Stock Developoment Posts Strong Early Sales In 2011
3/22/2011

Stock Development has released its first sales report of 2011, showing strong new home sales at Lely Resort, Paseo and Secoya Reserve.

According to Brian Stock, CEO of Stock Development, the company netted 52 new home contracts with a sales volume of $22.5 million. Of particular note, was the variety of home styles sold.

“Contracts were signed across 20 different neighborhoods in three communities,” said Stock. “We sold ten homes in the first month after the release of the new Esperanza neighborhood at Paseo and a home the first week of sales at Secoya Reserve and are negotiating several other sales.”

According to Stock, the company also saw a rise in the average sale price over the same period last year.

“Inventory homes in Naples has dwindled and our existing single-family neighborhoods at Lely Resort and Paseo are nearly sold out,” said Stock. “As a result, we have released Lakoya at Lely Resort and Esperanza at Paseo. They are among the largest new construction releases in Colllier County and Lee County, respectively, in the past five years and feature upgraded floorplans and neighborhood amenities.”

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