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Highland Beach FL Real Estate Market Report - January 2012

By Elyse Berman, PA

Real Estate Agent with LoKation Real Estate 3087750

February 07, 2012 12:38 PM

Highland Beach FL Real Estate Market Report - January 2012

The Highland Beach Real Estate Market continues to show that when homes are priced right, they sell. In my opinion, we remain in a price-driven market. There were 12 closed sales in Highland Beach this month, 9 less than last month. Closed sales of attached housing (condos, villas and townhomes) were down again this month over last. There was only 1 single family home sold and none last month. There is a good supply of condos and homes available at this time with some at prices not seen in many years.

The chart below is based on information taken from the Multiple Listing Service and sold by various MLS participants. It does not include private sales. It is deemed accurate but not guaranteed or warranted. Here is the breakdown.

TOTAL

ATTACHED

DETACHED

TOTAL

12

11

1

DOM

232

191

673

LIST PRICE/

SALE PRICE

$ 596,904/

$ 539,083

( 91.93 %)

$ 514,805/

$ 476,273

( 92.84 % )

$ 1,500.000/

$ 1,230,000

( 82 % )

As of January 31, 2012 there were 051 Active Listings for sale in Highland Beach. There were 18 properties that were Contingent, meaning they were waiting for a contingency in their contracts to be met, and 16 properties that were Pending Sale waiting to close.

Please note that these numbers are a broad reference point. Always consult a Boca Raton Real Estate Agent for information on the specific community you're interested in.

For more information on the Highland Beach Real Estate Market or to buy or sell a home in the Boca Raton, Delray Beach or Highland Beach area, please contact me. I am a Boca Raton Real Estate Agent. I can be reached at (561) 716-7824 or by email at Elyse@ElyseBerman.com.