The Ranches Market Review
In the recent 180-day period, The Ranches recorded 1 home sales, indicating a stable market in sales compared to the previous year. This 1 sale was a Parrot Realty listing which we represented both sides and got the home under contract within 20 Days.
In the last 180 days, the average time it took for homes to sell in The Ranches was 20 days, resulting in less time on market comparatively with the rest of Parkland, where homes sold in an average of 51 days.
Total Homes Sold Average Days On Market Median Sales Price
1/2 1 1 20
$2,350,000
SALES
Sold at $2,350,000 | Represented Buyer & Seller 6899 NW 87th Ave Sold for $1,320,000 | Represented Seller 5945 NW 66th Avenue Sold at $1,350,000 | Represented Seller 5809 NW 62nd Terrace 3.5 Baths 5 Beds Pool Custom Updgrades IN 2 DAYS! Prepared Exclusively for Get Your Free Home Evaluation Today Visit www.LIVEINTheRanches.com
THE RANCHES JULY 2023 MARKET REPORT * Data shown for the sales in The Ranches 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 $2,400,000 $2,200,000 $2,000,000 $1,800,000 $1,600,000 $1,400,000 $1,200,000 $1,000,000 $800,000 $600,000 $400,000 $200,000 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 180 DAYS AVERAGE DAYS ON MARKET 1
MEDIAN
Presented By Michael Citron SINGLE FAMILY MARKET REPORT
PRICE
The median sales price in The Ranches has rose to $2,350,000, indicating a robust market in our community. The desirability of homes without HOA’s and large lots of land can certainly attract many buyers willing to pay high premiums to live the Parkland lifestyle while attaining a more rural customized way of life. right here in South Florida.
