Presented by Michael Citron Prepared Exclusively for APRIL 2023 Edition PARKLAND BAY #1 PARKLAND REAL ESTATE TEAM 7 YEARS IN A ROW REAL ESTATE MARKET REPORT 11720 Eastlake Court LISTED AT $1,124,900 UNDER CONTRACT Permit # 3018 11555 Heron Bay Blvd. Suite 200 Coral Springs FL, 33076 954.609.0591 Michael@ParklandParrot.com www. LIVEIN ParklandBay.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 ParklandBay.com APRIL 2023 Edition Sold Their Parkland Homes with Us
Parkland Bay Market Review
Presented By Michael Citron
Total Homes Sold
We are officially passed the 1st quarter of the of 2023 and the market is starting to heat up. As we can see 10 homes have sold in the past 90 days with 8 pending and 9 actively on the market which means the 2nd quarter of 2023 will be eventful.
Average Days On Market
The homes in Parkland Bay are selling on pace with the rest of Parkland, Florida. Surely when you market a home correctly you will likely stand out from among the competition and sell quicker. Most of the homes that have sold are first time resales and are shaping what the Parkland Bay market will look like in the future.
Median Sales Price
Many homes have sold in Parkland Bay of which we represented 3 in the past 90 days. The median sales price is $1,175,000. Year over Year we have seen that for the majority of 2023 the prices have actually increased compared to 2022. If you’re looking to leverage the equity you have built in your home then now may be the time to sell.
PARKLAND BAY
Custom Updgrades
Sold For $1,300,000 | Represented Seller 11970 Watermark Way Sold For $1,900,000 | Represented Buyer & Seller Sold For $875,000 | Represented Buyer & Seller 9160 W Parkland Bay Trail 11850 N Baypoint Circle Sold For $1,900,000 | Represented Seller 8990 Parkland Bay Trl 6 Baths 5 Beds Waterfront
for Get Your Free Home Evaluation Today Visit www.LIVEINParklandBay.com
Prepared Exclusively
APRIL 2023 MARKET REPORT *Data shown for the sales in Parkland Bay is based on the MLS as of April 23, 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 $1,800,000 $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 DEC JAN FEB MAR 7 6 5 4 3 2 1 0 DEC JAN FEB MAR ACTIVE LISTINGS PRICE REDUCTIONS PENDING SALES SOLD IN PAST 90 DAYS AVERAGE DAYS ON MARKET
MEDIAN SALES PRICE $1,175,000 SINGLE FAMILY MARKET REPORT
9 7/19 8 10 59
