Presented by Michael Citron Prepared Exclusively for JULY 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 6915 Ocala lane FULL DETAILS INSIDE SOLD FULL PRICE www. LIVEIN EastParkland.com JULY 2023 Edition Find Out What Happened at 12712 NW 17th St Scan Here For The Full Story
Parkland Market Review
Presented By Michael Citron
In the recent 90-day period, Parkland recorded 151 home sales, indicating that we are selling roughly 50 homes per month. With active inventory sitting at around 110 homes, that leaves us with Roughly 2 months and 1 week’s worth of inventory. Sellers can rest easy knowing that this market remains in their favor.
Homes in Parkland are sitting on the market for roughly 51 days on average. This has increased since last year as we were seeing the homes sat on for 1524 days. This may be due to an increase in mortgage interest rates and lack of inventory.
The median sales price in Parkland based on the last 90 days has consistently held at around $1,175,000, indicating a robust market in our community. Parkland’s A-Rated Schools, clean environment and family friendly communities has really taken off and has put our city on the radar of those looking to relocate to Florida.
Under Contract Sold For $550,000 | Represented Seller 7989 NW 66th Terrace | Mayfair 7714 NW 70th Way | Cypress Cay SOLD at $1,400,000 6915 Ocala lane | Cypress Head 4 Baths 5 Beds Pool Custom Updgrades Prepared Exclusively for Get Your Free Home Evaluation Today Visit www.LIVEINEastParkland.com
MAYFAIR PARKLAND PLACE MILL RUN LAKES AT PARKLAND PARKSIDE ESTATES WATER’S EDGE ESTATES PARKWOOD CYPRESS CAY ACTIVE LISTINGS PENDING SALES 1 0 2 0 0 1 0 1 1 0 1 1 0 2 0 0 3 2 1 2 4 4 4 $834,000 $702,500 $608,000 $730,950 $627,500 $657,500 $975,000 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 2 $646,250 IN PAST 180 DAYS
Total Homes Sold Average Days On Market Median Sales Price
