JULY 2022 Edition
www.LIVEINWhittierOaks.com 11555 Heron Bay Blvd. Suite 200 Coral Springs FL, 33076
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954.609.0591 Michael@ParklandParrot.com
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REAL ESTATE MARKET REPORT
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6478 NW 103rd Lane
16oz Parrot Realty
SOLD $40,000 OVER ASKING
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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 Parkland real estate market has seen some record sales in the past 90 days. We can certainly see price reductions in Parkland 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.
SOLD IN FOX RIDGE
SOLD FOR $1,040,000
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.
$40,000 OVER ASKING
6 4 7 8
P A R K L A N D
SINGLE FAMILY MARKET REPORT
141
JULY 2022 MARKET UPDATE
60
ACTIVE LISTINGS
MEDIAN SALES PRICE*
PRICE REDUCTIONS
SOLD IN PAST 180 DAYS
AVERAGE DAYS ON MARKET
3.5 Baths
Waterfront
Represented Buyer and Seller
$1,100,000
90
$1,000,000 $900,000
75
$800,000
60
SOLD IN MAYFAIR
$600,000
25
Pool
105
$700,000
297
5 Bedrooms
L A N E
2021-2022 Comparison
$1,200,000
35/201
1 0 3 R D
NUMBER OF HOMES SOLD*
2021-2022 Comparison
PENDING SALES
N W
SOLD FOR $710,000
45
$500,000
$400,000
30
$80,100 OVER LIST PRICE
$300,000
$200,000
15
$100,000
0
$1,100,000 MEDIAN SALES PRICE
0 MAR
APR
MAY
JUNE
MAR
APR
MAY
JUNE
6 3 4 9
N W
2021 * Data shown for the sales in Parkland is based on the MLS as of July 18, 2022 and is deemed to be reliable but should be verified.
2022
7 8 T H
D R I V E
4 Bedrooms
Custom Upgrades
2.5 Bathrooms
Represented Seller