HERON BAY Newsletter April 2023

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Presented by Michael Citron Prepared Exclusively for APRIL 2023 Edition HERON BAY #1 HERON BAY REAL ESTATE TEAM 7 YEARS IN A ROW REAL ESTATE MARKET REPORT Heron Bay - Osprey Lake 11423 NW 79th Manor Listed at $1,599,900 UNDER CONTRACT Permit # 3018 11555 Heron Bay Blvd. Suite 200 Coral Springs FL, 33076 954.609.0591 Michael@ParklandParrot.com www. LIVEIN HeronBay.com 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 HeronBay.com APRIL 2023 Edition Sold Their Parkland Homes with Us

Heron Bay Market Review

We’re officially past the first quarter of 2023 and the market is starting to heat up! 30 Homes have sold in the past 90 days. That is roughly 20% of all the resales in 2023 in Parkland altogether.

Total Homes Sold Average Days On Market

Homes in Heron Bay are selling faster than Parkland as whole. Parkland’s 60 average days on market is nearly 15% longer than what homes in Heron Bay are selling for. The attractive community remains Parkland’s heartbeat with nearly 3,000 homes and 2 luxury clubhouses.

Median Sales Price

The community which has seen the largest increase in Home Values in Parkland is Heron Bay. If you look below, year over year the values have increased in the favor of homeowners big time! If you’re looking to leverage your home’s equity then now may be the time to sell!

Exclusively for Get Your Free Home Evaluation Today Visit www.LIVEINHeronBay.com
Prepared
HERON BAY APRIL 2023 MARKET REPORT
Heron Bay
the MLS
of April 21, 2023 and is deemed to be reliable but should be verified. 2022 & 2023 2021 & 2022 NUMBER OF HOMES SOLD 2021-2022 to 2022-2023 Comparison MEDIAN SALES PRICE 2021-2022 to 2022-2023 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 DEC JAN FEB MAR 35 30 25 20 15 10 5 0 DEC JAN FEB MAR SINGLE FAMILY MARKET REPORT ACTIVE LISTINGS PRICE REDUCTIONS PENDING SALES SOLD IN PAST 90 DAYS AVERAGE DAYS ON MARKET 23 13/42 19 30 52 MEDIAN SALES PRICE $1,072,500 TOWNHOME MARKET REPORT ACTIVE LISTINGS PRICE REDUCTIONS PENDING SALES SOLD IN PAST 90 DAYS AVERAGE DAYS ON MARKET 3 2/4 1 12 60 MEDIAN SALES PRICE $507,500 Under Contract | Listed at $1,049,900 7838 NW 111th Way | Greenbriar Under Contract | Listed at $899,900 8159 NW 125 Lane | Sable Point Sold For $1,300,000 | $50,000 Over Asking 7426 NW 116th Way | Osprey Lake Sold For $1,260,000 | Represented Buyer & Seller 8090 NW 115th Way | Heron Isles Just Listed | Listed at $1,249,900 Sold For $919,000 | Represented Seller 12766 NW 75th St | Heron Isles 11466 NW 81st Place | Osprey Lake
* Data shown for the sales in
is based on
as

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HERON BAY Newsletter April 2023 by Realtor Michael Citron - Issuu