$10,000 Closing Credit*
$976,000
1,372 SqFt
2 Beds
•2 Full Baths
Stephen A Mossini, Listing Office: Local Real Estate Co
Is Highland Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Highland Beach has remained a Buyer's Market.
Key Takeaway
Highland Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Highland Beach, FL
How much do homes in Highland Beach, FL cost?
Median Sold Price
$1,040,000
$690/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$142,000(+15.8%)
Key Takeaway
Homes in Highland Beach have sold for 15.8% more than they did a year ago.
Summary: The median home sold price in Highland Beach was $1,040,000 in November 2024, up 15.8% from last year, and the median price per square foot was $690.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $532.5K | $504.3K | -5.3% |
| 2 Bedrooms | $767.5K | $792.5K | +3.3% |
| 3 Bedrooms | $1.6M | $1.9M | +15.5% |
| 4 Bedrooms | $3.3M | $3.7M | +10.8% |
| 5+ Bedrooms | $8.5M | $18.7M | +120.7% |
Summary: Highland Beach housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.3%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 15.5%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 120.7%.
Median Sold Price Compared To Nearby Cities
| Highland Beach | $898K | $1.0M | +15.8% |
| Boca Raton | $592K | $635.3K | +7.3% |
Housing Supply in Highland Beach, FL
How many homes are available in Highland Beach, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 135 | 153 | +13.3% |
Summary: The Highland Beach real estate market had 153 homes for sale in November 2024, a 13.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 8 | +14.3% |
| 2 Bedrooms | 75 | 83 | +10.7% |
| 3 Bedrooms | 40 | 46 | +15.0% |
| 4 Bedrooms | 5 | 8 | +60.0% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Highland Beach housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 60%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Highland Beach, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Highland Beach in November 2024, the same as the previous month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for Highland Beach, FL
How long does it take to sell a home in Highland Beach, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 86 Days | 116 Days | +33.6% |
Summary: Homes in Highland Beach had an average of 116 days on market in Nov 2024, up by 33.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Highland Beach are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 8 homes were sold in Highland Beach; 38% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 63% of homes were sold over 90 days.
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