Is Highlands, WA 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, WA
How much do homes in Highlands, WA cost?
Median Sold Price
$1,475,000
$693/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Highlands have sold for 1.7% more than they did a year ago.
Summary: The median home sold price in Highlands was $1,475,000 in April 2024, up 1.7% from last year, and the median price per square foot was $693.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $785K | $1.0M | +38.5% |
| 3 Bedrooms | $1.3M | $1.1M | -9.7% |
| 4 Bedrooms | $1.7M | $1.8M | +4.6% |
| 5+ Bedrooms | $2.2M | $1.8M | -16.9% |
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 38.5%, 3 bedroom homes decreased by 9.7%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes decreased by 16.9%.
Housing Supply in Highlands, WA
How many homes are available in Highlands, WA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Summary: The Highlands real estate market had 8 homes for sale in April 2024, a 14.3% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Highlands, you may be able to get a good deal. 33.3% of homes here sold below 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, 33% were sold at asking, and 33% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 52 Days | 53 Days | +3.2% |
Summary: Homes in Highlands had an average of 53 days on market in Apr 2024, up by 3.2% 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.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.