$6,947 Closing Credit*
$585,000
1,971 SqFt
3 Beds
•2 Full Baths
Julie Peluso, Listing Office: CHARLES RUTENBERG REALTY INC
Is Highland Lakes, 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 Lakes was a Seller's Market.
Key Takeaway
Highland Lakes is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Highland Lakes, FL
How much do homes in Highland Lakes, FL cost?
Median Sold Price
$350,000
$255/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$5,000(-1.4%)
Key Takeaway
Homes in Highland Lakes have sold for 1.4% less than they did a year ago.
Summary: The median home sold price in Highland Lakes was $350,000 in October 2024, down 1.4% from last year, and the median price per square foot was $255.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | $170K | +3.0% |
| 2 Bedrooms | $350K | $345K | -1.4% |
| 3 Bedrooms | $475K | $480K | +1.1% |
| 4 Bedrooms | $967.5K | $637K | -34.2% |
| 5+ Bedrooms | - | $817.5K | N/A |
Summary: Highland Lakes housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3%, 2 bedroom homes decreased by 1.4%, 3 bedroom homes increased by 1.1%, 4 bedroom homes decreased by 34.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Bentley Park | $235K | $240K | +2.1% |
| Highland Lakes | $355K | $350K | -1.4% |
Housing Supply in Highland Lakes, FL
How many homes are available in Highland Lakes, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 71 | 84 | +18.3% |
Summary: The Highland Lakes real estate market had 84 homes for sale in October 2024, a 18.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 64 | 72 | +12.5% |
| 3 Bedrooms | 5 | 9 | +80.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Highland Lakes housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 80%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 10 | +100.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Highland Lakes, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Highland Lakes in October 2024, up by 100.0% month-over-month. Of the 10 sold homes, 50% were sold under asking, 40% were sold at asking, and 10% were sold over asking.
Days on Market for Highland Lakes, FL
How long does it take to sell a home in Highland Lakes, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 70 Days | +212.8% |
Summary: Homes in Highland Lakes had an average of 70 days on market in Oct 2024, up by 212.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Highland Lakes are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in Highland Lakes; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.