Interested in Highland Beach condo recent sales? Or, townhouses? Here is your real estate market trend report for Highland Beach condos and townhouses. Recent sales for the last 3 months, as of September 9, 2023, range from $460,000 up to $4,000,000.
Some other interesting observations about Highland Beach condo recent sales:
- In general, sellers receive prices close to their asking price. The median ratio of sold price to asking price was 0.95, which is a discount of 5% from list price.
- The median days on the market is 64 days. It’s taking a little over 2 months for a property to go under contract.
- The range of sold price per living square foot is $313 up to $1,407.
Now that you know what has sold, here is a list of Highland Beach condos and townhouses currently for sale:
Current Market Overview
Highland Beach, Florida, is a coastal paradise known for its pristine beaches, upscale amenities, and luxury properties. It’s essential for both buyers and sellers to stay informed about the latest trends and statistics in the Highland Beach real estate market.
The Highland Beach real estate market shows resilience and growth in recent years:
- Steady Price Appreciation: Over the past few years, Highland Beach properties have witnessed significant price appreciation. This trend is driven by high demand from both local and international buyers who are drawn to the area’s stunning oceanfront properties and world-class amenities.
- Low Inventory: Highland Beach is a small and exclusive community. However, the inventory of properties for sale can be limited. This low supply relative to demand keeps prices competitive and often leads to multiple offer situations.
- Luxury Living: Highland Beach properties offer the epitome of luxury living. Buyers are attracted to the private beach access, concierge services, and breathtaking ocean and intracoastal views that these properties provide.
The Highland Beach real estate market remains strong and continues to attract buyers and investors seeking a slice of paradise along the Florida coast. Whether you’re buying or selling, staying informed about market trends is crucial to making sound real estate decisions. With limited inventory and strong demand, it’s an exciting time to be a part of the Highland Beach real estate community. If you’re considering a move or investment in this market, reach out to Natasha at (561) 352-6932 for personalized guidance and assistance.