Stock Developmentā€™s Sales Nearly $90 Million In 1st Quarter of 2017 Sales Volume Up Nearly 15 Percent Over 2016

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  • Stock Signature Homes

5/5/2017

Stock Development has released its sales report for the first quarter 2017. The company reigstered 84 new homes sales worth $88.22 million and closed on an additional 59 homes worth $52.2 million.

 

“Stock Development is off to a terrific start in 2017,” said Brian Stock, CEO of Stock Development. “We sold homes ranging from casitas in the $230s to custom estate homes priced at over $ 7 million. Overall, our average sale price topped $1 million for the first time.”

 

Sales were spread across 14 communities. Lely Resort and Naples Reserve each had nine sales. There were six sales at Esplanade Golf & Country Club of Naples and five sales at Quail West. The company also sold a $7 million-plus home in The Estuary at Grey Oaks.

 

Strock opened 2017 with the unveiling of four spectacular furnished models at Naples Reserve. 

 

Another highlight of the first quarter was at Fiddler’s Creek where Stock Signature Homes is now offering 50 new residences in the exclusive gated village of Marsh Cove. Stock previously sold out three villages in Fiddler’s Creek.

 

Stock’s homes in Marsh Cove include seven single-family custom estate floor plans, featuring three and four bedrooms plus a study and range from 2,812 to over 3,600 square feet of air-conditioned living space. The homes feature three-car garages and multiple outdoor living areas overlooking the lakes and fairways of the Arthur Hills-designed Creek Course.

 

Three model homes are underway – The Madison II, Ulyssa and Belfield floor plans. Two of the models are scheduled to debut later this year.

 

In Fort Myers, Stock unveiled four beautifully furnished new models in March at Babcock Ranch with a fifth one nearing completion. Paseo is on the cusp of sell out with only one new home remaining for sale.

 

At The Concession in Bradenton, Stock’s first furnished models were opened in March. Stock also expanded its custom estate home building operations in Olde Naples, Park Shore, The Moorings and Pine Ridge Estates.  New furnished models are underway at Quail West, Olde Naples, TwinEaggles and  The Lake Club in Bradenton,  

 

On the commercial side, Stock Urban, a division of Stock Development handling apartment and commercial development, expanded its operations. 

 

Stock Plaza has added new businesses to the complex. This stunning new commercial center is ideally located at the northwest corner of Collier Boulevard and Grand Lely Drive. Situated on a spacious nine-acre site in the heart of the booming Collier/951 Corridor are five beautiful buildings offering a total of 50,000 square feet. 

 

In February, Stock Urban also opened the clubhouse at Spectra Apartments, where a furnished model is open and residents have moved in. The 324-unit gated community is conveniently located at 5500 Spectra Circle in South Fort Myers and provides with convenient access to US Route 41 and Interstate 75.

 

“We are looking forward,” said Léger-Wetzel. “Stock Development is always adapting to the market place and creating new opportunites.”

 

Currrently, Stock has more than 40 furnished models across Southwest Florida from Sarasota to Marco Island, as well as in Palm Beach County. They have a robust inventory homes program offering move-in ready homes ranging from multi-family homes priced in the low $200s to custom built estate homes priced at more than $7 million. 

 

Visit the Stock Development website at www.stockdevelopment.com or email at info@stockdevelopment.com or call (239) 592-7344. Stock Development is on Facebook at www.facebook.com/FLStockDevelopment. Stock Development is headquartered at 2639 Professional Circle, Suite 101 in Naples.