OCTOBER 2021 Edition
www.LIVEINPineTreeEstates.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
PINE TREE ESTATES
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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Michael Citron Parrot Realty, LLC
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#2
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Michael is THE MAN. He gets the job done. He is the most detailed and knowledgeable realtor you are going to find...
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6001 NW 72nd Way
SOLD in 1 Day $150,000 Over Asking
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www.LIVEINPin eTreeEstates.com
OCTOBER 2021 Edition
Michael Citron
Prepared Exclusively for
Get Your Free Home Evaluation Today Visit www.LIVEINPineTreeEstates.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! Pine Tree Estate’s median sales price is $1,192,500 which is greater than the median sales price of all of Parkland at $810,000 by $382,500. In Parkland, homes are going under contract in just 17 days.
SOLD in 1 Day $150,000 Over Asking
Currently, there are 11 homes for sale in Pine Tree Estates with only 61 total available homes in The City of Parkland. Last October, there were 13 homes for sale in the Pine Tree Estates community.
Custom Marketing Campaign
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.
47 Families At Open House Multiple Over Asking Price 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.
Listed for $1,500,000
Visit: LIVEINPineTreeEstates.com to request a home market analysis and customized marketing plan or Call 954-609-0591.
Sold for $1,650,000
PINE TREE ESTATES SINGLE FAMILY MARKET REPORT
SOLD
MEDIAN SALES PRICE*
NUMBER OF HOMES SOLD*
2020-2021 Comparison
2020-2021 Comparison
ACTIVE LISTINGS
PENDING SALES
14
SOLD IN PAST 90 DAYS
6427 NW 80th Terrace $1,200,000
MEDIAN SALE PRICE
6347 NW 72nd Way
7
$1,100,000
SOLD
6
$1,000,000 $900,000
SOLD
Represent Both Buyer & Seller
5
$800,000 4
$700,000
$600,000 3
$500,000
$400,000
$1,192,500
Represent Both Buyer & Seller
OCTOBER 2021 MARKET REPORT Home values soared and inventory plummeted.
11 6
SOLD
2
$300,000
$200,000
1
5442 NW 80th Terrace
$100,000
0
7271 NW 65th Terrace
0 MAY
JUN
JUL
AUG
MAY
*Data shown for the sales in Pine Tree Estates is based on the MLS and is deemed to be reliable but should be verified.
JUN
JUL
2020
AUG
2021
Our Success in Pine Tree Estates
8
CLOSED
$9,669,900 IN SALES