Is Highland Lakes, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Highland Lakes is a buyer's market

Buyer's
Market

Difference Since November 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

$275,000

$174/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since November 2023.

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 November 2024, the same as last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $249K$259.9K
+4.4%
3 $290K$279.9K
-3.5%
4 --
N/A
5+ --
N/A

Summary: Highland Lakes housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.4%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Highland Lakes
0.0%
Legacy of Leesburg
-5.9%

Housing Supply in Highland Lakes, FL

How many homes are available in Highland Lakes, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3631-13.9%

Summary: The Highland Lakes real estate market had 31 homes for sale in November 2024, a 13.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1514
-6.7%
3 2016
-20.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Highland Lakes housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 6.7%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
83-62.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Highland Lakes, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Highland Lakes in November 2024, down by 62.5% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% 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

Nov 2023Nov 2024CHANGE
68 Days64 Days-5.4%

Summary: Homes in Highland Lakes had an average of 64 days on market in Nov 2024, down by 5.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Highland Lakes has remained consistent over time.

Summary: During November 2024, 3 homes were sold in Highland Lakes; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Highland Lakes, FL

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