JULY 2022 Edition
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JULY 2022 Edition
Michael Citron
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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 Ternbridge real estate market has seen some record sales in the past 90 days. There have been 0 price reductions in Ternbridge as inventory tends to move a bit quicker with Buyers interested in the gated community with large lots and the East Parkland location. 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.
UNDER CONTRACT LISTED AT $999,900
T E R N B R I D G E
SINGLE FAMILY MARKET REPORT
JULY 2022 MARKET REPORT
6 5 1 8
3
0
ACTIVE LISTINGS
MEDIAN SALES PRICE*
NUMBER OF HOMES SOLD*
2021-2022 Comparison
PENDING SALES
L A N E
5 Bedrooms
Pool
4 Baths
Waterfront
7
$1,100,000
0/3
6
$1,000,000 $900,000
PRICE REDUCTIONS
6 4 7 8
5
$800,000
19
AVERAGE DAYS ON MARKET
3
$500,000
2
$300,000
$200,000
1
$100,000
0
$918,389 MEDIAN SALES PRICE
1 0 3 R D
5 Bedrooms
Pool
3.5 Baths
Waterfront
0 MAR
APR
MAY
JUNE
L A N E
$40,000 OVER ASKING
$600,000
$400,000
N W
SOLD FOR $1,040,000
4
$700,000
6
1 0 3 R D
2021-2022 Comparison
$1,200,000
SOLD IN PAST 180 DAY
N W
MAR
APR
MAY
JUNE
2021 * Data shown for the sales in Ternbridge is based on the MLS as of July 18, 2022 and is deemed to be reliable but should be verified.
2022
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