Real Estate

Stock Development posts strong February sales

COURTESY PHOTO The pool at Vivante in Punta Gorda. COURTESY PHOTO The pool at Vivante in Punta Gorda. Stock Development continues to post strong new home sales. In February, Stock Development sold 26 new homes at its communities of Lely Resort, Paseo in Fort Myers and Vivante in Punta Gorda, up from 24 sales in January.

The company's sales volume totaled $9.6 million, a nearly $2 million increase over the previous month, for an average sale price of $370,000, said

Brian Stock, CEO of Stock Development,. Lely Resort led the way with 15 new home sales.

"We sold a new home nearly every day and indications from the first week of March show the trend continuing," Mr. Stock said. "For the month, the average sale price increased by $50,000, demonstrating that the market is responding to our architecturally superior homes and world-class lifestyle amenities. The current buyer is more educated than ever and they recognize the overall value found in a Stock Development community."

Stock Development is building homes priced from the $160s to more than $1 million in three of Southwest Florida's most beautiful communities.

"We had a very busy month with lots of interest in the new model center. Last week, we opened four additional models, bringing the total number open to 18," said Tim Clark, vice president of sales at Paseo. "So far this year we have had more than 1,500 people tour Paseo."

Paseo offers flats and town homes in 14 designs, as well as six casita floor plans. These award-winning homes range from 1,200 to more than 2,000 square feet under air. Two neighborhoods of single-story, two-story and courtyard-style single-family homes are also available. Floor plans range from 1,649 to just over 3,000 square feet under air plus attached two-car garages.

Punta Gorda's Vivante offers twoand three-bedroom condominiums with 1,485 square feet to 2,500 square feet of living space and prices ranging from $149,990 to $499,990. Harborfront units are priced from just $299,990.

At Lely Resort, a total of 13 neighborhoods are offered with prices beginning from just $199,990. Residents have access to The Players Club & Spa at Lely Resort, which gives residents a complete lifestyle with a separate non-golf clubhouse providing a more casual, tropical atmosphere. There are also three championship golf courses, two spectacular golf clubhouses and a Village Center in the Olé neighborhood.


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