OCTOBER 2021 Edition
www.LIVEINCypressHead.com
11555 Heron Bay Blvd. Suite 200 Coral Springs FL, 33076 954.609.0591 Michael@ParklandParrot.com
#1 PA R K L A N D R E A L E S TAT E T E A M 5 Y E A R S I N A R O W
Our Success in 2021
CYPRESS HEAD
Y E A R - TO - DAT E
R E A L E S TAT E M A R K E T R E P O R T
112 SALES
18 PENDING
$76,928,974
$16,489,530
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www.LIVEINCypressHead.com
OCTOBER 2021 Edition
Michael Citron
Prepared Exclusively for
Get Your Free Home Evaluation Today Visit www.LIVEINCypressHead.com From Your Real Estate Expert, Michael Citron. UNDER CONTRACT!
Fall is here! Typically when school starts, our real estate market slows down. But, the last two years have been like no other! Cypress Head’s median sales price is $1,150,000 which is $340,000 greater than the median sales price of all of Parkland at $810,000. In Parkland, homes are going under contract in just 17 days.
6820 E Cypresshead Drive
Currently, there is 1 home for sale in Cypress Head with only 61 total available homes in The City of Parkland.
5 Beds
Inventory is still very low, but I am forecasting that when mortgage interest rates rise towards the end of the year and into 2022, 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.
CYPRESS HEAD SINGLE FAMILY MARKET REPORT
SOLD 7801 Salem Lane
OCTOBER 2021 MARKET REPORT Home values soared and inventory plummeted.
1
4 Beds
MEDIAN SALES PRICE*
NUMBER OF HOMES SOLD*
2020-2021 Comparison
2020-2021 Comparison
4.5 Baths
ACTIVE LISTINGS
5
PENDING SALES
11
SOLD IN PAST 90 DAYS
$1,150,000 MEDIAN SALE PRICE
Office $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 MAY
JUN
JUL
AUG
MAY
*Data shown for the sales in Cypress Head is based on the MLS and is deemed to be reliable but should be verified.
JUN
JUL
2020
AUG
2021
Our Success in Cypress Head
1
FOR SALE
1
PENDING
1
SOLD
$4,570,000 IN SALES