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Parkland Isles October Monthly Market Update - 2021

Page 1

OCTOBER 2021 Edition

www.LIVEINParklandIsles.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 I S L E S R E A L E S TAT E T E A M

Our Success in 2021

PARKLAND ISLES

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

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#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

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#4

Marketing Strategies: 4K Videos & Night Photography

10695 NW 61st Court

SOLD $36,000 Over Asking!

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www.LIVEINParklandIsles.com

OCTOBER 2021 Edition

Michael Citron & Paula Alves

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Your Parkland Isles Resident Realtor, 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! Parkland Isle’s median sales price is $650,000 which is $160,000 below the median sales price of all of Parkland at $810,000. In Parkland, homes are going under contract in just 17 days.

SOLD $36,000 Over Asking Price! Custom Marketing Campaign

Currently, there is 1 home for sale in Parkland Isles with only 61 total available homes in The City of Parkland. Last year, there were 8 homes for sale in the Parkland Isles community which puts our active market into perspective.

29 Families At Open House

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.

7 Offers

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

Listed for $589,000

Sold for $625,000

PARKLAND ISLES SINGLE FAMILY MARKET REPORT

Highest Sale In Neighborhood Ever $980,000

OCTOBER 2021 MARKET REPORT Home values soared and inventory plummeted.

1

SOLD

11012 NW 70th Court 5 Beds

MEDIAN SALES PRICE*

NUMBER OF HOMES SOLD*

2020-2021 Comparison

2020-2021 Comparison

PENDING SALES

7

$650,000 MEDIAN SALE PRICE

Loft Pool

Represent Both Buyer & Seller $1,000,000

7

$900,000

SOLD

6

$800,000

$30,000 Over List Price

5

$700,000

SOLD IN PAST 90 DAYS

4 Baths

Waterfront Lot

ACTIVE LISTINGS

3

$105,000 Over List Price

$600,000

11299 NW 65th Manor

4

$500,000

3 Beds

3

$400,000

2 Baths

2

$300,000

$200,000 1

Waterfront

$100,000

0

0 MAY

JUN

JUL

AUG

MAY

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

JUN

JUL

2020

AUG

2021

Our Success in Parkland Isles

9

CLOSED

$6,938,000 IN SALES


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Parkland Isles October Monthly Market Update - 2021 by Realtor Michael Citron - Issuu