South Florida

Highland Beach, FL

Single-Family Homes

Real Estate Market Reports



Highland Beach, FL

Fri Jun 21 2024
This week the median list price for Highland Beach, FL is $4,747,500 with the market action index hovering around 28. This is less than last month's market action index of 31. Inventory has increased to 10. Click here to stay informed with the Highland Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

While prices have recently plateaued, this is a buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Highland Beach, FL

Fri Jun 21 2024
This week the median list price for Highland Beach, FL is $4,747,500 with the market action index hovering around 28. This is less than last month's market action index of 31. Inventory has increased to 10. Click here to stay informed with the Highland Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

While prices have recently plateaued, this is a buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Real-Time Market Profile

Never miss important changes in the Highland Beach market.
Median List Price $4,747,500
Median Price of New Listings $0
Per Square Foot $1,450
Average Days on Market 309
Median Days on Market 179
Price Decreased 40%
Price Increased 0%
Relisted 10%
Inventory 10
Median Rent
Market Action 28
Slight Buyer's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$17,000,000 6,339 0.25 - 0.5 acre 4 7 22 0 0 542
$12,625,000 6,768 0.25 - 0.5 acre 5 6.8 26 0 0 252
$4,500,000 4,232 0.25 - 0.5 acre 5 5 43 0 0 105
$3,100,000 3,484 6,500 - 8,000 sqft 4 4 25 0 0 252