New Streak in Price Cuts for Highland Park Real Estate Market

This week in the Highland Park market, sales fell to 13 homes sold over the last 30 days, even as it endures an identifiable upward trend in price reductions, with 35 reported in the same time frame. While the number of sellers reducing prices were solid, months of inventory were further reduced to 12, extending a downward trend to four weeks. Highland Park is a definite buyer's market, thanks to such a large amount of inventory to choose from and the pullback in sales numbers.

For a potentially great deal, make sure you look at these listings that had large price cuts in Highland Park:

$5.9M   $12M   $8.5M  

Get started right now by checking out Highland Park homes for sale or reviewing Highland Park real estate trends.

Demographic facts about Highland Park:

  • The median age of the population is 45 years old.
  • This area has a health cost index score of 100.0. (100 = national average)
  • Here are some of the distributions of commute times for the area: <15 min (40.0%), 15-29 min (47.2%), 30-44 min (9.6%), 45-59 min (1.4%), >60 min (1.8%).

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Justin Henry Real Estate Advisors LLC
43 reviews
Coldwell Banker
Snapped 5 homes in this area
RE/MAX DFW Associates
Snapped 1 home in this area

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