MEADOW RUN Newsletter July 2023

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6915 Ocala Lane FULL DETAILS INSIDE SOLD FULL PRICE Presented by Michael Citron Prepared Exclusively for JULY 2023 Edition MEADOW RUN #1 PARKLAND REAL ESTATE TEAM 7 YEARS IN A ROW REAL ESTATE MARKET REPORT Permit # 3018 11555 Heron Bay Blvd. Suite 200 Coral Springs FL, 33076 954.609.0591 Michael@ParklandParrot.com www. LIVEIN MeadowRun.com www. LIVEIN MeadowRun.com JULY 2023 Edition Find Out What Happened at 12712 NW 17th St Scan Here For The Full Story

Meadow Run Market Review

In the recent 90-day period, Meadow Run recorded 4 home sales, indicating a decline in sales compared to the previous year. However, it is noteworthy that homes in our community are experiencing fewer price reductions before being sold, suggesting a favorable trend in the market.

In the last 90 days, the average time it took for homes to sell in Meadow Run was 53 days, indicating a relatively slower sales pace compared to the rest of Parkland, where homes sold in an average of 51 days.

The median sales price in Meadow Run has remained consistent at around $1,161,000, indicating a robust market in our community. The desirability of gated communities coupled with diversely styled homes in East Parkland tends to attract many buyers who are looking to live the Parkland lifestyle along with accessible proximity to shopping, highways and schools.

3 1/2 0 4 51 MEDIAN SALES PRICE

PENDING SALES

REDUCTIONS

IN PAST 180 DAYS AVERAGE DAYS ON MARKET

$1,160,000

SOLD FOR FULL PRICE at $1,400,000 6915 Ocala Lane | Cypress Head Pool 4 Full Baths 5 Beds Custom Upgrades MEADOW RUN JULY 2023 MARKET REPORT * Data shown for the sales in Meadow Run is based on the MLS as of July 13th, 2023 and is deemed to be reliable but should be verified. 2023 2022 NUMBER OF HOMES SOLD 2022 to 2023 Comparison MEDIAN SALES PRICE 2022 to 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 MAR APR MAY JUNE 7 6 5 4 3 2 1 0 MAR APR MAY JUNE SINGLE FAMILY MARKET REPORT ACTIVE LISTINGS PRICE
SOLD
Get Your Free Home Evaluation Today Visit www.LIVEINMeadowRun.com
Prepared Exclusively for
Sold For $1,294,900 | Represented Seller 6733 NW 105th Lane | Fox Ridge Sold For $875,000 | Represented Seller 6526 NW 99th Lane
Total Homes
Average Days On Market Median Sales Price
Sold

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