OCTOBER 2021 Edition
www.LIVEINParklandBay.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
PARKLAND 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
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12185 Lake House Lane
Sold $30,000 Over Asking Price!
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OCTOBER 2021 Edition
Michael Citron
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From Your Real Estate Expert, Michael Citron. Sold $30,000 Over Asking Price!
Fall is here! Typically when school starts, our real estate market slows down. But, the last two years have been like no other! Parkland Bay’s median sales price is $885,000 which is over the median sales price of all of Parkland at $810,000 by $75,0000. In Parkland, homes are going under contract in just 17 days. Currently, there is 1 home for sale in Parkland Bay with only 61 total available homes in The City of Parkland. Last year, there were 3 homes for sale in the Parkland Bay community.
12185 Lake House Lane
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 Beds 3 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.
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Visit: LIVEINParklandBay.com to request a home market analysis and customized marketing plan or Call 954-609-0591.
PARKLAND BAY SINGLE FAMILY MARKET REPORT
OCTOBER 2021 MARKET REPORT Home values soared and inventory plummeted.
1
MEDIAN SALES PRICE*
NUMBER OF HOMES SOLD*
2020-2021 Comparison
2020-2021 Comparison
ACTIVE LISTINGS
1
PENDING SALES
6
SOLD IN PAST 90 DAYS
$1,200,000
7
$1,100,000
6
$1,000,000 $900,000
5
$800,000 4
$700,000
$600,000 3
$500,000
$400,000
$885,500 MEDIAN SALE PRICE
2
$300,000
$200,000
1
$100,000
0
0 MAY
JUN
JUL
AUG
MAY
*Data shown for the sales in Parkland Bay is based on the MLS and is deemed to be reliable but should be verified.
JUN
JUL
2020
AUG
2021
Our Success in Parkland Bay
2
PENDING SALES
1
SOLD
$815,000 IN SALES