JULY 2022 Edition
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JULY 2022 Edition
Michael Citron & Stephanie 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 Watercrest real estate market has seen some record sales in the past 90 days. We can certainly see price reductions in Watercrest as homeowners are trying to compete with neighbors for the next sale. 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.
JUST LISTED
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.
LISTED AT $999,900 9 2 1 0
W A T E R C R E S T
SINGLE FAMILY MARKET REPORT
8
JULY 2022 MARKET REPORT
4
ACTIVE LISTINGS
MEDIAN SALES PRICE*
2/12
PRICE REDUCTIONS
D R
E
5 Bedrooms
Custom Upgrades
3.5 Baths
Represented Seller
NUMBER OF HOMES SOLD*
2020-2021 Comparison
PENDING SALES
M E R I D I A N
2020-2021 Comparison
$1,600,000
7
$1,400,000
6
$1,200,000
5
$1,000,000
4
$800,000
10
SOLD IN PAST 90 DAYS
12
AVERAGE DAYS ON MARKET
3
SOLD FOR $1,650,000
$600,000
2
$400,000
$50,100 OVER ASKING
1
SOLD FOR $1,360,000 $60,000 OVER ASKING
$200,000
0
$1,367,500 MEDIAN SALES PRICE
0 MAR
APR
MAY
JUNE
MAR
* Data shown for the sales in Watercrest is based on the MLS as of July 18, 2022 and is deemed to be reliable but should be verified.
APR
MAY
JUNE
9065 WATERCREST CIR W
10982 PINNACLE WAY
2021
5 Bedrooms
Loft
5 Beds + Office
Loft
2022
5.5 Bathrooms
Pool
4 Bathrooms
Represented Seller