Stanley Martin Homes Enjoys Record Sales for the Month of January

RESTON, Va., Feb. 1, 2012 /PRNewswire/ -- In another sign of the resurgence of the new home market, Stanley Martin Homes' January 2012 sales more than doubled its January 2011 sales.  Perhaps even more impressive, with 34 new home sales in January 2012, Stanley Martin even surpassed its January 2005 and January 2006, "bubble year" sales results.  Stanley Martin's President, Steven Alloy, attributes the sales to "record low mortgage rates, compelling home prices, and rising confidence as consumers increasingly are choosing to take advantage of one of the best buying opportunities in a lifetime." 

Stanley Martin Homes delivered 402 new homes in 2011 in the Metro Washington D.C. marketplace, making it one of the largest builders in the region.  This represented a 9% jump from its 368 home closings in 2010.  The company's president, continued to say, "Stanley Martin's success is due to offering the newest home designs and features, in the neighborhoods and locations most sought after by home buyers."

In 2012, Stanley Martin will open 10 additional neighborhoods in the Metro DC region.  For more information, visit www.stanleymartin.com.

Media Contact: Lauri Chastain, Vice President of Marketing, Stanley Martin Homes
703.964.5108, [email protected], www.stanleymartin.com

SOURCE Stanley Martin Homes