Mon Dec 11 2023
This week the median list price for Highland Beach, FL is $14,200,000 with the market action index hovering around 20. This is an increase over last month's market action index of 18. Inventory has decreased to 13.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
|Median List Price||$14,200,000|
|Median Price of New Listings||$0|
|Per Square Foot||$2,037|
|Average Days on Market||225|
|Median Days on Market||119|
|Slight Buyer's Advantage|
The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$27,950,000||9,193||1 - 2.5 acres||6||9||7||0||0||217|
|$14,995,000||6,060||0.25 - 0.5 acre||5||6.5||30||0||0||119|
|$6,500,000||5,282||0.25 - 0.5 acre||4||5.5||22||0||0||56|
|$4,195,000||3,858||8,000 - 10,000 sqft||4||4.3||32||0||1||66|