Presented by Michael Citron Prepared Exclusively for www. LIVEIN CypressHead.com JANUARY 2023 Edition CYPRESS HEAD #1 PARKLAND REAL ESTATE TEAM 6 YEARS IN A ROW Permit # 3018 11555 Heron Bay Blvd. Suite 200 Coral Springs FL, 33076 954.609.0591 Michael@ParklandParrot.com 7320 Dover Court FULL DETAILS INSIDE 2022 FEATURED SALE 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 CypressHead.com JANUARY 2023 Edition
2022 Cypress Head Market Review
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.
Cypress Head had 26 sales in 2022, and 30 in 2021.
Average Days On Market
Each community is different, yet Cypress Head stood out as homes sold faster this year. In 2022, Cypress Head’s Average Days on Market was 26 and in 2021 it was 34 days. Each community has desirable qualities.
Cypress Head’s managed to propel forward in their hyper-local market this past year with unique characteristics
Median Sales Price
The biggest change in the market was that in 2022 the median sales price in Cypress Head was $1,469,500. The community had it’s fair share of Record Sales this past year. In 2021, it was only $1,145,000. 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.
5/8 $1,750,000 $1,149,900 | REPRESENTED SELLER
PRICE REDUCTIONS SOLD FOR FULL PRICE 7320 Dover Court SOLD FOR $1,115,000 SOLD FOR $1,320,000 Our Success In Cypress Head 2022
3
Closed In Sales
$3,584,900
Prepared Exclusively for CYPRESS HEAD JANUARY 2023 MARKET REPORT *Data shown for the sales in Cypress Head 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 Get Your Free Home Evaluation Today Visit www.LIVEINCypressHead.com $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 SEPT OCT NOV DEC 7 6 5 4 3 2 1 0 SEPT OCT NOV DEC SINGLE FAMILY MARKET REPORT ACTIVE LISTINGS AVERAGE DAYS ON MARKET PENDING SALES SOLD IN PAST 90 DAYS MEDIAN SALES PRICE
7 38
1 5 REPRESENTED BUYER & SELLER REPRESENTED BUYER 7210 W Cypresshead Dr 7914 Shenandoah Lane
Presented By Michael Citron
Total Homes Sold
