Highlands East Real Estate Statistics

Highlands East Real Estate Price Trend
Highlands East real estate average sold price in the last 30 days (February 27 - March 27) was $425,000, which is $11,250 (2.6%) higher than the average price of $413,750 in the previous 30 day period (January 28 - February 26), and $100,500 (23.6%) up from the same period 1 year ago ($324,500). Highlands East real estate prices over the last 30 days are also $51,866 (12.2%) lower than the average selling price of $476,866 over the past year.
Highlands East average sold price for homes was $513,500 in the last 30 days (February 27 - March 27), which is $99,750 (19.4%) up from the average home price of $413,750 in the previous 30 day period (January 28 - February 26), and $189,000 (36.8%) higher than the same period 1 year ago ($324,500). In the last 30 days Highlands East the average home price was $36,634 (7.1%) higher than the average selling price of $476,866 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Highlands East real estate was $425,000 in the last 30 days (February 27 - March 27), which is collectively $15,666 (3.0%) lower than the average asking price of $521,814. This represents an increase of $24,809 (61.3%) compared to $40,475 (7.8%) Sold-Under-Asking price from the previous 30 day period (January 28 - February 26).
The maximum Sold Over/Under Asking ratio in Highlands East during the last 12 months was recorded in April, 2023 with an average of $40,250 over the asking price, while the minimum occurring in October, 2023 with $74,642 below the asking price.
Sales to New Listings Ratio
Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Highlands East was 21.4% with 3 properties sold and 2 new properties listed in the past 30 days (February 27 - March 27). This represents a decrease from 200.0% recorded during the previous 30 day period (January 28 - February 26), and a decrease from 200.0% compared to the same period one year ago.
Over the the last year the highest SNLR in Highlands East was 3,580.0% recorded in July and the lowest was in April at 18.2%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 3 properties that were successfully sold in Highlands East in the last 30 days (February 27 - March 27) was 46 days, which is 53 days less than 99 days average in the previous 30 day period (January 28 - February 26) and 22 days longer than during the same period a year ago (24 days).
There were 1 delisted properties in Highlands East, those that got either Expired, Suspended or Terminated over the last 30 days (February 27 - March 27) with an average of 65 days on the market. This is 65 days longer than the average of 0 days during the previous 30 day period (January 28 - February 26) and 160 days less compared to the same period last year average of 225 days on the market.
1 Highlands East properties that didn't sell stayed on the market 41.3% longer than 3 that sucessfully sold over the last 30 days - 46 days when sold vs 65 days when delisted respectively.
Average Days on the Market in Highlands East over the past 12 months for properties that have sold was 64.2 days, with 89.2 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
14 new properties were listed on the market in Highlands East in the last 30 days (February 27 - March 27). During the same time 3 properties were sold and 1 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 10 properties (or 71.4%).
During the previous 30 day period (January 28 - February 26) there were 2 new properties listed, 4 sold and 0 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was April with 11 new properties listed, the slowest - March with 1 new listings and a yearly average of 5 new listings per month.
New Real Estate Listings by Property Type
There were a total of 8 homes listed during the last 30 days (February 27 - March 27), which is 57.1% of all properties listed in Highlands East. This is a 300.0% increase compared with a previous 30 day period (January 28 - February 26) and 700.0% up from the same period a year ago. Over the past year an average of 4 homes are were listed per month.
Real Estate Sales by Property Type
There were a total of 2 homes sold during the last 30 days (February 27 - March 27), which is 66.7% of all properties sold in Highlands East. This is a 50.0% decline compared with a previous 30 day period (January 28 - February 26) and 0.0% down from the same period a year ago. Over the past year an average of 21 homes are were sold per month.
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