Presented by Michael Citron Prepared Exclusively for APRIL 2023 Edition EAST PARKLAND REAL ESTATE MARKET REPORT Permit # 3018 11555 Heron Bay Blvd. Suite 200 Coral Springs FL, 33076 954.609.0591 Michael@ParklandParrot.com www. LIVEIN EastParkland.com MAYFAIR · MILL RUN · PARKWOOD · PARKLAND PLACE · LAKES AT PARKLAND CYPRESS CAY · PARKSIDE ESTATES · WATER’S EDGE ESTATES 6821 N Woodridge Dr FULL DETAILS INSIDE JUST LISTED IN CYPRESS HEAD 1 10 Our Team Leads Parkland in Sales, with 15 sold of 110 sales in 2023 These Statistics Reflect The Data from BeachesMLS as of April 24, 2023 From Parkland Single Family Sales & Non 55+ Communities Our Current List to Sales Price ratio Median Days on Market OUT OF MORE THAN 14% 102% 12 www. LIVEIN EastParkland.com APRIL 2023 Edition Sold Their Parkland Homes with Us
Parkland Market Review
Presented By Michael Citron
Total Homes Sold
We are officially past the first quarter and the market is starting the get hot! The inventory has increased slightly since the beginning of the year and we have seen 114 single family sales up until now in our city.
Average Days On Market
Homes in 2023, are taking significantly longer to sell as opposed to last year. So far of the 114 resales we have seen an average of 60 days on the market. That is nearly triple of what it was just two years ago. How long will this last?
Median Sales Price
With inventory remaining historically low we can expect to see values of home to keep it up. There are still many communities with homes selling for record prices and with buyer demand gearing up for the summer we may continue to see that trend follow.
Just Listed | Listed at $1,374,900 6821 N Woodridge Drive 3.5 Baths 5 Beds Pool Custom Updgrades Under Contract | Listed at $1,294,900 6733 NW 105th Lane | Fox Ridge Use Camera Phone To Watch This Property’s Creative Lifestyle Video
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Prepared
MAYFAIR PARKLAND PLACE MILL RUN LAKES AT PARKLAND PARKSIDE ESTATES WATER’S EDGE ESTATES PARKWOOD CYPRESS CAY ACTIVE LISTINGS PENDING SALES 1 1 3 1 0 2 0 1 0 1 1 0 1 2 0 0 4 2 1 1 1 3 4 4 $652,500 $777,000 $625,000 $608,000 $749,900 $708,000 $657,500 $975,000 IN PAST 180 DAYS IN PAST 180 DAYS IN PAST 365 DAYS IN PAST 2 YEARS IN PAST 360 DAYS IN PAST 360 DAYS IN PAST 365 DAYS IN PAST 365 DAYS