THE ISLES Newsletter July 2023

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JULY 2023 Edition THE ISLES #1 PARKLAND REAL ESTATE TEAM 7 YEARS IN A ROW REAL ESTATE MARKET REPORT 11963 NW 9th Street FULL DETAILS INSIDE UNDER CONTRACT www.TheIsles REALESTATE .com Permit # 3018 11555 Heron Bay Blvd. Suite 200 Coral Springs FL, 33076 954.609.0591 Michael@ParklandParrot.com www.TheIsles REALESTATE .com JULY 2023 Edition Find Out What Happened at 12712 NW 17th St Scan Here For The Full Story Presented by Michael Citron

The Isles Market Review

Total Homes Sold

In the recent 90-day period, The Isles recorded 4 home sales, indicating a decrease in sales compared to the previous year, mostly due to many of the buyers purchasing with great mortgage interest rates and now too afraid to lose that payment.

Average Days On Market

In the last 90 days, the average time it took for homes to sell in The Isles was 59 days that homes staying could stay on the market for up to 2 months before going under contract. We got our listing under contract over asking in just 1 Day

Median Sales Price

The median sales price in The Isles has consistently held at just over $1,000,000 year-over-year, indicating a robust market in our community. The desirability of gated communities with accessibility to great schools and shopping. As we always say you buy the city, neighborhood and then the home.

SINGLE FAMILY MARKET REPORT

2 1/4

ACTIVE LISTINGS

2 4 59 MEDIAN SALES PRICE

REDUCTIONS

PENDING SALES SOLD IN PAST 90 DAYS AVERAGE DAYS ON MARKET

$1,010,000

IN 2 DAYS! Get Your Free Home Evaluation Today Visit www.TheIslesREALESTATE.com
THE ISLES JULY 2023 MARKET REPORT * Data shown for the sales in The Falls 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
PRICE
Under Contract in 1 Day | Listed at $999,900 11963 NW 9th Street 4 Full Baths 5 Beds Pool

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