SEPTEMBER 2022 Edition
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10230 Sweet Bay Court
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SOLD FOR $2,400,000
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SEPTEMBER 2022 Edition
Michael Citron
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From Your Real Estate Expert
Michael Citron
The Back to School Market has certainly shown face. We are seeing the buyer demand slow down as many parents aren’t looking to make moves at the start of the school year. Inventory has increased across Parkland and there are certain communities that have larger months of supply. Parkland Golf has 15 Homes available and 8 under contract, of which 39% of the homes have had price reductions. This data shows that homeowners have to be a bit more aggressive in their pricing strategy. Parkland Golf has a 3 months supply of inventory. When you are looking to sell your home keep in mind to list with a Top Selling Realtor who uses a unique marketing campaign to get you the best offer. 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.
10230 Sweet Bay Court SOLD FOR $2,400,000 | REPRESENTED SELLER
SINGLE FAMILY MARKET REPORT
15
P A R K L A N D
SEPTEMBER 2022 MARKET REPORT
8
ACTIVE LISTINGS
MEDIAN SALES PRICE*
NUMBER OF HOMES SOLD*
2021-2022 Comparison
PENDING SALES
2021-2022 Comparison
$2,400,000
9/23
PRICE REDUCTIONS
G O L F
CASERAS MARKET REPORT
2
5 Beds
Pool
5.5 Baths
Waterfront
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0
ACTIVE LISTINGS
PENDING SALES
14
$2,200,000
0/2
12
$2,000,000 $1,800,000
10
$1,600,000 $1,400,000
PRICE REDUCTIONS
8
$1,200,000
14
SOLD IN PAST 90 DAYS
28
AVERAGE DAYS ON MARKET
6
$1,000,000
$800,000 $400,000 $200,000
7
AVERAGE DAYS ON MARKET
0 MAY
MEDIAN SALES PRICE
SOLD IN PAST 180 DAYS
2
0
$1,950,000
4
4
$600,000
JUNE
JULY
AUG
MAY
JUNE
* Data shown for the sales in Parkland Golf is based on the MLS as of September 14, 2022 and is deemed to be reliable but should be verified.
JULY
2021 2022
6 Beds
Pool
4 Bedrooms
Pool
5 Full Baths
Waterfront
3.5 Bathrooms
Waterfront
AUG
$687,500 MEDIAN SALES PRICE
7773 Marvanna Lane SOLD FOR $1,750,000 | REPRESENTED SELLER
10125 Emerson Lane SOLD FOR $1,025,000 | $75,000 OVER ASKING