LAKEWOOD RANCH, Fla. (March, 20, 2017) – Neal Communities, southwest Florida’s premier, private homebuilder, recorded 100 sales in February, continuing a second solid month for the start of 2017. The builder’s two-month total equals 210 sales, a more than 10 percent increase from 2016.
Neal South, the company’s division covering Lee and Collier Counties, marked 20 sales last month and recently opened Avalon, a new condominium community in Naples.
“With a national focus on tax cuts, infrastructure spending and deregulation, we continue to see a positive real estate market here in southwest Florida,” said Michael Storey, president of Neal Communities. “Furthermore, the continued favorable lending environment coupled with the possibility of impending interest rate hikes make this the perfect time to buy a new home. Our quality inventory with feature move-in ready homes and the option to build a new home from the ground up give buyers plenty of options with Neal Communities.”
Notable neighborhoods with robust sales in February included Milano in Venice with 14 sales and Silverleaf in Parrish with 13 sales. Silverleaf offers 18 home plan options and a variety of amenities, including a recreation center, pool, spa, playground, picnic area, basketball court, two dog parks, walking trails and a nature boardwalk.
Grand Palm, the builder’s master-planned community in Venice, continues to be a popular neighborhood with 13 sales last month. The community features interconnected walking trails, nature paths and a 39-acre lake with an island oasis.
The 1,000-acre gated community of Boca Royale Golf & Country Club in Englewood, is about to unveil five new models this month and reported eight sales in February.
Neal Communities is almost sold out in several communities, including Central Park in Lakewood Ranch with just three move-in ready homes available, Windwood in North Venice with only five homes remaining and Woodbrook in Sarasota with just four opportunities for buyers.
In 2016, Neal Communities broke all of the company’s previous sales records, ending the year with 1,109 sales and 1,129 closings, totaling over $430 million in communities from Hillsborough to Collier Counties and representing a 13 percent increase in closings compared to 2015.
About Neal Communities
With over 40 years of building award-winning homes, Neal Communities has over 70 successful communities throughout southwest Florida. The Lakewood Ranch-based builder 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 11,000 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.
Photo: The golf course at Boca Royale Golf & Country Club
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