$5,451 Closing Credit*
$459,000
1,495 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: Coldwell Banker Realty
Is Highlands, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Highlands was a Seller's Market.
Key Takeaway
Highlands is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Highlands, NY
How much do homes in Highlands, NY cost?
Median Sold Price
$420,000
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,000(+5.0%)
Key Takeaway
Homes in Highlands have sold for 5% more than they did a year ago.
Summary: The median home sold price in Highlands was $420,000 in November 2024, up 5% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $200K | - | N/A |
| 2 Bedrooms | $292.2K | $392.5K | +34.3% |
| 3 Bedrooms | $415K | $420K | +1.2% |
| 4 Bedrooms | $417.5K | $440K | +5.4% |
| 5+ Bedrooms | $467.5K | $689K | +47.4% |
Summary: Highlands 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 34.3%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 47.4%.
Median Sold Price Compared To Nearby Cities
| Garrison | $662.5K | $715K | +7.9% |
| Highlands | $400K | $420K | +5.0% |
| Highland Falls | $404.9K | $415K | +2.5% |
Housing Supply in Highlands, NY
How many homes are available in Highlands, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 20 | -4.8% |
Summary: The Highlands real estate market had 20 homes for sale in November 2024, a 4.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 12 | 10 | -16.7% |
| 4 Bedrooms | 3 | 6 | +100.0% |
| 5+ Bedrooms | 4 | 1 | -75.0% |
Summary: The Highlands 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 increased by 50%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 75%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Highlands, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Highlands in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Highlands, NY
How long does it take to sell a home in Highlands, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 12 Days | 41 Days | +236.5% |
Summary: Homes in Highlands had an average of 41 days on market in Nov 2024, up by 236.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Highlands are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Highlands; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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Copyright © 2024 Hudson Valley Catskill Region MLS. All rights reserved. Real estate listings of brokerage firms other than Hudson Valley Catskill Region MLS are marked with the IDX logo and the detailed information about them includes the listing broker's name. This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.