$2,731 Closing Credit*
$230,000
1,120 SqFt
2 Beds
•2 Full Baths
Tonya Tibbetts, Listing Office: FLORIDA PLUS REALTY, LLC
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
Since last year, Highland Lakes has remained a Seller's Market.
Key Takeaway
Highland Lakes is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Highland Lakes, FL
How much do homes in Highland Lakes, FL cost?
Median Sold Price
$275,000
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$750(-0.3%)
Key Takeaway
The sold price of homes in Highland Lakes has remained the same since last year.
Summary: The median home sold price in Highland Lakes was $275,000 in October 2024, down 0.3% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $249.5K | $254.9K | +2.2% |
| 3 Bedrooms | $295K | $279.9K | -5.1% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | 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 did not change, 2 bedroom homes increased by 2.2%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Highland Lakes | $275.7K | $275K | -0.3% |
| Legacy of Leesburg | $340K | $321.2K | -5.5% |
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 |
|---|---|---|
| 39 | 35 | -10.3% |
Summary: The Highland Lakes real estate market had 35 homes for sale in October 2024, a 10.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 18 | 16 | -11.1% |
| 3 Bedrooms | 20 | 18 | -10.0% |
| 4 Bedrooms | 1 | 1 | 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 remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Highland Lakes, 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 Lakes in October 2024, down by 11.1% month-over-month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% 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 |
|---|---|---|
| 45 Days | 55 Days | +22.2% |
Summary: Homes in Highland Lakes had an average of 55 days on market in Oct 2024, up by 22.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 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, 8 homes were sold in Highland Lakes; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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