Toll Brothers recently opened sales for homes in Lyondale Meadows in Newtown. The developer found overwhelming demand for the homes — receiving 21 deposits for 45 available homes in the first week — and shut down sales temporarily. Lyondale Meadows, located just north of Newtown Township's municipal offices, has a starting price point of $1.6 million for homes ranging in size from 3,520 to 5,000 square feet, and buyers were choosing options on the customizable homes that pushed prices to $2 million. The prices are higher than Toll is asking at other Philadelphia-area projects and exceed the $974,000 average home price Toll Brothers reported in its fiscal third quarter report and the $1.06 million average for new contracts in the North region for the same period. From May through July, Toll reported revenue of almost $2.9 billion on 2,959 homes, the most ever for a third quarter in company history.
Source: Philadelphia Business Journal; 8/7/2025 & 8/27/2025