Is Highlands, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Highlands has remained a Seller's Market.
Housing Prices in Highlands, WA
How much do homes in Highlands, WA cost?
Median Sold Price
$275,000
$290/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Highlands was $275,000 in March 2024, up 1.9% from last year, and the median price per square foot was $290.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $156K | $209.9K | +34.6% |
2 Bedrooms | $252.4K | $255K | +1.0% |
3 Bedrooms | $285.5K | $300K | +5.1% |
4 Bedrooms | $329.9K | $300K | -9.1% |
5+ Bedrooms | $312.5K | - | N/A |
Summary: Highlands housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.6%, 2 bedroom homes increased by 1%, 3 bedroom homes increased by 5.1%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Olympic East | $365K | $372.4K | +2.0% |
Highlands | $269.9K | $275K | +1.9% |
Saint Helens | $312.5K | $312K | -0.2% |
Housing Supply in Highlands, WA
How many homes are available in Highlands, WA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
27 | 26 | -3.7% |
Summary: The Highlands real estate market had 26 homes for sale in March 2024, a 3.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 10 | 15 | +50.0% |
3 Bedrooms | 12 | 7 | -41.7% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Highlands housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 41.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 6 | -14.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Highlands in March 2024, down by 14.3% month-over-month. Of the 6 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% were sold over asking.
Days on Market for Highlands, WA
How long does it take to sell a home in Highlands, WA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
27 Days | 40 Days | +49.8% |
Summary: Homes in Highlands had an average of 40 days on market in Mar 2024, up by 49.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 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.