Ternbridge Market Review
Presented By Michael Citron
In the recent 180-day period, Ternbridge recorded 3 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 Ternbridge was 16 days, indicating a significantly faster sales pace compared to the rest of Parkland, where homes sold in an average of 51 days.
The median sales price in Ternbridge has rose to around $1,030,000, indicating a robust market in our community. The desirability of gated communities close to all schools, highways and shopping yields high sales in record time in the community of Ternbridge.
2/5 2 3 16
$1,030,000
SALES PRICE
Sold For $1,294,900 | Represented Seller 6733 NW 105th Lane | Fox Ridge Sold For $875,000 | Represented Seller 6526 NW 99th Lane | Meadow Run Prepared Exclusively for Get Your Free Home Evaluation Today Visit www.LIVEINTernbridge.com
TERNBRIDGE JULY 2023 MARKET REPORT * Data shown for the sales in Ternbridge 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 $1,200,000 $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 REDUCTIONS PENDING SALES SOLD IN PAST
AVERAGE
Sold For Full Price | Listed at $1,400,000 6915 Ocala Lane | Cypress Head 4 Baths 5 Beds Pool Custom Upgrades MEDIAN
180 DAYS
DAYS ON MARKET 3
Total Homes Sold Average Days On Market Median Sales Price
