Home Prices in Highland Beach FL for May 2016
Real Estate Market Data provided by Elyse Berman of Realty Associates Florida Properties.
We continue to see higher prices on home prices in Highland Beach and don’t expect things to slow down anytime soon. If you are considering buying a home you can still find deals on a 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 homes 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.
Highland Beach Real Estate Report Summary
In May 2016, the average list price for single family homes in Highland Beach FL was $ 17,950.00. Average list price per square foot for single family homes was $ 609.
In May 2016, the average sold price for single family homes, in Highland Beach was $ 2,475,000. Average price per square foot for closed sales was $ 15,638. There was one single family home sold in May.
In May 2016, the average list price for condos, villas and townhomes in Highland Beach FL was $ 673,238. Average list price per square foot for condos, villas and townhomes was $ 364.
In May 2016, the average sold price for condos, villas and townhomes in Highland Beach FL was $ 627,191. Average price per square foot for closed sales was $ 340. This is slightly down from last month.
Find Homes for Sale in Highland Beach FL
To find out what you home is worth in the current market email me or call 561-716-7824.
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 a 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.
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.
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.
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