Is Highlands, MA 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, Highlands has remained a Seller's Market.
Key Takeaway
Highlands is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Highlands, MA
How much do homes in Highlands, MA cost?
Median Sold Price
$525,000
$303/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Highlands have sold for 12.6% more than they did a year ago.
Summary: The median home sold price in Highlands was $525,000 in April 2024, up 12.6% from last year, and the median price per square foot was $303.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | - | N/A |
| 2 Bedrooms | $310.5K | $364.9K | +17.6% |
| 3 Bedrooms | $462.5K | $525K | +13.5% |
| 4 Bedrooms | $485K | $552.5K | +13.9% |
| 5+ Bedrooms | $626K | $725K | +15.8% |
Summary: Highlands housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.6%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes increased by 15.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Highlands | $466.4K | $525K | +12.6% |
| Sacred Heart | $410K | $459.2K | +12.0% |
| Pawtucketville | $450K | $475K | +5.6% |
| Lower Highlands | $445K | $457K | +2.7% |
Housing Supply in Highlands, MA
How many homes are available in Highlands, MA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 11 | +10.0% |
Summary: The Highlands real estate market had 11 homes for sale in April 2024, a 10.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 7 | +75.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Highlands housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 75%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Highlands, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Highlands in April 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Highlands, MA
How long does it take to sell a home in Highlands, MA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 22 Days | 41 Days | +79.4% |
Summary: Homes in Highlands had an average of 41 days on market in Apr 2024, up by 79.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Highlands are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Highlands; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
