Home Prices in Highland Beach for May 2017

By
Real Estate Agent with Best Connections Realty, Inc. 3087750

 

Home Prices in Highland Beach FL for May 2017

 

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

 

 

dog friendly condos for sale in highland beach fl
 
 
 
Market stats for May 2017 show a marked increase in the price for closed sales of condos, villas and townhomes in Highland Beach FL in both price and number of untis sold - 22.  There were also 4 single family homes sold, which is a big increase over prior months, where none were sold.  Highland Beach real estate is hot!
If 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 and will work with you is a must.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 quickly due to low inventory. 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 condo or home on which you are making an offer.  
It can be more difficult if you are looking for pet friendly condos in Highland Beach, Florida.  That is challenging, to say the least!
Low inventory suggests that condos are not sitting on the market for very long.  This is the market we are in. Low inventory in Highland Beach often 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 mortgage rates are rising.  Low inventory and higher mortgage rates are one indicator that prices should continue to rise.  

  

pet friendly condos for sale in highland beach fl

 Highland Beach Real Estate Report Summary

 

In May 2017, there were 4 single family homes closed in Highland Beach, FL.  That's a change from the past few months where no single family homes were sold!  

In May, 2017, the average list price for single family homes was $ 2,337,250.  The average list price per square foot for single family homes was $ 530.  

In May 2017, the average sold price for single family homes in Highland Beach FL was $ 2,121,250 with  a sold price per square foot of $ 483.  Average days on market was 22.

In May 2017, there were 22 condos, villas and townhouses sold in Highland Beach FL.

 

In May 2017, the average list price for condos, villas and townhomes in Highland Beach FL was $ 903,349.  Average list price per square foot was $ 452.  This shows a marked increase over last month in both price per square foot and closed sales. Average days on market was 132.

 

 If you are interested in current inventory or condos for sale in Highland Beach FL, click on that link.  

If you are interested in homes for sale in Highland Beach FL, click here.

 

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   Boca Raton Real Estate Agent  and can be reached at (561) 716-7824, by text or by email at Elyse@ElyseBerman.com.

 

 

 All information deemed accurate but not guaranteed or warranted.

   

 

Posted by

Elyse BermanFor information about pet-friendly housing in Boca Raton, Delray Beach, Highland Beach, Boynton Beach or Boca Raton real estate market, please contact me. I am a Boca Raton Real Estate Agent.

Contact Elyse:
By Email: Elyse@ElyseBerman.com
By Text - 561-716-7824
Cell - 561-716-7824

Elyse Berman, PA, CRS, ABR, GRI, e-PRO of Best Connections Realty, Inc. serving Boca Raton FL and the surrounding cities of Highland Beach, Delray Beach, Boynton Beach, Lake Worth, Wellington, Deerfield Beach, Hillsboro Beach, Lighthouse Point, Fort Lauderdale, Hollywood Beach and Hallandale Beach.

 

REVIEWS FOR ELYSE BERMAN | SEARCH ALL ACTIVE LISTINGS

 

 

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Disclaimer:  The information contained in this blog should not be solely relied upon and should be independently verified by professional sources.  The opinions expressed herein are solely mine. 

All information is deemed accurate but not guaranteed. All statistical information was obtained from BMLS.   Many articles may be time and date sensitive.  Please be sure to look at the date it was posted. 

No reproduction is permitted without the author's express permission.

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Rainmaker
4,798,469
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 keeping us informed about the Highland Beach, FL real estate market.

Jun 28, 2017 04:22 AM #1
Rainmaker
3,556,595
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Elyse. Highland Beach will continue to be in high demand for its weather and beaches! Thanks for the update. Enjoy your day!

Jun 28, 2017 05:15 AM #2
Rainmaker
4,432,726
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your housing market. Thank you for sharing.

Jun 28, 2017 06:20 AM #3
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Rainmaker
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Elyse Berman, PA

Boca Raton FL (561) 716-7824 CRS, ABR, GRI,ePR
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