Is Highland Lake Estates, TX 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 Lake Estates has remained a Buyer's Market.
Housing Prices in Highland Lake Estates, TX
How much do homes in Highland Lake Estates, TX cost?
Median Sold Price
$417,200
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Highland Lake Estates was $417,200 in April 2024, down 7.7% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $295K | $201K | -31.9% |
2 Bedrooms | $385K | $340K | -11.7% |
3 Bedrooms | $443.9K | $390K | -12.1% |
4 Bedrooms | $484.9K | $436.9K | -9.9% |
5+ Bedrooms | $1.2M | $698K | -44.2% |
Summary: Highland Lake Estates housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.9%, 2 bedroom homes decreased by 11.7%, 3 bedroom homes decreased by 12.1%, 4 bedroom homes decreased by 9.9%, and 5+ bedroom homes decreased by 44.2%.
Median Sold Price Compared To Nearby Neighborhoods
Lago Vista Country Club Estates | $455.9K | $500K | +9.7% |
Highland Lake Estates | $452K | $417.2K | -7.7% |
Housing Supply in Highland Lake Estates, TX
How many homes are available in Highland Lake Estates, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
123 | 141 | +14.6% |
Summary: The Highland Lake Estates real estate market had 141 homes for sale in April 2024, a 14.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 10 | 11 | +10.0% |
2 Bedrooms | 15 | 17 | +13.3% |
3 Bedrooms | 67 | 73 | +9.0% |
4 Bedrooms | 27 | 34 | +25.9% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Highland Lake Estates housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 25.9%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 18 | +63.6% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Highland Lake Estates in April 2024, up by 63.6% month-over-month. Of the 18 sold homes, 78% were sold under asking, 0% were sold at asking, and 22% were sold over asking.
Days on Market for Highland Lake Estates, TX
How long does it take to sell a home in Highland Lake Estates, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
96 Days | 81 Days | -15.6% |
Summary: Homes in Highland Lake Estates had an average of 81 days on market in Apr 2024, down by 15.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 18 homes were sold in Highland Lake Estates; 39% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 39% of homes were sold over 90 days.