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Fox Ridge October Monthly Market Update - 2021

Page 1

OCTOBER 2021 Edition

www.LIVEINFoxRidge.com

11555 Heron Bay Blvd. Suite 200 Coral Springs FL, 33076 954.609.0591 Michael@ParklandParrot.com

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Our Success in 2021

FOX RIDGE

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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Marketing Strategies: 4K Videos & Night Photography 10259 NW 62nd Court

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www.LIVEINFoxRidge.com

OCTOBER 2021 Edition

Michael Citron

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From Your Real Estate Expert, Michael Citron. Fall is here! Typically when school starts, our real estate market slows down. But, the last two years have been like no other! Fox Ridge’s median sales price is $805,000 which is just a little under the median sales price of all of Parkland at $810,000. In Parkland, homes are going under contract in just 17 days.

JUST LISTED! 10259 NW 62nd Court

Currently, there is 1 home for sale in Fox Ridge with only 61 total available homes in The City of Parkland.

5 Bedrooms

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 Full 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.

Screened In Pool Cul-De-Sac Lot

Visit: LIVEINFoxRidge.com to request a home market analysis and customized marketing plan or Call 954-609-0591.

FOX RIDGE SINGLE FAMILY MARKET REPORT

SOLD

9689 NW 59th Court

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

3 Baths

ACTIVE LISTINGS

2

PENDING SALES

4

SOLD IN PAST 90 DAYS

Huge Cul-De-Sac Lot $1,200,000

7

MEDIAN SALE PRICE

Screened In Pool

$1,100,000

6

$1,000,000 $900,000

5

SOLD

$800,000

10424 NW 59th Place

3

$500,000

2

4 Beds

$300,000

$200,000

1

3 Baths

$100,000

0

$30,000 Over List Price

4

$700,000

$600,000

$400,000

$805,000

$50,000 Over List Price

0 MAY

JUN

JUL

AUG

MAY

*Data shown for the sales in Fox Ridge is based on the MLS and is deemed to be reliable but should be verified.

JUN

JUL

2020

AUG

2021

Waterfront Lot Represented Buyer & Seller


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Fox Ridge October Monthly Market Update - 2021 by Realtor Michael Citron - Issuu