Stock Development’s July Sales In Southwest Florida Up Nearly 90 Percent Over 2012: Construction and Inventory Continue To Expand

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Stock Development continues to post summer new home sales numbers that are on par with the traditionally peak winter sales months in Florida.

The Orchid II model at Lely Resort

“July was fantastic as we continued to sell at a pace that was at nearly the level of the peak winter season,” said Stock. “Both multi-family and single-family homes sold well. We are selling a remarkable number of coach homes, townhomes and castitas."

Stock Development posted yet another amazing monthly summer sales report across its Southwest Florida communities in July.

According to Brian Stock, CEO of Stock Development, 51 new home contracts were signed in July worth $22.3 million. Stock’s sales revenue is up by 133 percent over the numbers in July of last year, while the number of contracts has increased 88.9 percent! Altogether in 2013, the company has registered 371 sales worth $217.5 million, a 75 percent increase in sales volume over last year.

“July was fantastic as we continued to sell at a pace that was at nearly the level of the peak winter season,” said Stock. “Both multi-family and single-family homes sold well. We are selling a remarkable number of coach homes, townhomes and castitas this summer that are more typically purchased during the winter season.”

Stock said the strength of the market has allowed the company to dramatically expand its inventory home program, giving homebuyers the opportunity to buy and close on homes this summer and fall well ahead of the upcoming winter season. Many are taking advantage of this and the average sales price has increased 23.6 percent in 2013.

“We sold 20 coach homes, townhomes and casitas at Paseo in South Fort Myers and in Lely Resort,” said Stock. “In addition, we notched 12 new home contracts in Olde Cypress, pushing the Lantana single-family home neighborhood past the 30 percent sold mark in just six months. We also signed our first two custom build contracts at Treviso Bay.”

One of the area’s most respected builders, Stock was named on BUILDER 100 list of top builders nationwide. Company CEO, Brian Stock was also named the Entrepreneur of the Year by Tampa-based Business Observer. Stock has built more than 3,000 new homes throughout Southwest Florida and currently has 200 homes under construction.

Stock operates throughout Collier and Lee Counties in nine communities and offers a residential design for everyone. They have over 150 inventory homes, completed or nearing completion, including flats, townhomes, casitas, coach homes, twin villas, several series of single-family homes and custom-built estate homes. Prices range from the $160s to more than $7 million in communities renowned for their exceptional lifestyle amenities.

With more than 40 furnished models on display, homebuyers can tour professionally decorated single-family and multi-family homes in styles as diverse as 1,200 square foot flats to 5,000-plus square foot estate homes. The work of more than a dozen interior designers are on display in Stock’s models.

Stock has reached sell out of its Secoya Reserve neighborhood and build out of the community is scheduled by this fall. At Black Bear Ridge, three more sales have left only three homes remaining for sale. Black Bear Ridge features extraordinary lifestyle options with a beautiful lakefront clubhouse and pool. It is priced from the low $300s.

At Olde Cypress, Stock has five beautifully-furnished models open in Lantana, the final neighborhood being built at this elite country club community in North Naples. The models are available for sale with a 5 percent leaseback. In addition, four inventory homes are available. Lantana is priced from the $300s and includes $25,000 worth of options as well as a golf membership worth an additional $25,000!

The company has opened new models at Treviso Bay in Naples. Treviso Bay’s18-hole TPC / PGA designed championship golf course includes a driving range, practice pitch and hand-mowed putting greens. Most homes purchased from Stock includes a membership to the TPC Golf Course and includes $25,000 towards options and upgrades for a limited time.

Quail West has 13 model homes available for viewing. One of Southwest Florida’s most exclusive clubs, the private, 1,180 acre oasis in North Naples was named recipient of the Collier Building Industry Association's coveted Sand Dollar Award for Community of the Year in the Average Home Over $1,000,000 category, as well as the Lee Building Industry Association’s Community of the Year Award. Two championship golf courses designed by Arthur Hills join the stunning 70,000 square-foot Grand Clubhouse. Prices begin in the high-$600s.        

Stock has advanced its operations in Fiddler’s Creek. Stock is building in three Villages at Fiddler’s Creek - Isla del Sol, Mahogany Bend and Majorca Villages. Located just off Collier Boulevard, Fiddler’s Creek is comprised of nearly 4,000 acres and is zoned for 6,000 residences. Stock has seven inventory homes under construction and a furnished model open in Isla Del Sol. They are currently building a Muirfield III model in Mahogany Bend. Prices begin in the $600s.

At Lely Resort, a total of eight neighborhoods of flats, townhomes, coach homes, twin villas, single-family homes and estate homes are offered with prices beginning from the $200s. Lely has earned five consecutive Community of the Year awards. Stock has more than 20 inventory homes available in five neighborhoods. Lely homeowners have access to the Players Club & Spa and some of Naples finest amenities. The Players Club & Spa, which currently offers over 20,000 square feet under air, is under going a two year expansion that will dramatically increase its size. There are three championship golf courses and two spectacular golf clubhouses.

Stock is a Preferred Builder at Mediterra, where they have two inventory homes on offer and a new furnished mode ready to debut next month. Mediterra is a 1,700 acre, gated master-planned country club community in North Naples offering villa homes and single-family residences priced from $500,000 to over $7 million. It includes two Tom Fazio-designed golf courses, a state-of-the-art golf learning center, a 25,000-square-foot clubhouse, a sports club with pool, tennis, fitness center and spa.

Stock has also established an impressive resumé in Lee County. In 2012, Paseo earned its 7th consecutive Community of the Year Award from the Lee Building Industry Association (BIA).

Paseo offers flats, townhomes and casita floor plans ranging from 1,200 to 2,080 square feet under air. Prices begin from the $160s with $15,000 of options and upgrades included on flats, townhomes and casitas. Twin villas and single-family models are also open in the Esperanza neighborhood. Paseo’s 26,000 square foot Village Center includes a bistro, a pub, an internet café, a coffee shop, a 4,000 square foot fitness center and a 90-seat theatre. The free-form pool includes elaborate waterfalls and rockscapes, as well as a poolside gazebo serving lunch and refreshments.

Stock Development is located at 2647 Professional Circle in Naples. For more information, visit the Stock Development website at http://www.stockdevelopment.com or call (239) 592-7344.

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Brad Whalen
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