OCTOBER 2021 Edition
www.LIVEINWatercrest.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
WATERCREST
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
11045 Meridian Drive South
Listed For $1,250,000
$16,489,530
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www.LIVEINWatercrest.com
OCTOBER 2021 Edition
Michael Citron & Stephanie Citron
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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! Watercrest’s median sales price is $1,040,000 which is $230,000 over the median sales price of all of Parkland at $810,000. In Parkland, homes are going under contract in just 17 days.
11045 Meridian Drive South 4 Bedrooms
Currently, there are 11 homes for sale in Watercrest with only 61 total available homes in The City of Parkland. Last year in October, there were 16 homes for sale in the Watercrest community.
Huge Bonus Room
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.
Loft Custom Glam Room
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.
4 Full Baths
Visit: LIVEINWatercrest.com to request a home market analysis and customized marketing plan or Call 954-609-0591.
Screened In Pool
WATERCREST SINGLE FAMILY MARKET REPORT
SOLD 8930 Watercrest W
OCTOBER 2021 MARKET REPORT Home values soared and inventory plummeted.
11
MEDIAN SALES PRICE*
NUMBER OF HOMES SOLD*
2020-2021 Comparison
2020-2021 Comparison
ACTIVE LISTINGS
9
PENDING SALES
$1,600,000
9
$1,400,000
SOLD
8
Pool
$18,000 Over List Price
$1,200,000 $1,000,000
6
$800,000
5
8950 Carrington Avenue
Waterfront
3
$400,000
4 Baths
6 Beds
4
$600,000
MEDIAN SALE PRICE
Waterfront
10
SOLD IN PAST 90 DAYS
$1,040,000
4.5 Baths
Huge Bonus Room
7
8
4 Beds
Pool
Gameroom
2 $200,000
Represented Buyer & Seller
1
0 MAY
JUN
JUL
AUG
0
MAY
*Data shown for the sales in Watercrest is based on the MLS and is deemed to be reliable but should be verified.
JUN
JUL
2020
AUG
2021
Our Success in Watercrest
1
FOR SALE
7
CLOSED
$7,150,000 IN SALES