Permit # 3018 11555 Heron Bay Blvd. Suite 200 Coral Springs FL, 33076 954.609.0591 Michael@ParklandParrot.com www. LIVEIN MeadowRun.com JANUARY 2023 Edition MEADOW RUN #1 PARKLAND REAL ESTATE TEAM 6 YEARS IN A ROW Presented by Michael Citron Prepared Exclusively for REAL ESTATE MARKET REPORT 6526 NW 99th Lane FULL DETAILS INSIDE 2022 FEATURED SALE 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 MeadowRun.com JANUARY 2023 Edition
Presented By Michael Citron
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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. Meadow Run had 15 sales in 2022, and 18 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, Meadow Run’s Average Days on Market was 19 and in 2021 it was 18 days. That was a 5% in increased time on market.
Median Sales Price
The biggest change in the market was that in 2022 the median sales price in Meadow Run was $1,000,000. The community had it’s fair share of Record Sales this past year. In 2021, it was only $796,000. 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.
0/2 $1,000,000
0 7 PRICE REDUCTIONS *Data shown for the sales in Meadow Run is based on the MLS as of January 6, 2023 and is deemed to be reliable but should be verified. Our Success In Meadow Run 2022 $3,055,000 Closed In
Sales 3
REPRESENTED BUYER REPRESENTED BUYER 10201 NW 62nd Dr 10325 NW 63rd Dr REPRESENTED SELLER SOLD FOR $875,000 6526 NW 99th Lane SOLD FOR $1,180,000 SOLD FOR $1,000,000 Prepared Exclusively for MEADOW RUN JANUARY 2023 MARKET REPORT 2022 2021 NUMBER OF HOMES SOLD* 2021-2022 Comparison MEDIAN SALES PRICE* 2021-2022 Comparison Get Your Free Home Evaluation Today Visit www.LIVEINMeadowRun.com $1,200,000 $1,100,000 $1,000,000 $900,000 $800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 0 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 180 DAYS MEDIAN SALES PRICE
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2022 Meadow Run Market Review
Homes Sold Average Days On Market