Presented by Michael Citron & Stephanie Citron Prepared Exclusively for APRIL 2023 Edition WATERCREST #1 PARKLAND REAL ESTATE TEAM 7 YEARS IN A ROW REAL ESTATE MARKET REPORT 9358 Meridian Drive W LISTED AT $1,699,900 JUST LISTED www. LIVEIN Watercrest.com Permit # 3018 11555 Heron Bay Blvd. Suite 200 Coral Springs FL, 33076 954.609.0591 Michael@ParklandParrot.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 Watercrest.com APRIL 2023 Edition Sold Their Parkland Homes with Us
Watercrest Market Review
Presented By Michael Citron
We’re officially past the first quarter of 2023 and the market is starting to heat up! 5 Homes have sold in the past 90 days. We currently have 3 pending and 8 active on the market. The 2nd quarter of 2023 should make for interesting results.
Total Homes Sold Average Days On Market
Of the 6 homes that have sold in the past 90 days the average days on market was 63. Just 3 days more than the average in Parkland as a whole. The homes in Watercrest are clearly very desirable but as prices have been on the rise we can see they may take longer to sell as the buyer demand increases.
Median Sales Price
Of the 6 homes that have sold in Watercrest the median sales price is $1,380,000. There are certainly some big sales pending to close and we can expect the median sales price to be much higher come April’s market uptdate. If you’re looking to leverage the equity you have built in your home then now may be the time to sell.
4 Beds $250,000 Upgrades
2 Full Baths & 2 Half Baths
Under Contract | Listed At $1,199,900 Sold For $1,117,500 | Represented Seller 11595 Carrington Avenue 11073 Meridian Dr N Under Contract | Listed At $1,149,900 9040 Watercrest Circle E Prepared Exclusively for Get Your Free Home Evaluation Today Visit www.LIVEINWatercrest.com
WATERCREST APRIL 2023 MARKET REPORT * Data shown for the sales in Watercrest 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 SINGLE FAMILY MARKET REPORT ACTIVE LISTINGS PRICE REDUCTIONS PENDING SALES SOLD IN PAST 90 DAYS AVERAGE DAYS ON MARKET 8 3/8 3 5
MEDIAN SALES PRICE $1,380,000
63
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