Is Highland Lakes, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Highland Lakes has remained a Seller's Market.
Housing Prices in Highland Lakes, FL
How much do homes in Highland Lakes, FL cost?
Median Sold Price
$365,000
$260/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Highland Lakes was $365,000 in April 2024, up 11.5% from last year, and the median price per square foot was $260.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $162.5K | $167.5K | +3.1% |
2 Bedrooms | $310K | $359K | +15.8% |
3 Bedrooms | $482.5K | $480K | -0.5% |
4 Bedrooms | $887.5K | $668.5K | -24.7% |
5+ Bedrooms | - | $817.5K | N/A |
Summary: Highland Lakes housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.1%, 2 bedroom homes increased by 15.8%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes decreased by 24.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Rustic Oaks | $230K | $387K | +68.3% |
Highland Lakes | $327.5K | $365K | +11.5% |
Bentley Park | $235K | $240K | +2.1% |
Cobb's Landing | $835K | $800K | -4.2% |
Housing Supply in Highland Lakes, FL
How many homes are available in Highland Lakes, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
86 | 84 | -2.3% |
Summary: The Highland Lakes real estate market had 84 homes for sale in April 2024, a 2.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 10 | 9 | -10.0% |
2 Bedrooms | 64 | 65 | +1.6% |
3 Bedrooms | 10 | 9 | -10.0% |
4 Bedrooms | 1 | 0 | -100.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Highland Lakes housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 10%, 2 bedroom homes increased by 1.6%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 18 | -5.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Highland Lakes in April 2024, down by 5.3% month-over-month. Of the 18 sold homes, 72% were sold under asking, 22% were sold at asking, and 6% were sold over asking.
Days on Market for Highland Lakes, FL
How long does it take to sell a home in Highland Lakes, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
38 Days | 33 Days | -12.6% |
Summary: Homes in Highland Lakes had an average of 33 days on market in Apr 2024, down by 12.6% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 18 homes were sold in Highland Lakes; 56% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.