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Parkland Bay Newsletter March 2022

Page 1

MARCH 2022 Edition

www.LIVEINParklan dBay.com 11555 Heron Bay Blvd. Suite 200 Coral Springs FL, 33076

Permit # 3018

954.609.0591 Michael@ParklandParrot.com

#1 PARKLAND REAL ESTATE TEAM 6 YEARS IN A ROW

PARKL AND

B AY

REAL ESTATE MARKET REPORT

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MARCH 2022 Edition

Michael Citron

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From Your Real Estate Expert

JUST SOLD

Michael Citron

REPRESENTED BUYER

The first quarter of 2022 has been eventful with record sales in every community. Those who have sold in Parkland Bay have seen a big return on their investment. There have been 8 Sales in the last 180 days and Median Sale Price of $1,137,500. The Year over Year growth has been exponential. Inventory remains at a low and the market continues to be in the Sellers’ favor. If you’re looking to cash out and reap the benefits of the equity you’ve built in your

8450 W Parkland Bay Trail

Loft

Pool

5 Beds

4 Full Baths

Waterfront

home, reach out to us, Parkland’s #1 Selling team, and get a record sale today. Please check our detailed market report for the cities of Parkland and Coral Springs in the Parkland Magazine presented by Michael Citron who gives his expert opinion on the overall market. Visit: LIVEINParklandBay.com to request a home market analysis and customized marketing plan or Call 954-609-0591.

P A R K L A N D

SINGLE FAMILY MARKET REPORT

B A Y

MARCH 2022 MARKET REPORT

Home values soared and inventory plummeted.

1

MEDIAN SALES PRICE*

NUMBER OF HOMES SOLD*

2020-2021 Comparison

ACTIVE LISTINGS

2020-2021 Comparison

$1,200,000

3

PENDING SALES

7

$1,100,000

6

$1,000,000 $900,000

5

$800,000

4

$700,000

$600,000

8

SOLD IN PAST 180 DAYS

3

$500,000

$400,000

2

$300,000

$200,000

1

$100,000

0

$1,137,500 MEDIAN SALES PRICE

0 OCT

NOV

DEC

JAN

OCT

NOV

DEC

JAN

2020 - 2021 * Data shown for the sales in Parkland Bay is based on the MLS and is deemed to be reliable but should be verified.

2021 - 2022

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Parkland Bay Newsletter March 2022 by Realtor Michael Citron - Issuu