Stanley Martin Homes has made a significant impact on the central Virginia housing market since its entry in 2014. Starting with single-family lots in three communities, the builder recorded its first area home sales in 2015. Since then, Stanley Martin Homes has expanded its footprint across the metropolitan Richmond area, offering a diverse array of housing options.A key differentiator for Stanley Martin Homes has been its role in introducing the two-over-two condominium product in the area. This strategy has clearly resonated with homebuyers, as condominiums made up 58% of the builder’s total sales in 2024. With 234 units sold, the company emerged as the leading condominium builder in the region, capturing an impressive 51% market share. Additionally, Stanley Martin Homes secured 9% of the townhouse market with 114 sales.In 2024, Stanley Martin Homes solidified its position as one of the most active homebuilders in greater Richmond area. The company recorded 404 new home sales across seven communities, securing a 9% share of the local market. Among its developments, Retreat at One stood out as the most successful, with 128 homes sold during the year.With several new projects on the horizon, Stanley Martin Homes is well-positioned for sustained success in the local market. Notable among its upcoming developments are Rockwood Square, which will bring more than 300 condominiums and townhomes to the region, and Gayton Village, projected to add 100 new condominium units.