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Highland Lakes, Palm Harbor, FL - Market in a Minute

By
Real Estate Agent with ReMax Realtec Group

Highland Lakes is a 55+, golf course community in Palm Harbor Florida. This highly desired community is comprised of approximately 2,280 residences.

Highland Lakes is considered the most sought after 55+ active adult retirement subdivision in northern Pinellas County. Highland Lakes is known for its beautiful golf courses, recreation center, numerous lakes and multiple community swimming pools.  Highland Lakes is an attractive and socially active community. Homes for sale, range from single story, to townhomes, villas and condos and all are well cared for with immaculateHighland Lakes Villas and lush tropical flora lots. Single family homes range in price depending on amenities and location.  Typical floor plans include cathedral ceilings, formal living and dinning rooms two to three bedrooms. Many homes have been updated with hardwood and tile floors, renovated kitchens and baths. Villas have garages, two bedrooms, two baths, kitchen, formal dining and living rooms and many with screened lanais to enjoy the warm Florida evenings.  A reasonably priced monthly HOA fee gives you unlimited golf with no greens fees, heated Olympic size pool, hot tub, lighted tennis courts, shuffleboard, bocce, RV and boat storage, lodge and boat ramp. Access to Lake Tarpon (2,500 acre lake with two county parks), docks, two pontoon boats with free daily trips on Lake Tarpon and Clubs such as: Little Theatre, Ceramics, Woodshop, Stained Glass, Oil Painting, etc. You will truly live the ultimate Florida retirement lifestyle in this fabulous community just minutes from shopping, area beaches and entertainment. 

The "MARKET IN A MINUTE" chart below reflects market trends as it applies to all housing types in Highland Lakes. Some of the elements shown in the chart are ratios so be certain to read the legends before reaching a conclusion.

Of interest is trend line f) ADOM. As expected, and shown, when ADOM trends down, prices trend up.

The data behind the chart is shown above. Aggregate values for Highland Lakes, as shown above, appear to be at 2008 levels. The coming increases in value for the  year 2015 will enable many owners to exercise the option to sell.

As always, those properties with modernized kitchens and updated fixtures will demand top prices.

At this time Jan 8, 2015, there are 8, 2/2/1, 900+ SF, villas and condos available for sale in Highland Lakes in addition to several that exist in the invisible market.

If Highland Lakes sounds like the place for you, give me a call.

 

Best of success,

Annette Lawrence, Broker/Associate
Remax Realtec Group
Palm Harbor, FL
727.420.4041

Comments(1)

Roy Kelley
Retired - Gaithersburg, MD

It is good to see your commitment to assist seniors with their housing needs.

Jan 10, 2015 12:35 AM