[1] Strong Real Estate Sales In Lakewood Ranch.
Lakewood Ranch posted strong sales numbers for the 1st quarter and is projecting a 35% increase in closings for the second quarter over the first. Closings completed during April and early May indicate an upturn and a boost in consumer confidence.
The residential real estate market in Lakewood Ranch continues to be encouraging. Lakewood Ranch homes are retaining their value better than other markets due in part to the proximity of community amenities, including the Corporate Park, specialty and convenience shopping areas and new public schools. Lakewood Ranch posted good sales numbers in 2008, including an average price of $498,000. Twenty homes sold topped $1 million. Traffic in the Information Center for 2009 is at its highest level since 2005, indicating interest is high as buyers realize now is the time to buy.
There is something for everyone at Lakewood Ranch: new home pricing (including homesite) begins in the low $200,000s to more than $5 million. “An increase in return visits by prospects who have visited us previously is one of the leading indicators of an improving real estate market. More than 1,000 visitors made return trips to Lakewood Ranch in the first quarter of this year. Even post-season traffic numbers are boasting these same trends,” explained Rex Jensen, President and CEO of Schroeder-Manatee Ranch. “We attribute this to the fact that buyers know that if they are going to make a buying decision now, it had better be on a sure thing like the value that Lakewood Ranch offers.”
For more information on Lakewood Ranch, visit www.lakewoodranch.com.
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