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LAKEWOOD RANCH, Fla. (October 26, 2017) – Despite a noticeable sales decrease due in part to Hurricane Irma, southwest Florida’s premier, private home builder, Neal Communities (NealCommunities.com) closed its third quarter sales with a record pace notching 901 sales to date in 2017, a five percent increase from last year at this time.
“Despite a weather related slowdown last month, we are pleased to be ahead of where we were last year and in a great position heading into the fourth quarter,” said Michael Storey, president of the Lakewood Ranch-based home building firm. “Our continued sales success this year is a testament to our talented team and our company’s capacity to nimbly adjust to market demands plus our ability to provide a constant supply of inventory to the market.”
In September, the builder sold 55 homes with notable communities including The Ridge at Crossing Creek in Bradenton with six sales and Boca Royale Golf & Country Club in Englewood with five sales.
The third quarter closes out a remarkable summer of sales for the Lakewood Ranch-based builder with 116 home sales in June, 85 sales in July and 121 sales in August, which shattered its all-time highest monthly sales record. Several communities sold out last month, including Central Park in Lakewood Ranch and Woodbrook in Sarasota. Only one home remains at Woodland Trace in Sarasota.
In Neal Communities’ south region, three of its neighborhoods are nearing complete sell out at Canopy and Reflection Lakes in Naples and Estero Place, a private, gated community in Estero. Sales recently began at Richmond Park in Naples.
Neal’s luxury custom homes division, Neal Signature Homes, with prices starting from the mid $600,000s, was responsible for seven sales in September. The Inlets in Bradenton now has only two waterfront home sites remaining and a fully furnished model home for sale.
September’s sales were decreased from the same time last year however with Hurricane Irma causing short-term closures of models and a clear disruption for the entire state.
“Our team was preparing for the storm for six days in advance and recovering for three days afterward,” said Pat Neal, CEO of Neal Communities. “I am extremely grateful for an unbelievable group of individuals who were all out in the field preparing our communities before it passed through. Team members who work in all departments volunteered to be away from their desks and homes to prepare our neighborhoods for Hurricane Irma’s arrival. Team Neal did a wonderful job in preparation, management and execution of this plan. Additionally, our homes are built according to the most current building codes for storm protection and are safe, fit and sound. Floridians are strong and resilient. Above all else, we should be grateful for our safety, our families and the good news that the storm was not as severe as expected.”
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 12,000 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 awards, 50 Aurora Awards, 5 Best in American Living Awards and hundreds of local and regional industry awards.
Photo from left to right: Randy Turkovics, Pat Neal, Charlene Neal, Michael Storey and Michael Greenberg