Home selling prices rose for both Manatee and Sarasota counties last month, with some categories hitting five-year highs, according to statistics compiled by the Realtor Association of Sarasota-Manatee. In Manatee County, the median price of a single-family home jumped 8.9 percent from the previous April to $279,300 on a volume of 534 closed sales. It is the highest median price seen since the start of 2012. In Sarasota County, single-family prices were up 12.6 percent to $250,000.
As prices rise, affordable homes are becoming scarce. “Homes priced at $300,000 and under continue to sell at a quick pace, and this trend is likely to continue,” said Linda Formella, president of the Realtors association. “There is a high demand for quality, affordable housing. ”
Communities, like GlenLakes in Hernando County, near Manatee and Sarasota counties are attracting homebuyers with affordable large home sites paired with an outstanding portfolio of home designs, resulting in excellent home value. Where To Retire Magazine consistently names GlenLakes “One of the Best Places to Retire.” In addition, Ideal-Living magazine calls them a “Top 50 Community.”
For nature lovers, fitness aficionados, golfers and those who love an action-packed social life—GlenLakes is it. Adjoining the 85,000-acre Chassahowitzka National Wildlife Refuge, which borders the Gulf of Mexico, GlenLakes captures everything to love about a Florida retirement lifestyle: stunning views, championship golf, country club amenities, a secure, immaculately maintained community and captivating home designs, perfect for entertaining and relaxation starting in the $200’s. For best pricing and selection, click here to request your homebuyers guide today!
Edited from original article.