Presented by Michael Citron Prepared Exclusively for 10950 Windward St FULL DETAILS INSIDE 2022 FEATURED SALE Permit # 3018 11555 Heron Bay Blvd. Suite 200 Coral Springs FL, 33076 954.609.0591 Michael@ParklandParrot.com www. LIVEIN Cascata.com JANUARY 2023 Edition CASCATA #1 PARKLAND REAL ESTATE TEAM 6 YEARS IN A ROW REAL ESTATE MARKET REPORT t HIGHEST SALE IN 2022 PARKLAND GOLF SOLD FOR $2,400,000 135 HOMES SOLD $ 101.3% $757,846 13 DAYS LIST TO SALES PRICE RATIO IN OVER ASK SALES PRICE AVERAGE DAYS ON MARKET YEAR IN REVIEW $111,667,209 IN SALES www. LIVEIN Cascata.com JANUARY 2023 Edition
2022 Cascata Market Review
Homes Sold Average Days On Market
The Real Estate Market in 2022 has surely shaped the future for years to come as we saw exponential growth in many of our communities. Cascata had 43 sales in 2022, and 46 in 2021.
Some of the biggest changes we have seen in 2022 was the Average Days on Market, as this was our biggest indicator that the buyer frenzy market was slowing down. In 2022, Cascata’s Average Days on Market was 42 and in 2021 it was 31 days. That was nearly a a 27% in increased time on market.
Sales Price
The biggest change in the market was that in 2022 the median sales price in Cascata was $1,300,000. The community had it’s fair share of Record Sales this past year. In 2021, it was only $941,000. Although, with the recent increase in interest rates we may expect home prices to decrease as we come into the 1st and 2nd quarters of 2023.
CASCATA JANUARY 2023 MARKET REPORT *Data shown for the sales in Cascata is based on the MLS as of January 6, 2023 and is deemed to be reliable but should be verified. 2022 2021 NUMBER OF HOMES SOLD* 2021-2022 Comparison MEDIAN SALES PRICE* 2021-2022 Comparison $1,800,000 $1,650,000 $1,500,000 $1,350,000 $1,200,000 $1,050,000 $900,000 $750,000 $600,000 $450,000 $300,000 $150,000 0 SEPT OCT NOV DEC 7 6 5 4 3 2 1 0 SEPT OCT NOV DEC
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Total
Median
SINGLE FAMILY MARKET REPORT ACTIVE LISTINGS AVERAGE DAYS ON MARKET PENDING SALES SOLD IN PAST 90 DAYS MEDIAN SALES PRICE 10 62 1 9 3/11 $1,250,000 PRICE REDUCTIONS $1,400,000 | REPRESENTED SELLER $50,000 OVER ASKING SOLD FOR $1,260,000 SOLD FOR $1,300,000 SOLD FOR $1,300,000 REPRESENTED SELLER REPRESENTED SELLER REPRESENTED SELLER 10950 Windward St 10593 N Lago Vista Circle 10845 Pacifica Way 10955 Vista Terrace Our Success In Cascata 2022 $5,260,000 Closed In Sales 4
Presented By Michael Citron
