the size and concentration of high-tech industry. Also, the U.S. Census Bureau recently tabbed Boerne as one of the fastest-growing areas in the country.