Highland Lake's real estate market is experiencing a price correction, with values down 22.3% from last year. Home prices have increased 21.9% in the past month alone. With 2.0 months of supply, Highland Lake's inventory levels remain relatively tight. Properties are selling within just 30 days on average, much faster than the historical norm of 135 days. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Highland Lake market with the affordability index at 10456.9. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.