SEPTEMBER 2022 Edition
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REAL ESTATE MARKET REPORT
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6733 NW 105th Lane
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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. The Landings has 2 Homes available and 0 under contract, of which 0% of the homes have had price reductions. This data shows that homeowners have to be a bit more aggressive in their pricing strategy. The Landings has a just over 6 months supply of inventory which is averaging 21 days on market. 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.
6733 NW 105th Lane
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.
T H E
SINGLE FAMILY MARKET REPORT
2
MEDIAN SALES PRICE*
$300,000 Custom Upgrades
2021-2022 Comparison
7
$1,100,000
0/2
6
$1,000,000 $900,000
PRICE REDUCTIONS
5
$800,000
SOLD FOR $1,030,000 $30,000 OVER ASKING
4
$700,000
$600,000
21
AVERAGE DAYS ON MARKET
3
$500,000
$400,000
$200,000
0
$1,062,500
SOLD FOR $1,040,000 $40,000 OVER ASKING
2
$300,000
1
$100,000
MEDIAN SALES PRICE
4 Full Baths
NUMBER OF HOMES SOLD*
2021-2022 Comparison
PENDING SALES
SOLD IN PAST 180 DAYS
Pool
L A N D I N G S
$1,200,000
6
5 Beds
SEPTEMBER 2022 MARKET REPORT
0
ACTIVE LISTINGS
JUST LISTED $1,284,900
0 MAY
JUNE
JULY
AUG
MAY
JUNE
* Data shown for the sales in The Landings is based on the MLS as of September 14, 2022 and is deemed to be reliable but should be verified.
JULY
2021 2022
6518 NW 103rd Lane
6478 NW 103rd Lane
Represented Seller
Represented Buyer & Seller
AUG
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