$8,016 Closing Credit*
$675,000
1,533 SqFt
2 Beds
•2 Full Baths
Lisa Bradley, Listing Office: Coldwell Banker
Is Highland Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Highland Beach was a Seller'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
$985,000
$690/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$85,000(+9.4%)
Key Takeaway
Homes in Highland Beach have sold for 9.4% more than they did a year ago.
Summary: The median home sold price in Highland Beach was $985,000 in October 2024, up 9.4% from last year, and the median price per square foot was $690.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $532.5K | $493.4K | -7.3% |
| 2 Bedrooms | $775K | $772.5K | -0.3% |
| 3 Bedrooms | $1.7M | $2.1M | +21.7% |
| 4 Bedrooms | $2.7M | $3.9M | +42.3% |
| 5+ Bedrooms | $8.5M | $18.7M | +120.7% |
Summary: Highland Beach housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.3%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes increased by 21.7%, 4 bedroom homes increased by 42.3%, and 5+ bedroom homes increased by 120.7%.
Median Sold Price Compared To Nearby Cities
| Highland Beach | $900K | $985K | +9.4% |
| Boca Raton | $590.3K | $631.9K | +7.0% |
Housing Supply in Highland Beach, FL
How many homes are available in Highland Beach, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 129 | 143 | +10.9% |
Summary: The Highland Beach real estate market had 143 homes for sale in October 2024, a 10.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 7 | +75.0% |
| 2 Bedrooms | 76 | 81 | +6.6% |
| 3 Bedrooms | 36 | 41 | +13.9% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Highland Beach housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 75%, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 13.9%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 8 | -33.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Highland Beach, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Highland Beach in October 2024, down by 33.3% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 180 Days | 73 Days | -59.6% |
Summary: Homes in Highland Beach had an average of 73 days on market in Oct 2024, down by 59.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Highland Beach has remained consistent over time.
Summary: During October 2024, 8 homes were sold in Highland Beach; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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