DECEMBER 2021 Edition
www.LIVEINHeronBay.com
Permit # 3018
11555 Heron Bay Blvd. Suite 200 Coral Springs FL, 33076 954.609.0591 Michael@ParklandParrot.com
#1 HERON BAY REAL ESTATE TEAM
Our Success in 2021
HERON BAY
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
Heron Bay - Sable Pointe 8022 NW 125th Terrace
Under Contract FULL DETAILS INSIDE
Presented by www. LIVEINHeronBay.com
DECEMBE R 2021 Edition
Michael Citron
Prepared Exclusively for
Get Your Free Home Evaluation Today Visit www.LIVEINHeronBay.com
Prepared Exclusively for
From Your Real Estate Expert, Michael Citron. 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. Heron Bay’s median sales price is $720,500 which is around $160,000 less 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.
UNDER CONTRACT! 8022 NW 125th Terrace
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 .
5 Bedrooms
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.
4 Full Baths Waterfront Lot With Pool
Visit: LIVEINHeronBay.com to request a home market analysis and customized marketing plan or Call 954-609-0591.
NUMBER OF HOMES SOLD*
2020-2021 Comparison
2020-2021 Comparison
7
SOLD IN PAST 90 DAYS
$720,000
MEDIAN SALE PRICE
$400,000
SOLD IN PAST 90 DAYS
15
$300,000
$411,000
10 $200,000 5
$100,000
0
MEDIAN SALE PRICE
0
JUL
AUG
SEP
OCT
JUL
*Data shown for the sales in Heron Bay is based on the MLS and is deemed to be reliable but should be verified.
AUG
SEP
2020
D
D L
16
20
$500,000
S
55
25
$600,000
12020 NW 62nd Court
$55,000 Over List Price
O
$700,000
$70,000 Over List Price
$100,000 Over List Price
PENDING SALES
30
Custom Pool
S
35
$800,000
D
$900,000
L
40
O
$1,000,000
D
PENDING SALES
Waterfront
ACTIVE LISTINGS
L
29
1
Office
6 Full Baths / 2 Half Baths
S
ACTIVE LISTINGS
TOWN HOUSE MARKET REPORT
S
14
MEDIAN SALES PRICE*
5 Beds
O
SINGLE FAMILY MARKET REPORT
DECEMBER 2021 MARKET REPORT Mortgage Rates Rising & Inventory Remains Low.
12790 NW 73rd Street
O
HERON BAY
L
The Colony
7500 NW 124th Ave
8236 NW 121st Way SOMERSET
THE VISTAS
THE FALLS
OCT
2021
Our Success in Heron Bay
1
PENDING SALE
28
CLOSED
$23,788,079 IN SALES