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Home Prices in Highland Beach for August 2016

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Real Estate Agent with LoKation Real Estate 3087750

Home Prices in Highland Beach FL for August 2016

 

Real Estate Market Data provided by Elyse Berman of Realty Associates Florida Properties.

dog friendly condos for sale in highland beach fl
Home prices in Highland Beach FL showed a significant increase this month over last.   There were 2 single family homes  sold.  That is an increase over last month when no homes were sold. 
Market stats for August show a decrease in price of closed sales of condos, villas and townhomes in Highland Beach FLIf you are considering buying a home you can still find deals on a condo or house in Highland Beach, but having a good real estate agent who understands the market is a must.
Don’t wait on the sidelines for too long. Many of our listings are selling within a few days of hitting the market. As you can see from the graph below, listings are not selling exactly for asking price. To make sure you don't overpay for your home, you'll want to have an agent that does a thorough market analysis of the Highland Beach home on which you are making an offer.

If you are interested in how much current inventory is on the market in Highland Beach you can find that information by clicking on the link. 

Low inventory suggests that condos are not sitting on the market for very long.  That is the market we are in. Low inventory in Highland Beach on has multiple offers coming in on homes similar to what we saw back in 2007. I wouldn't expect home prices to run up quite as fast as they did back then as banks have gotten a lot stricter on lending guidelines and are no longer giving a loan to anyone with a pulse. But low inventory is one indicator that prices should continue to rise.

 

pet friendly condos for sale highland beach flHighland Beach Real Estate Report Summary


In August 2016, the average list price for single family homes in Highland Beach FL was $ 4,297,500.  Average list price per square foot for single family homes was $ 1157. 

In August 2016,  the average sold price for single family homes in Highland Beach FL was $ 3,812,500.  Average list price per square foot for single family homes was $ 1032. 

There were 2 single family homes sold in August 2016 in Highland Beach FL.

 

In August 2016, the average list price for condos, villas and townhomes in Highland Beach FL was $ 541,242.  Average list price per square foot for condos, villas and townhomes was $ 342.

In August 2016, the average sold price for condos, villas and townhomes in Highland Beach FL was $ 510,042.  Average price per square foot for closed sales was $ 323.  This  shows a decline from last month.

There were 12 condos sold in August in Highland Beach FL.

 

 

Find Homes for Sale in Highland Beach FL

homes for sale in highland beach fl

 

Visit my website to search for condos in Highland Beach or to be notified when Highland Beach homes for sale come on the market.

Find out what you home is worth for free in the current market.  You can call/text 561-716-7824 or email me.

 

For more information about pet-friendly housing in Boca Raton FL and Boca Raton, Highland Beach or Delray Beach Real Estate, please contact me. I am aBoca Raton Real Estate Agent and can be reached at (561) 716-7824, by text or by email atElyse@ElyseBerman.com.

 

 All information deemed accurate but not guaranteed or warranted.

   

 

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Helping buy and sell Boca Raton, Highland Beach, Delray Beach, Boynton Beach and surrounding areas.

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Comments(3)

Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Elyse.  Thanks for the information and update for the Highland Beach real estate market.

Sep 07, 2016 08:53 PM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Elyse. Highland Beach seems to always be a hot market. Enjoy your day!

Sep 07, 2016 10:06 PM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Elyse - the key to finding the best fit is have a knowledgeable Realtor like yourself.

Sep 08, 2016 08:37 AM