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December 2021 - Parkland Reserve - Market Update

Page 1

DECEMBER 2021 Edition

www.LIVEINParklan dReser ve.com

Permit # 3018

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

#1 PARKL AND REAL ESTATE TEAM 5 YEARS IN A ROW

Our Success in 2021

PARKLAND RESERVE

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

Presented by www. LIVEINParklan dReser ve.com

DECEMBE R 2021 Edition

Michael Citron

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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. Parkland Reserve’s median sales price is $843.500 which is around $42,000 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. 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 .

Homes Sold In The Past 90 Days

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.

ADDRESS

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

PARKLAND RESERVE

SQ FT

LIST PRICE

SOLD PRICE

POOL

WATER FRONT

0

3,572

$849,999

$835,000

Yes

No

4

0

3,572

$849,900

$851,000

Yes

No

2

1

1,839

$449,000

$465,100

No

No

BEDS

BATHS

7534 NW 113th Ave

5

4

7376 NW 112th Way

5

7228 NW 108th Way

4

HALF BATHS

Map Legend

DECEMBER 2021

Homes For Sale Pending Sales SINGLE FAMILY MARKET REPORT

0

ACTIVE LISTINGS

0

PENDING SALES

2

SOLD IN PAST 90 DAYS

$843,000 MEDIAN SALE PRICE

TOWNHOME MARKET REPORT

0

ACTIVE LISTINGS

1

PENDING SALES

Closed Sales

2

SOLD IN PAST 180 DAYS

$451,000 MEDIAN SALE PRICE

Use Camera Phone To View Home Sales in Parkland Reserve


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December 2021 - Parkland Reserve - Market Update by Realtor Michael Citron - Issuu