DECEMBER 2021 Edition
www.LIVEINCypressHea d.com
Permit # 3018
11555 Heron Bay Blvd. Suite 200 Coral Springs FL, 33076 954.609.0591 Michael@ParklandParrot.com
#1 PARKL AND REAL ESTATE TEAM 5 YEARS IN A ROW
Our Success in 2021
CYPRESS HEAD
YEA R-TO -DATE
R E AL E STATE MAR KE T R E PORT
130 SALES
$90,779,264
15 PENDING
$15,521,640
How We Are Selling Our Homes For 103% Of Listing Price
6820 E Cypresshead Drive
JUST SOLD FULL DETAILS INSIDE
Presented by www. LIVEINCypressHea d.com
DECEMBE R 2021 Edition
Michael Citron
Get Your Free Home Evaluation Today Visit www.LIVEINCypressHead.com
Prepared Exclusively for
From Your Real Estate Expert, Michael Citron. JUST SOLD!
As the holidays approach, we can expect to see listings hitting the market a lot slower, as Sellers typically hold off putting their home on the market. Cypress Head’s median sales price is $1,284,000 which is around $400,000 greater than the median sales price of all of Parkland Single Family Homes at $885,000. In Parkland, homes are going under contract on average in just 27 days based on sales from the past 90 days.
6820 E Cypresshead Drive 5 Beds
Inventory is at an all time low, but I am forecasting that after the holidays and when mortgage interest rates rise, home inventory will increase causing the market to shift .
4.5 Baths
Please check out our detailed market report for the cities of Parkland and Coral Springs in the Parklander Magazine presented by Michael Citron who gives his expert opinion on the overall market.
Huge Bonus Room Pool
Visit: LIVEINCypressHead.com to request a home market analysis and customized marketing plan or Call 954-609-0591.
Represented Buyer & Seller
SOLD
CYPRESS HEAD SINGLE FAMILY MARKET REPORT
7801 Salem Lane
DECEMBER 2021 MARKET REPORT Home values soared and inventory plummeted.
3
MEDIAN SALES PRICE*
4 Beds 4.5 Baths
NUMBER OF HOMES SOLD*
2020-2021 Comparison
2020-2021 Comparison
Office
ACTIVE LISTINGS
2
PENDING SALES
6
SOLD IN PAST 90 DAYS
$1,284,000 MEDIAN SALE PRICE
$1,600,000
7
$1,400,000
6
$1,200,000
Represented Buyer & Seller
5
$1,000,000
4
$800,000 3 $600,000 2
$400,000
1
$200,000
0
0 JUL
AUG
SEP
OCT
JUL
*Data shown for the sales in Cypress Head is based on the MLS and is deemed to be reliable but should be verified.
AUG
SEP
2020
OCT
2021
Our Success in Cypress Head
1
FOR SALE
2
SOLD
$4,570,000 IN SALES