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Stock Development's Sales Continue to Soar
6/15/2011
Stock Development has released its latest sales report, showing surging 2011 new home sales at Lely Resort, Paseo, Black Bear Ridge and Secoya Reserve.
According to Brian Stock, CEO of Stock Development, through the end of May, the company netted 158 new home contracts with a sales volume of $68.1 million. This represents a 32 percent increase in sales volume over the same time last year.
“This has been a fantastic year of sales,” said Stock. “It is particularly encouraging that April and May sales were nearly identical to the peak seasonal sales months of February and March. Our May sales doubled over 2010!”
Stock Construction, the company construction division registered even more dramatic numbers. The $66.3 million in sales was a 61 percent revenue increase over 2010.
Stock Development continues to expand and has released four new neighborhoods in 2011 - Lakoya at Lely Resort, Esperanza at Paseo and Black Bear Ridge and Secoya Reserve in North Naples.
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