JULY 2022 Edition
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Heron Bay - Heron Isles 12548 NW 74th Place
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SOLD FOR $1,700,000 $100,000 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 Heron Bay real estate market has seen some record sales in the past 90 days. There have been 5 price reductions in Heron Bay which indicates that the market is starting to slow down as we see the increased inventory. Yet the Heron Bay market remains a seller’s market, as there is still less than a months worth of inventory in Heron Bay.
12074 NW79th Ct
7276 NW 116th Lane | The HIghlands
SOLD FOR $1,490,000
SOLD $30,000 OVER ASKING
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.
H E R O N
SINGLE FAMILY MARKET REPORT
21
MEDIAN SALES PRICE*
PENDING SALES
NUMBER HOMES SOLD* MAR OFAPR MAY
2021-2022 Comparison
2021-2022 Comparison
$1,200,000
5/41
PRICE REDUCTIONS
TOWNHOME MARKET REPORT
JULY 2022 MARKET REPORT
20
ACTIVE LISTINGS
B A Y
JUNE
3
SOLD IN PAST 90 DAYS
28
AVERAGE DAYS ON MARKET
$985,000 MEDIAN SALES PRICE
REPRESENTING BUYER & SELLER | UNDER CONTRACT
SOLD $80,000 OVER ASKING
PENDING SALES
35
1/19
$1,100,000
30
$1,000,000 $900,000
25
$800,000
PRICE REDUCTIONS
20
$700,000
12500 NW 79th Manor | Sable Point
8022 NW 109th Lane
SOLD $100,000 OVER ASKING
SOLD FOR $975,000
15
$500,000
$400,000
19
10
$300,000
$200,000
SOLD IN PAST 180 DAYS
5
$100,000
0
6226 NW 128th Dr | The Falls
3
ACTIVE LISTINGS
$600,000
49
6327 NW 120th Dr | The Falls
16
AVERAGE DAYS ON MARKET
0 MAR
APR
MAY
JUNE
MAR
APR
MAY
2021 * Data shown for the sales in Heron Bay is based on the MLS as of July 18, 2022 and is deemed to be reliable but should be verified.
2022
JUNE
$504,000 MEDIAN SALES PRICE
6363 NW 120th Dr SOLD $103,000 OVER ASKING
6255 NW 120th Dr UNDER CONTRACT | OVER ASKING