www. LIVEIN ParklandIsles.com JANUARY 2023 Edition PARKLAND ISLES #1 PARKLAND ISLES REAL ESTATE TEAM IN 2021 10971 NW 69th Pl FULL DETAILS INSIDE 2022 FEATURED SALE Permit # 3018 11555 Heron Bay Blvd. Suite 200 Coral Springs FL, 33076 954.609.0591 Michael@ParklandParrot.com Presented by Michael Citron & Paula Alves Prepared Exclusively for 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 ParklandIsles.com JANUARY 2023 Edition
2022 Parkland Isles Market Review
Presented By Michael Citron
Total 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. Parkland Isles had 23 sales in 2022, and 33 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, Parkland Isles’ Average Days on Market was 28 and in 2021 it was 11 days. That was nearly a 200% in increased time on market.
Median Sales Price
The biggest change in the market was that in 2022 the median sales price in Parkland Isles was $850,000. The community had it’s fair share of Record Sales this past year. In 2021, it was only $628,000. 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.
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PRICE REDUCTIONS $140,000 OVER ASKING SOLD FOR $1,108,000 SOLD FOR $990,000 SOLD FOR $950,000 REPRESENTED SELLER
2/5 $787,500 $1,015,000 | REPRESENTED SELLER
10971 NW 69th Pl 11205 NW 71st Ct
REPRESENTED SELLER REPRESENTED SELLER
10980 NW 69th Pl 10946 NW 66th Ct v Our Success In Parkland Isles 2022 $4,063,000 Closed In Sales 4
Prepared Exclusively for PARKLAND ISLES JANUARY 2023 MARKET REPORT *Data shown for the sales in Parkland Isles as of January 6, 2023 and is based on the MLS and is deemed to be reliable but shoul 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.LIVEINParklandIsles.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 90 DAYS MEDIAN SALES PRICE
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