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The last six weeks of 2021 proved successful for a Manatee and Sarasota-based master-planned community developer.
Those final weeks tipped the scale for Neal Land & Neighborhoods’ annual sales goal, pushing the developer 11% over it. In early November the goal of 350 home sales was met. That momentum continued to bring an additional 39 new construction sales.
The homes in North River Ranch are currently in the $300,000-$800,000 range, just a bit up from last year’s average price range of $289,000 to $600,000.
“North River Ranch had a phenomenal year thanks to the confidence that buyers and builders alike showed in this young community,” says John Neal, president of Neal Land & Neighborhoods, in a release. “The sales momentum we saw through the end of 2021 continues into 2022. With the anticipated sellout of Brightwood, the release of more lots in Riverfield and work beginning in Wildleaf, we are poised for excellent positioning.”
The community houses almost 300 residents. To accommodate the growth, Faith Santoro was recently brought on as a director of fun. Santoro is responsible for finding ways to engage families through various programs and activities.
“North River Ranch is a place where family time is focal and community is central, so having a dynamic and passionate individual like Faith is the key to bringing everyone together,” says Neal. “With the anticipated demand this year in mind, Faith is moving full steam ahead to create the true sense of home so many are looking for.”
Neal Land & Neighborhoods leverages its innate understanding of land planning and development to establish communities throughout Manatee, Sarasota and Hillsborough counties by partnering with highly reputable builders and large-scale land owners in Southwest Florida. The developer owns or controls several thousand acres of land entitled for more than 9,000 future residential homes and the supporting mixed-use commercial and retail, according to the release.
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