As the summer wears on, Stock soars.
The Naples builder posted strong sales in July across its communities in Southwest Florida, adding on to a 2013 that has seen a 75% increase in sales volume over the previous year. Compared to July 2012, the company’s sales revenue has increased a staggering 133%. In the same timeframe, their number of contracts increased by around 89%, according to Brian Stock, CEO of Stock Development.
The builder has already far surpassed its 2012 sales – so far this year, Stock has recorded 371 sales worth a total of $217.5 million, a 75% increase from last year. Operating in Collier and Lee counties, Stock has homes in nine communities and is one of the most popular builders in the area.
However, they aren’t the only ones with skyrocketing sales.
After July 2012 gave Neal Communities 44 new homes sales, the Lakewood Ranch-based builder boosted those numbers a year later – this July gave them 73 sales, a 66% increase over the 12-month period, and is a continuance of their record-breaking 2013.
“We are seeing a growing trend of a year-round real estate market in Southwest Florida and cash buyers who don’t have to wait on the banks to finalize their purchase,” said Neal Communities Director of Sales David Hunihan. “No longer are the days of a major slowdown in the summer months as buyers now are taking advantage of favorable market conditions that may not last, and our great variety of products — including inventory homes that are available immediately.”
Ranked the #1 builder locally by Metrostudy, Neal Communities has sold homes in many neighborhoods throughout the area, including tacking up 9 sales in Villa Palmeras in Estero.
The company was also listed on “America’s Best Builders” by Builder Magazine in 2012, constructing more than 9,000 homes in Southwest Florida to date.