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December 2021 - Ternbridge - Market Update

Page 1

DECEMBER 2021 Edition

www.LIVEINTernbridge.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

TERNBRIDGE

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

10259 NW 62nd Court

JUST SOLD! FULL DETAILS INSIDE

Presented by www. LIVEINTernbridge.com

DECEMBE R 2021 Edition

Michael Citron

Prepared Exclusively for


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

Prepared Exclusively for

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. Ternbridge’s median sales price is $810,500 which is around $75,000 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.

JUST SOLD! 10259 NW 62nd Court 5 Bedrooms

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 .

4 Full 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.

Screened In Pool Cul-De-Sac Lot

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

Represented Buyer & Seller

THE LANDINGS

1

MEDIAN SALES PRICE*

2020-2021 Comparison

$1,000,000

4

$500,000

3

D L

S

$400,000

O

$600,000

L D

D

5

S

3

$810,500 MEDIAN SALE PRICE

$30,000 Over List Price

$10,000 Over List Price

6

$800,000 $700,000

SOLD IN PAST 90 DAYS

Represented Buyer & Seller

Represented Seller

7

$900,000

10424 NW 59th Place

9689 NW 59th Court

O L

PENDING SALES

S

O

NUMBER OF HOMES SOLD*

2020-2021 Comparison

ACTIVE LISTINGS

0

O

L

DECEMBER 2021 MARKET REPORT Home values soared and inventory plummeted.

S

SINGLE FAMILY MARKET REPORT

D

TERNBRIDGE

$30,000 Over List Price

2

$300,000

$200,000

0

0 JUL

AUG

SEP

OCT

7040 NW 68th Drive

6524 NW 98th Drive

1

$100,000

JUL

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

AUG

SEP

2020

OCT

2021

Represented Seller

Our Success in Ternbridge

Represented Buyer & Seller

3

SOLD

$2,335,000 IN SALES


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