$7,896 Closing Credit*
$664,888
1,519 SqFt
3 Beds
•1 Full Bath
Edgar Sarkisyan, Listing Office: Keller Williams Realty PS
Is Highland Park, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Highland Park was a Seller's Market.
Key Takeaway
Highland Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Highland Park, WA
How much do homes in Highland Park, WA cost?
Median Sold Price
$700,000
$517/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$110,000(+18.6%)
Key Takeaway
Homes in Highland Park have sold for 18.6% more than they did a year ago.
Summary: The median home sold price in Highland Park was $700,000 in September 2024, up 18.6% from last year, and the median price per square foot was $517.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $435K | $540K | +24.1% |
| 2 Bedrooms | $540K | $560K | +3.7% |
| 3 Bedrooms | $675K | $739K | +9.5% |
| 4 Bedrooms | $755K | $830.7K | +10.0% |
| 5+ Bedrooms | $892.2K | $1.4M | +62.5% |
Summary: Highland Park housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.1%, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 62.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Highland Park | $590K | $700K | +18.6% |
| White Center | $651.1K | $640.5K | -1.6% |
Housing Supply in Highland Park, WA
How many homes are available in Highland Park, WA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 19 | 33 | +73.7% |
Summary: The Highland Park real estate market had 33 homes for sale in September 2024, a 73.7% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 4 | 8 | +100.0% |
| 3 Bedrooms | 7 | 9 | +28.6% |
| 4 Bedrooms | 5 | 11 | +120.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Highland Park housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 120%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
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 Highland Park, 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 Highland Park in September 2024, down by 60.0% 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 Highland Park, WA
How long does it take to sell a home in Highland Park, WA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 47 Days | 13 Days | -71.6% |
Summary: Homes in Highland Park had an average of 13 days on market in Sep 2024, down by 71.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Highland Park are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 2 homes were sold in Highland Park; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.