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December 2021 - Miralago - Market Update

Page 1

DECEMBER 2021 Edition

www.LIVEINMiraL a go.com

Permit # 3018

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

#1 MIRAL AGO REAL ESTATE TEAM

Our Success in 2021

MIRALAGO

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

9735 Blue Isle Bay MiraLago

UNDER CONTRACT IN 2 DAYS!

Presented by

Michael Citron www. LIVEINMiraL a go.com

DECEMBE R 2021 Edition

Prepared Exclusively for


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

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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. MiraLago’s median sales price is $865,000 which is below the median sales price of all of Parkland at $885,000 by $20,000. In Parkland single family homes are going under contract in just 27 days based on sales from the past 90 days.

8760 Lakeview Drive 5 Beds Huge Bonus Room

Inventory is still very low, but I am forecasting that after the holidays and when mortgage interest rates rise home inventory will increase causing the market to shift.

Loft

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.

4.5 Full Baths Waterfront

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

SOLD $50,000 OVER ASK

O

L

S

O

TOWN PARC MARKET REPORT

S

DECEMBER 2021 MARKET REPORT Home values soared and inventory plummeted.

L

D

D

$65,000 Over List Price

MIRALAGO SINGLE FAMILY MARKET REPORT

2020-2021 Comparison

ACTIVE LISTINGS

7

SOLD IN PAST 90 DAYS

$865,000

MEDIAN SALE PRICE

$900,000

9

$800,000

8

$700,000

7

$600,000

6

$500,000

5

$400,000

4

$300,000

3

$200,000

2

$100,000

1

0

JUL

AUG

SEP

OCT

0

1

PENDING SALES

7

SOLD IN PAST 90 DAYS

Represented Seller

Represented Seller

$115,000 Over List Price

$80,000 Over List Price

D

10

O L

PENDING SALES

$1,000,000

8681 Waterside Court

9689 NW 59th Court

S

7

2

ACTIVE LISTINGS

L D

NUMBER OF HOMES SOLD*

2020-2021 Comparison

O

MEDIAN SALES PRICE*

S

4

Pool

$480,000 MEDIAN SALE PRICE

JUL

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

AUG

SEP

2020

OCT

2021

10150 Lake Vista Court

9840 S MiraLago Way Represented Seller

Our Success in MiraLago & Town Parc

Represented Buyer & Seller

4

PENDING SALES

18

CLOSED

$17,762,700 IN SALES


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December 2021 - Miralago - Market Update by Realtor Michael Citron - Issuu