$4,826 Closing Credit*
$406,400
1,600 SqFt
3 Beds
•2 Full Baths
Michael Eddings, Listing Office: MARK SPAIN REAL ESTATE
Is Highlands Reserve, 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, Highlands Reserve has remained a Seller's Market.
Key Takeaway
Highlands Reserve is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Highlands Reserve, FL
How much do homes in Highlands Reserve, FL cost?
Median Sold Price
$445,000
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$10,000(-2.2%)
Key Takeaway
Homes in Highlands Reserve have sold for 2.2% less than they did a year ago.
Summary: The median home sold price in Highlands Reserve was $445,000 in October 2024, down 2.2% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $384K | $408.5K | +6.4% |
| 4 Bedrooms | $434.5K | $414K | -4.7% |
| 5+ Bedrooms | $503.7K | $491.2K | -2.5% |
Summary: Highlands Reserve 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 did not change, 3 bedroom homes increased by 6.4%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes decreased by 2.5%.
Housing Supply in Highlands Reserve, FL
How many homes are available in Highlands Reserve, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 31 | +10.7% |
Summary: The Highlands Reserve real estate market had 31 homes for sale in October 2024, a 10.7% increase 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 15 | 18 | +20.0% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Highlands Reserve 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 6 | +500.0% |
Asking Price vs. Sold Price
4 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 Highlands Reserve, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Highlands Reserve in October 2024, up by 500.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Highlands Reserve, FL
How long does it take to sell a home in Highlands Reserve, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 82 Days | 101 Days | +23.7% |
Summary: Homes in Highlands Reserve had an average of 101 days on market in Oct 2024, up by 23.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Highlands Reserve are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 6 homes were sold in Highlands Reserve; 33% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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