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Water's Edge January 2022 Market Update

Page 1

JANUARY 2022 Edition

www.LIVEINWatersEdge.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 6 YEARS IN A ROW

Year in Review

WATER’S EDGE ESTATES

202 1

R E AL E STATE MAR KE T R E PORT

150 SALES

$109,154,204 SOLD $115,000 OVER ASKING

SOLD 10% OVER ASKING

AVERAGE DAYS ON MARKET

12 Days

103% $2,1 54,032

LIST TO SALES PRICE RATIO

IN OVER ASK PRICE SALES OF OUR LISTINGS SOLD TO OUR OWN BUYERS

10424 NW 59th Place

SOLD $665,000

SCAN QR CODE FOR YOUR FREE HOME EVALUATION

Represented Buyer & Seller

Presented by www. LIVEINWatersEdge.com

JANUARY 2022 Edition

Michael Citron

Prepared Exclusively for


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

Prepared Exclusively for

From Your Real Estate Expert, Michael Citron. The New Year has begun and Sellers are beginning to get into the

SOLD FOR $665,000

listing mindset. Most of South Florida is taking advantage of record sales prices & Water’s Edge is no stranger to blockbuster sales as well. The median sales price is $825,000 based on sales from the

10424 NW 59th Place

past 180 days. Inventory remains at an all time low with the overall days on market in Parkland at approximately 34 days. Homes don’t

4 Bedrooms

last long in this market, so it’s safe to say, timing is everything when selling your home.

3 Full Baths

Please check out our detailed market report for the cities of Parkland and Coral Springs in the Parklander Magazine presented by

Cul-De-Sac Lot

Michael Citron who gives his expert opinion on the overall market.

Represented Buyer & Seller

Visit: LIVEINWatersEdge.com to request

SOLD $30,000 Over Asking Price

a home market analysis and customized marketing plan or Call 954-609-0591.

0

MEDIAN SALES PRICE*

2020-2021 Comparison

$1,000,000

$825,000 MEDIAN SALE PRICE

4 3

$400,000

2

$300,000

$200,000

0 SEP

OCT

NOV

DEC

D L

7040 NW 68th Drive

6589 NW 72nd Place

1

$100,000

0

O

$500,000

S

$600,000

D

5

L D

$800,000

O L

2

$30,000 Over List Price

SOLD IN TERNBRIDGE

6

$700,000

SOLD IN PAST 180 DAYS

Represented Seller

Represented Seller

7

$900,000

6487 NW 99th Ave

6524 NW 98th Drive

S

PENDING SALES

O

NUMBER OF HOMES SOLD*

2020-2021 Comparison

ACTIVE LISTINGS

0

S

O S

SINGLE FAMILY MARKET REPORT

L

JANUARY 2022 MARKET REPORT Inventory is at a record low!

D

WATER’S EDGE ESTATES

$15,000 Over List Price

$10,000 Over List Price

SEP

*Data shown for the sales in Water’s Edge Estates is based on the MLS and is deemed to be reliable but should be verified.

OCT

NOV

2020

DEC

2021

Represented Seller

Our 2021 Success in Water’s Edge

Represented Buyer & Seller

2

SOLD

$1,330,000 IN SALES


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