Century Communities, Inc. (NYSE: CCS) has opened a new Century Complete community called Woodford in Thomasville, North Carolina, just outside Winston‑Salem. The development will feature move‑in‑ready homes priced in the high $200,000 range, targeting first‑time buyers and families seeking affordable entry‑level options.
Woodford is part of Century Communities’ broader strategy to grow its online sales platform and expand its presence in high‑demand markets. The company’s Century Complete brand focuses on spec‑built, move‑in‑ready homes that can be purchased online 24/7, a model that has proven attractive to buyers looking for convenience and speed.
The announcement comes on the heels of a strong Q3 2025 earnings release in which the company reported earnings per share of $1.52—an $0.66 beat over the consensus estimate of $0.86—and revenue of $980.28 million, up $74 million or 8% above the $906.10 million forecast. Adjusted homebuilding gross margin held at 20.1%, supported by a 3% reduction in construction costs and a 5% increase in community count, which helped offset rising incentive costs.
Management highlighted the operational gains that underpinned the results. Executive Chairman Dale Francescon noted that the company “performed well in a challenging environment” and that the high end of the delivery guidance was achieved with 2,486 homes delivered in the quarter. CEO Rob Francescon emphasized continued cost discipline, stating that the company’s margin improvement was driven by lower direct costs and disciplined spending on incentives.
Looking forward, Century Communities has guided for 10% annual home‑delivery growth in 2025 and 2026, with a full‑year 2025 delivery target of 10,000 to 10,250 homes. The company acknowledges headwinds such as elevated mortgage rates and affordability constraints, but also cites potential tailwinds from interest‑rate relief and improving consumer confidence. The addition of Woodford, along with a growing portfolio of communities, positions Century Communities to capture demand in the Carolinas and support its long‑term growth trajectory.
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