2014 continues to prove successful for the Florida real estate market as home prices rise. In Manatee County, the trend of rising home prices has led to a healthier, more “normal쳌 real estate market.
In the month of March, median home prices for the State of Florida reached $173,000, an increase of 7.1 percent from the year before. Manatee County surpassed the state’s gains with median home prices rising to $225,900 in March. Compared to $200,000 in March 2013, that is a 13 percent jump year-over-year. The total supply of homes on the market overall was also up to 2,272 as compared to 1,855 in March 2013.
The increase in home prices is allowing home buyers who were previously underwater to sell their current home, make a profit and purchase a new home. For first-time home buyers waiting for prices to go down, this consistent increase in home prices is a sign that it will not happen for a while, so NOW is the time to buy.
At Highland Homes, we currently offer affordable new homes in Manatee County at Palmetto Estates. Priced from the $130,000s, single-family homes at Palmetto Estates offer more than 10 stylish floor plans featuring three to five bedrooms and two to three bathrooms. Interiors of the homes can be personalized to suit the buyers’ wants, needs and budget with an abundance of design options available at the Highland Homes Personal Selection Studio. Home exteriors offer a serene lifestyle with home sites that include corner lots, sites located adjacent to a community lake and open spaces and home sites on the perimeter of the community for privacy from back-door neighbors.
The community’s prime Palmetto location allows residents to live an ideal Florida lifestyle with convenient access to golf courses, beaches, parks, the Manatee River and waterways to the Gulf, as well as fantastic shopping at Ellenton Prime Outlets.
For parents searching for a great school district, children at Palmetto Estates attend the highly-rated Tillman Elementary Magnet School, as well as Buffalo Creek Middle and Palmetto High schools. During non-school hours, children enjoy spending hours at nearby Blackstone Park which offers a playground, sports courts, a skate park, and picnic pavillions. The park is currently undergoing an expansion that includes Little League fields, expected to be complete in summer/fall of 2014.
In addition to the affordable home prices at Palmetto Estates, Highland home buyers do not need to worry about saving for a large down payment before they can make their purchase - qualified buyers can purchase their dream home with just $99 down. Start living the ideal Florida lifestyle at Palmetto Estates today. For more information on new homes in this Manatee County community and to schedule a tour of the beautiful Hawthorne model home at Palmetto Estates, call 941-479-4988 or visit the Highland Homes website today.
Location, home designs, features and prices are subject to change without notice. We are pledged to the letter and spirit of the U.S. policy for the achievment of equal housing opportunity throughout the Nation. We encourage and support an affirmative marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status or national origin.