Southwest Florida's Neal Communities sees impressive third quarter home sales

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Prolific Florida homebuilder on track to surpass 2015 sales

Neal Communities Leadership Team

The southwest Florida home buying market is normally more robust than housing trends nationwide, and we can clearly see the results of a spike in homebuyer confidence through our home sales throughout the third quarter.

Quarter three marked a period of impressive sales for Neal Communities (NealCommunities.com), southwest Florida’s premier, private homebuilder, with 276 home sales throughout its divisions.

During the first three quarters of the year, Neal Communities saw sales increase from 2015. So far in 2016, the company has sold 856 homes compared with 833 homes sold by this time last year.

“Consumer confidence was up again in September, according to industry data,” said Pat Neal, chairman of the executive committee of Neal Communities. “The southwest Florida home buying market is normally more robust than housing trends nationwide, and we can clearly see the results of a spike in homebuyer confidence through our home sales throughout the third quarter.”

Several Neal Communities neighborhoods saw particularly high home sales in September, including Milano, Grand Palm, Silverleaf and Windwood. September home sales totaled 84, and the community with the greatest number of sales was Milano in Venice, with 15 home sales.

Additionally, Windwood, a 90-home community that opened for sales in early 2015, is one of the fastest-selling communities in Venice, Fla. Only 15 homes remain in the neighborhood that features ample open space, wetlands and lakes. The community has six floor plan options, and homes start at $278,990.

Neal Communities’ new Avalon community in Naples, Fla. opens in December 2016. The 23-acre neighborhood is the company’s first multi-family, carriage home community in Naples. It features 19 coastal-themed buildings with four floor plans and 152 carriage homes with lake and preserve views. Homes range in size from 1,355 to 1,725 square feet.

In addition to an increase in home sales, the company has also seen growth in the Neal Communities team during 2016, with 70 new hires since the beginning of the year.

About Neal Communities
Neal Communities was named the Professional Builder 2015 “Builder of the Year” and was named one of 2012's "America's Best Builders" by BUILDER Magazine and voted the “2013 Best Residential Builder in Southwest Florida” in a readers’ poll sponsored by Gulfshore Business Magazine. The company is ranked No. 1 locally by Metrostudy and by Hanley Wood Market Intelligence based on number of home sales and ranked nationally among the top 50 builders by BUILDER Magazine. To date, Neal has built over 10,000 homes in southwest Florida. As the area's largest and most established, locally owned and operated private builder, Neal Communities is continually striving for excellence in every aspect of the home building and development business. Neal Signature Homes, Neal Land Ventures, Charlene Neal PureStyle, Waterscapes Pools & Spas, Neal Communities Funding, Fiducia Insurance and Allegiant Title Professionals all contribute to the firm's continued, record-setting local success. The company's honors and accolades include 44 Parade of Homes 2015 awards, 50 Aurora Awards, 5 Best in American Living Awards and hundreds of local and regional industry awards. For more information, please visit http://www.NealCommunities.com.

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Leisa Weintraub

Candice McElyea
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