Builder Profile • New Construction Homes
Toll Brothers
America’s Luxury Home Builder
Toll Brothers had the best year in its history in fiscal 2025: 11,292 homes delivered at an average price of $960,000, generating a record $10.8 billion in home sales. Read that average price again — it’s roughly two and a half times what the big volume builders charge, and it tells you everything about where Toll operates. Since brothers Bob and Bruce Toll founded the company in 1967, it has occupied one position in American homebuilding: the top of the production market, where personalization meets scale.
The phrase Toll uses internally is ‘high-volume production of highly personalized homes,’ and it’s an accurate description of the trick they pull off. Buyers get genuine architectural choice — structural options, elevations, hundreds of design studio selections — inside a production framework that keeps builds predictable. The result won a distinction no other builder can claim: the number-one homebuilder on Fortune’s World’s Most Admired Companies list for 2026.
Toll’s buyer base is a story in itself. In fiscal 2025, a full 25% of its buyers paid entirely in cash, and those who financed borrowed an average of just 69% of the purchase price. That affluence insulates Toll’s Florida communities from rate swings that batter entry-level markets — which is why its gated Palm Beach and Treasure Coast neighborhoods kept selling through conditions that stalled competitors.
Toll Brothers by the Numbers
Deliveries hit an all-time high in fiscal 2025, and the way Toll’s buyers pay explains the resilience — a quarter of them never touch a mortgage:
Company-reported deliveries, fiscal years ending October 31; five-year total of 52,203 per SEC filings.
Share of fiscal 2025 buyers paying entirely in cash, per company reporting.
The Toll Brothers Approach
A Toll community announces itself before you reach the gate: dramatic entries, architecture with actual variation, lot sizes the volume builders stopped offering years ago. Inside, the design studio process is the main event — buyers routinely invest six figures in options and upgrades, tailoring everything from structural layouts to finish packages. Florida homes are built to current code with impact protection as a baseline, and the company’s own mortgage, title and smart-home subsidiaries keep the process under one roof. Build timelines run longer than spec builders’; Toll buyers are generally planning a move, not racing one.
Where Toll Brothers Builds in South Florida
Toll anchors the luxury tier across Palm Beach County and the Treasure Coast — these are markets where we track their communities:
Palm Beach County • Signature luxury
Toll’s Boca communities pair its signature architecture with an address that needs no introduction — gated, distinct and impeccably finished.
North county • Coastal move-up
In one of Palm Beach County’s most desirable coastal towns, Toll serves the move-up and luxury buyers the area naturally attracts.
Broward • Family luxury
Large-lot gated communities in Broward’s premier family city, where Toll’s product matches the school-driven, space-hungry demand.
Treasure Coast • Barrier island tier
Setting the benchmark for move-up and luxury new construction on a coast where Toll’s buyer profile is right at home.
Why Buyers Choose Toll Brothers
Record FY2025 Deliveries
Deep Personalization
Gated Luxury Standard
4th Largest by Revenue
Toll is the answer when the budget allows and the standards are non-negotiable. Buyers trade a longer timeline and a higher number for architecture with presence, genuine input into their home, and communities that hold their standing decades on. In Florida’s luxury corridors, the brand functions almost as shorthand — and the resale market treats it that way too.
