SEPTEMBER 2022 Edition
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THE
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REAL ESTATE MARKET REPORT
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6090 NW 66th Avenue
SOLD FOR $1,320,000
16oz Parrot Realty
$20,000 OVER ASKING
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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 Ranches has 1 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 Ranches has had a relatively slow year in sales as there have only been 4 sales in the last 6 months. 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.
6090 NW 66th Avenue
T H E
SINGLE FAMILY MARKET REPORT
1
MEDIAN SALES PRICE*
SOLD IN PAST 180 DAYS
131
AVERAGE DAYS ON MARKET
Represented Seller
7
$2,200,000
6
$2,000,000 $1,800,000
5
$1,600,000
4
$1,400,000
$1,200,000
4
Pool
2021-2022 Comparison
$2,400,000
PRICE REDUCTIONS
4 Baths
NUMBER OF HOMES SOLD*
2021-2022 Comparison
PENDING SALES
0/1
4 Beds
SEPTEMBER 2022 MARKET REPORT
0
ACTIVE LISTINGS
SOLD FOR $1,320,000 | $20,000 OVER ASKING
R A N C H E S
SOLD FOR $1,100,000
3
$1,000,000
$800,000
5831 NW 80th Terrace
2
$600,000
$400,000
Represented Seller
1
SOLD FOR $1,905,000
SOLD FOR $1,412,500 $110,000 OVER LIST PRICE
6173 NW 62nd Terrace
5328 NW 79th Way
Represented Seller
Represented Seller
$200,000
0
$1,899,975 MEDIAN SALES PRICE
0 MAY
JUNE
JULY
AUG
MAY
JUNE
JULY
2021 * Data shown for the sales in The Ranches is based on the MLS as of September 14, 2022 and is deemed to be reliable but should be verified.
2022
AUG
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