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David Weekley Homes furthers Phoenix homebuilding push

Builder plans nearly 400 homes in Soleo, acquires land elsewhere

Houston-based David Weekley Homes opened sales on two villages within Soleo, a 473-acre master-planned community. (David Weekley Homes)
Houston-based David Weekley Homes opened sales on two villages within Soleo, a 473-acre master-planned community. (David Weekley Homes)

David Weekley Homes has launched sales for two new communities at an active master-planned community in southeast Phoenix.

The Houston-based builder opened sales for nearly 200 homes across two villages within Soleo, a 473-acre development in San Tan Valley.

The villages — the 83-home Alston and the 115-home Tavolo — join two other David Weekley Soleo communities in Soleo: Artesa and Tamber. Sales for those projects began in late August.

It's not the only new Arizona development for the builder. The firm has also snapped up additional land nearby for its latest housing project near Phoenix.

New sales slated to launch soon in San Tan Valley

Collectively, David Weekley plans 387 total homes within the San Tan Valley master-planned community.

Across the four new developments, prices range from around $440,000 up to $730,000. Mark Weber, division president in Phoenix for David Weekley, told Homes.com that quick move-in homes are expected to be available in December.

"We've been encouraged by the continued resilience of the Phoenix market, with traffic levels reflecting relatively normal seasonal patterns," Weber said in a statement to Homes.com.

David Weekley's activity in Soleo comes on the heels of Canadian builder Mattamy Homes acquiring 28 acres to build a new 115-home village within the community. A 15-acre grand park is the centerpiece for Soleo. It includes a 2-acre lake, sports fields, an outdoor pool, a boulder climbing wall and more.

The average home value in San Tan Valley is $451,499 as of September, according to Homes.com data.

Builder buys land in Gilbert

David Weekley continues its building push throughout Phoenix, with the builder recently acquiring more than 42 acres in nearby Gilbert.

The builder paid $26.25 million for the land, located at 2503 E. Woodside Way and minutes away from the Loop 202 freeway, according to Homes.com's commercial real estate data affiliate CoStar.

In a statement to Homes.com, Weber confirmed the land acquisition for a new community that will be called "Somerset" but added "nothing is available at this time" for details such as pricing and a construction timeline.

The Houston-based company is the nation's No. 16 builder, with 6,311 total closings in 2024, according to Builder Magazine.

Writer
Ron Davis

Ron Davis is a staff writer for Homes.com, focusing on Phoenix's housing market. With extensive experience in business reporting, he covers economic development and real estate in Arizona and New Mexico. Originally from Chicagoland, Ron has a journalism degree from the University of Missouri and is currently house hunting for his family.

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