New home sales strong for Neal Communities in April
Despite declining consumer sentiment among Floridians in April as reported in the latest survey by the University of Florida’s Bureau of Economic and Business Research, home sales at Neal Communities (NealCommunities.com), southwest Florida’s premier, private homebuilder, remained robust.
The Lakewood Ranch-based builder reported a more than 10 percent increase in sales from its March numbers, with 106 new home sales in April. This brings its yearly total to 412 sales.
“While we monitor consumer confidence numbers regularly, they don’t necessarily have a large impact on our sales numbers due to our ability to provide a diverse lineup of home options for a large buying segment,” said Michael Storey, president of Neal Communities. “However, with the record high consumer confidence reading of 99.2 in March, we would expect our April sales to increase. Despite a 3.5-point dip in April, we anticipate sales in southwest Florida to remain strong for Neal Communities, with our dominant market position including an abundance of move-in-ready homes and ideal community locations.”
The homebuilder’s communities in south Sarasota County all notched notable sales last month. Grand Palm, the builder’s master-planned community in Venice, Fla., continued its leading sales position for the builder with 15 new homes sales, and Boca Royale Golf & Country Club in Englewood followed closely with 14 sales. With five new models unveiled recently, the country club community saw increased visitor traffic as well.
The Estuary, Neal Communities’ newest neighborhood in West Bradenton sold 12 homes before its grand opening last weekend. On Saturday, May 6, more than 150 people attended the model and community grand opening at the beautiful new community in Manatee County near the Robinson Preserve.
Also in April, Neal Communities moved up two spots to the No. 43 position on Builder Magazine’s 2017 Builder 100: The Top 100 list.
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. For more information, please visit www.NealCommunities.com.