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Heron Bay October Monthly Market Update - 2021

Page 1

OCTOBER 2021 Edition

www.LIVEINHeronBay.com

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

#1 H E R O N B AY R E A L E S TAT E T E A M

Our Success in 2021

HERON BAY

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

How To Virtually Interview Your Parkland Realtor! #1

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Michael Citron Parrot Realty, LLC

5.0 • 200 Reviews

#2

What do your neighbors say about us?

Michael is THE MAN. He gets the job done. He is the most detailed and knowledgeable realtor you are going to find...

#1 In Parkland Sales

#3

Social Media Matters:

#4

Marketing Strategies: 4K Videos & Night Photography

Heron Bay - The Enclave 5885 NW 124th Way

Listed For $679,900

We have over 100,000+ Views On YouTube & Facebook

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www.LIVEINHeronBay.com

OCTOBER 2021 Edition

Michael Citron

Prepared Exclusively for


Get Your Free Home Evaluation Today Visit www.LIVEINHeronBay.com

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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! Heron Bay’s single family median sales price is $880,000 which is $70,000 higher than the median sales price of all of Parkland at $810,000. In Parkland, homes are going under contract in just 17 days.

JUST LISTED! 5885 NW 124th Way

Currently, there are 21 homes for sale in Heron Bay with only 61 total available homes in The City of Parkland. Last year, there was more than double the amount of homes for sale in the Heron Bay community.

4 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.

2 Full Baths/ 2 Half Baths Screened In Pool

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.

14,000+ Sq/Ft Lot

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

HERON BAY SINGLE FAMILY MARKET REPORT

SOLD

OCTOBER 2021 MARKET REPORT Home values soared and inventory plummeted.

18

MEDIAN SALES PRICE*

NUMBER OF HOMES SOLD*

2020-2021 Comparison

2020-2021 Comparison

ACTIVE LISTINGS

23

PENDING SALES

12790 NW 73rd Street 5 Beds

TOWN HOUSE MARKET REPORT

2

40

$900,000

35

Waterfront

11

$800,000

SOLD

57

SOLD IN PAST 90 DAYS

30

$880,000 MEDIAN SALE PRICE

20

$400,000

5 Beds

SOLD IN PAST 90 DAYS

15

$300,000

MEDIAN SALE PRICE

5

Office

3 Full Baths / 2 Half Baths

$428,500

10 $200,000 $100,000

$100,000 Over Asking Price 12020 NW 62nd Ct - The Falls

12

25

$500,000

Custom Pool

PENDING SALES

$700,000

$600,000

Office

6 Full Baths / 2 Half Baths

ACTIVE LISTINGS $1,000,000

The Colony

Waterfront

Pool

0

0 MAY

JUN

JUL

AUG

MAY

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

JUN

JUL

2020

AUG

2021

Our Success in Heron Bay

1

FOR SALE

27

CLOSED

$20,348,179 IN SALES


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Heron Bay October Monthly Market Update - 2021 by Realtor Michael Citron - Issuu