PARKLAND BAY Newsletter July 2023

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Presented by Michael Citron Prepared Exclusively for JULY 2023 Edition PARKLAND BAY #1 PARKLAND REAL ESTATE TEAM 7 YEARS IN A ROW REAL ESTATE MARKET REPORT 8825 Parkland Bay Dr LISTED AT $2,100,000 UNDER CONTRACT IN 4 DAYS Permit # 3018 11555 Heron Bay Blvd. Suite 200 Coral Springs FL, 33076 954.609.0591 Michael@ParklandParrot.com www. LIVEIN ParklandBay.com www. LIVEIN ParklandBay.com JULY 2023 Edition Find Out What Happened at 12712 NW 17th St Scan Here For The Full Story

Parkland Bay Market Review

In the recent 90-day period, Parkland Bay recorded 13 home sales, indicating a significant increase in sales compared to the previous year. However, it is noteworthy that homes in our community are selling for record prices.

In the last 90 days, the average time it took for homes to sell in Parkland Bay was 73 days, indicating a much slower sales pace compared to the rest of Parkland, where homes sold in an average of 51 days.

Total Homes Sold Average Days On Market Median Sales Price

The median sales price in Parkland Bay has consistently held at just over $1,200,000 year-over-year, indicating a robust market in our community. The desirability of gated communities with newer construction homes that have all the top of the line upgrades and luxury finishes.

8 5/15 7 13 73 MEDIAN SALES PRICE

Sold For $1,300,000 | Represented Seller Sold For $1,131,000 | Represented Seller 11970 Watermark Way 11720 Eastlake Court Sold For $1,900,000 | Represented Seller Sold For $1,900,000 | Represented Buyer & Seller 8990 Parkland Bay Trl 9160 W Parkland Bay Trail Just Listed | Listed at $1,349,900 12025 Lake House Lane 4.5 Baths 5 Beds Prepared Exclusively for Get Your Free Home Evaluation Today Visit www.LIVEINParklandBay.com
PARKLAND BAY JULY 2023 MARKET REPORT * Data shown for the sales in Parkland Bay is based on the MLS as of June 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 $1,800,000 $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 MAR APR MAY JUNE 7 6 5 4 3 2 1 0 MAR APR MAY JUNE ACTIVE LISTINGS PRICE REDUCTIONS PENDING SALES SOLD IN PAST 90 DAYS AVERAGE
Presented By Michael Citron SINGLE FAMILY MARKET REPORT
$1,220,000

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