New Home Sales Continue To Rise In Lakewood Ranch, FL. The good news in new home sales at Lakewood Ranch, FL just gets better. For the first six months of 2012 new home sales are up 47% in Lakewood Ranch, FL. That translates to 309 new home sales in the first six months of the year compared with 210 in the first six months of 2011.
These numbers are according to Jimmy Stewart, Vice President of Sales for LWR Communities. "Early retirees sitting on a lot of cash are buyers who have been looking at us for the last five or six years. They come back every year and visit our models - we've been tracking them and we register them - and now they are making buying decisions, because they are comfortable with Lakewood Ranch and the fact that they feel this is really the bottom of the market."
New home sales accounted for 61% of all home sales in Lakewood Ranch, FL in the first six months of the year. "I don't know that that is occurring in any other master-planned community," according to Stewart. About half of new home sales are between $250,000 to $350,000. Another 10% of the increase are for homes in the $1 million or more category.
As inventory levels continue to decline in the Sarasota Market (4.1 months for single family homes and 5.2 months for condos), new homes at Lakewood Ranch, FL are becoming an even more attractive option. Bank-owned and other distressed properties are also declining as a percentage of the market.
New homes are competitive in price, allow the buyers to choose their own options and upgrades, home sites and come complete with warranties. Add Lakewood Ranch, FL to the mix and you have an unbeatable combination.
Contact me for more information on new homes in Lakewood Ranch, FL today!
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