6478 NW 103rd Lane 2022 FEATURED SALE FOX RIDGE FULL DETAILS INSIDE www. LIVEIN TheLandings.com JANUARY 2023 Edition THE LANDINGS #1 PARKLAND REAL ESTATE TEAM 6 YEARS IN A ROW Presented by Michael Citron Prepared Exclusively for Permit # 3018 11555 Heron Bay Blvd. Suite 200 Coral Springs FL, 33076 954.609.0591 Michael@ParklandParrot.com 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 TheLandings.com JANUARY 2023 Edition
Prepared Exclusively for
2022 The Landings 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. The Landings had 8 sales in 2022, and 12 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, The Landings’ Average Days on Market was 24 and in 2021 it was 14 days. That was nearly a 42% increased time on market.
Median Sales Price
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63/147 $1,150,000
6349 NW 78th Drive
REPRESENTED SELLER REPRESENTED BUYER & SELLER REPRESENTED BUYER REPRESENTED SELLER REPRESENTED BUYER REPRESENTED SELLER REPRESENTED BUYER REPRESENTED BUYER & SELLER REPRESENTED SELLER SOLD FOR $875,000 SOLD FOR $1,040,000 SOLD FOR $1,180,000 SOLD FOR $1,030,000 SOLD FOR $1,000,000 SOLD FOR $710,000 SOLD FOR $1,320,000 SOLD FOR $1,115,000 SOLD FOR $1,149,900 6526 NW 99th Lane 6478 NW 103rd Lane 10201 NW 62nd Dr 6518 NW 103rd Lane 10325 NW 63rd Dr 7914 Shenandoah Lane 7210 W Cypresshead Dr 7320 Dover Court We Have Qualified Buyers Looking To Buy Homes Just Like Yours! Cypress Head Meadow Run Fox Ridge Cypress Head Meadow Run Fox Ridge Cypress Head Meadow Run Mayfair
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PARKLAND JANUARY 2023 MARKET UPDATE 2022 2021 NUMBER OF HOMES SOLD* 2021-2022 Comparison MEDIAN SALES PRICE* 2021-2022 Comparison $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 105 90 75 60 45 30 15 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
The biggest change in the market was that in 2022 the median sales price in The Landings was $1,062,500. The community had it’s fair share of Record Sales this past year. In 2021, it was only $766,000. Although, with the recent interest rates increasing we may expect home prices to decrease as we come into the 1st and 2nd quarters of 2023. PRICE REDUCTIONS *Data shown for the sales in Parkland is based on the MLS as of January 6, 2023 and is deemed to be reliable but should be verified.
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