Stock Development's First Half Sales Strong
7/28/2011

Stock Development has released its first half sales report showing that strong seasonal new home sales at Lely Resort, Paseo, Black Bear Ridge and Secoya Reserve are continuing into the early summer months.

According to Brian Stock, CEO of Stock Development, through the end of June, the company netted 178 new home contracts with a sales volume of $76.6 million. This represents a 30 percent increase in sales volume over the same time last year.

“It has been exciting to see the that in June we netted 20 contracts worth $7.9 million and in the first days of July we are continuing this momentum with more homes sold,” said Stock. “Sales continue to be spread across all of our product lines and it has been encouraging to see that of our last 25 sales, nine of them have been multi-family homes, which are traditionally slower in the summer. Months.”

Stock attributed the strong multi-family sales to the company’s Fly-n-Buy Program at Lely Resort and Paseo, which have spectacular lifestyle amenities. -more-

“Over the past couple of months we have had many homebuyers flying in to stay in our furnished models and enjoy the lifestyle at the Village Centers at Olé and Paseo,” said Stock. “Both clubs remain vibrant over the summer months.”

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