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Country's Point - July 2022

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JULY 2022 Edition

www.LIVEINCountr ysPoint .com 11555 Heron Bay Blvd. Suite 200 Coral Springs FL, 33076

Permit # 3018

954.609.0591 Michael@ParklandParrot.com

CO UNTRY PL AC E · CO UNTRY PO INT ESTATES · SA B LE PA SS

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P OI N T

REAL ESTATE MARKET REPORT

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6050 NW 68th St

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JULY 2022 Edition

Michael Citron

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From Your Real Estate Expert

Michael Citron

SOLD

The Summer Selling Season is well underway. We have seen the inventory increase to near Pre-Covid numbers in Parkland. Although Parkland remains in an overall seller’s market we can see shifts to a buyer’s market in certain communities.

$10,000 OVER ASKING

6050

Country’s Point market has seen some record sales in the past 90 days. We can certainly see price reductions becoming more frequent overall in Parkland as well as Country’s Point as inventory has increased buyers now have more homes to choose from resulting in more homes staying in the active market longer.

NW 68th St

5 Bedrooms

Please be on the lookout for our market update in the Parklander every month for an in-depth look into the market and past sales in Parkland & Coral Springs as well as my personal insight as to what we can expect in the 3rd quarter of 2022.

SINGLE FAMILY MARKET REPORT

2

Screened In Pool

C O U N T R Y ’ S

P O I N T

JULY 2022 MARKET REPORT

2

ACTIVE LISTINGS

Large Living Room

MEDIAN SALES PRICE*

2021-2022 Comparison

$1,200,000

SOLD

7

$10,000 OVER ASKING

$1,100,000

1/4

6

$1,000,000 $900,000

PRICE REDUCTIONS

Represented Buyer and Seller

NUMBER OF HOMES SOLD*

2021-2022 Comparison

PENDING SALES

4 Full Baths

6051

5

$800,000

NW 63rd Place

4

$700,000

$600,000

15

SOLD IN PAST 180 DAYS

10

AVERAGE DAYS ON MARKET

3

$500,000

$400,000

4 Bedrooms

2

4 Baths

$300,000

$200,000

1

Screened In Pool

$100,000

0

$860,000 MEDIAN SALES PRICE

0 MAR

APR

MAY

JUNE

MAR

* Data shown for the sales in Country’s Point is based on the MLS as of July 18, 2022 and is deemed to be reliable but should be verified.

APR

MAY

JUNE

2021 2022

Waterfront Lot


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