6030 NW 84th Terrace FULL DETAILS INSIDE 2022 FEATURED SALE www. LIVEIN TallPines.com JANUARY 2023 Edition TALL PINES #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 Presented by Michael Citron 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 TallPines.com JANUARY 2023 Edition
2022 Tall Pines Market Review
Presented By Michael Citron
Total Homes Sold
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. Tall Pines had 4 sales in 2022, and 6 in 2021.
Average Days On Market
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, Tall Pines’ Average Days on Market was 24 and in 2021 it was 16 days. That was nearly a 34% increased time on market.
Median Sales Price
The biggest change in the market was that in 2022 the median sales price in Tall Pines was $1,825,000. The community had it’s fair share of Record Sales this past year. In 2021, it was only $1,130,000. Although, with recent interest rates increasing we may expect home prices to decrease as we come into the 1st and 2nd quarters of 2023.
Get Your Instant Home Evaluation By Scanning This QR Code $1,850,000 | REPRESENTED SELLER $150,000 OVER ASKING 6030 NW 84th Terrace In Sales $1,375,000 Our Success in Grand Cypress 2021 Closed 1 REPRESENTED SELLER 6351 NW 93rd Drive 9 Prepared Exclusively for TALL PINES 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.LIVEINTallPines.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 0 SEPT OCT NOV DEC 7 6 5 4 3 2 1 0 SEPT OCT NOV DEC * Data shown for the sales in Tall Pines is based on the MLS as of January 6, 2023 and is deemed to be reliable but should be verified. SINGLE FAMILY MARKET REPORT ACTIVE LISTINGS AVERAGE DAYS ON MARKET PENDING SALES SOLD IN PAST 180 DAYS MEDIAN SALES PRICE 4 75
1/5 $2,050,000 PRICE REDUCTIONS
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