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Parkland Isles - July 2022

Page 1

JULY 2022 Edition

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

Permit # 3018

954.609.0591 Michael@ParklandParrot.com

#1 PARKL AND IS L ES REAL ESTATE TE A M IN 2021

PARKL AND THANKS FOR SUPPORTING US AND MAKING US THE

I S L ES

REAL ESTATE MARKET REPORT

#1 IN PARKLAND REAL ESTATE TEAM

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11205 NW 71st Ct

16oz Parrot Realty

UNDER CONTRACT

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HIGHEST SALE EVER IN PARKLAND ISLES

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JULY 2022 Edition

Michael Citron & Paula Alves

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From Your Real Estate Expert

Michael Citron

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. The Parkland Isles real estate market has seen some record sales by our team in the past 6 months. Although year over year we are seeing fewer sales in the community from this time last year due to the increase in inventory overall in Parkland. Now more than ever, you should list with our Top listing team to get you ahead of the curve and reach your real estate goals as we have set the highest record sales in the community as your resident realtors. 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.

SOLD FOR $1,108,000

HIGHEST SALE EVER IN PARKLAND ISLES WE ARE BREAKING OUR OWN RECORD!

SINGLE FAMILY MARKET REPORT

6

P A R K L A N D

JULY 2022 MARKET REPORT

3

ACTIVE LISTINGS

I S L E S

MEDIAN SALES PRICE*

NUMBER OF HOMES SOLD*

2021-2022 Comparison

PENDING SALES

1 0 9 8 0

2021-2022 Comparison

$1,200,000

N W

6 9 T H

P L A C E

6 Bedrooms

Pool

4 Bathrooms

Waterfront

7

$1,100,000

0/9

6

$1,000,000 $900,000

PRICE REDUCTIONS

5

$800,000

4

$700,000

$600,000

7

SOLD IN PAST 90 DAYS

11

AVERAGE DAYS ON MARKET

3

$500,000

$400,000

2

Highest

$300,000

$200,000

1

$100,000

0

$876,000 MEDIAN SALES PRICE

0 MAR

APR

MAY

JUNE

MAR

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

APR

MAY

2nd Highest

PARKLAND ISLES SALE IN 2021

PARKLAND ISLES SALE IN 2022

SOLD FOR $980,000

SOLD FOR $1,015,000

REPRESENTED BUYER & SELLER

REPRESENTED SELLER

JUNE

2021 2022


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