Parkland’s MILLION DOLLAR Market 141 FOR SALE
HOMES SOLD
MILLIO ND OL LA
305 TOTAL LISTINGS
#
55 (9%)
646
$ GS IN ST LI
(22%)
MI LL IO N
S ING ST LI
68
IN PARKLAND | YEAR-TO-DATE
R
IN THE CITY OF PARKLAND JUL ‘17
NUMBER OF
68 OVERALL LISTINGS
MILLION DOLLAR LISTINGS
AVERAGE PARKLAND HOME
DAYS ON MARKET 48% LONGER TO SELL MILLION DOLLAR HOMES
The luxury real estate market in Parkland right now is very competitive. With 68 available homes for sale, buyers have a lot to choose from. There are also more new construction homes being built in Parkland. As you can see, these homes take, on average, at least double the amount of time to sell when compared to the rest of Parkland listings. Marketing million dollar listings in Parkland takes a unique approach. Our team is selling this market effectively by using our cutting edge marketing techniques and negotiation skills. On average, our listings sell in half the amount of time and within 1 - 2% of the list price. Experience the difference. Give us a call today at 954-609-0591. We look forward to earning your business and your trust! 2
954.609.0591
Our One In A Million Service Just Sold In 2 Months
Under Contract In 2 Weeks
RECORD SALE $1,150,000
ASKING PRICE $1,200,000
PARKLAND GOLF & COUNTRY CLUB 10132 Sweet Bay Manor 5 Beds | 4.5 Baths | Pool | Waterfront
PINE TREE ESTATES 7179 NW 62nd Terrace 5 Beds + Loft | 4.5 Baths | Pool
Under Contract In Just 30 Days! PARKLAND GOLF & COUNTRY CLUB 10040 Bay Leaf Court | Parkland, FL 33076 6 Beds + Office | 5 Baths | Home Theater | Pool
ASKING PRICE $1,395,000
Our Million Dollar+ Listings vs. The Competition
Avg. Days on Market OUR TEAM 38 Days The Competition - 141 Days
List Price vs. Sold Price OUR TEAM - 98% The Competition - 94%
Our Team Sells for $40,000 MORE on Average!
Perception Is Reality! Visit MyParklandHomeValue.com For A Personalized Evaluation & Custom Marketing Plan ParklandParrot.com
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OUR CLIENTS SAY IT BEST The Citron Group is Fantastic!!!!!!! Michael and his team have done a great job in selling our home and helping us find and purchasing a new one. They are very professional, every time I called Brooke, Michael’s assistant, she always responded to me very quickly. Adam was also a pleasure to work with. We will be working with them again. We highly recommend the Citron Group. Thank you everyone!
Pablo & Sandra Raba
D ASE H C UR
D
SOL
P
Michael and Stephanie at Citron Real Estate Group did a fantastic job. They know the market and know how to sell homes. They also spent so much time and had patience helping us find the perfect home. Not only did they sell my home, but they represented me for my purchase as well. I highly recommend them!
Sandy & Meredith Geraci
D SOL
ED
AS RCH
PU
Michael and his team were an absolute pleasure to work with. They handled numerous properties for us and they helped us every step of the way. They helped us get our dream home. We couldn’t have done it without all their help. Thank you!
Michael & Jillian Baer
D SOL
4
954.609.0591
P
D ASE H C UR
MEET THE STARS OF
Paula Alves | Dennis Gogonas | Michael Citron | Jorge Perez | Brooke Mortensen | Stephanie Citron
So Far This Year Our Team Has:
1% Of The List Price
ParklandParrot.com
5
SQUAWK REPORT 852,942 $ 814,841 $
640,114 $
$
HOME SALES
675,124
$
695,769
728,764
$
SINGLE FAMILY
$
694,523 $ 662,164
2017 Second Quarter Report
Avg. List Price
3rd Qtr.
4th Qtr.
1st Qtr.
2nd Qtr.
Avg. Sales Price
2016
2016
2017
2017
189
194
$
170
121
102
182
108
85
76
82
Avg. Sales Price/Sq. Ft.
$
Total Properties Sold Avg. Days on Market
$
187
SQUAWK TALK The Parkland single family real estate market is on fire! Just from last quarter, the average sales price has skyrocketed by 21% due to the fact that there were 16 homes that sold for at least a million dollars in the 2nd quarter. But, there are currently a total of 68 Parkland homes listed for a million dollars or more with an average of at least 5 months on the market. As luxury listings stay on the market longer, these homes require aggressive marketing. In 2017, our team has sold our million dollar listings in 2 months or less with our customized and cutting edge marketing plans. Experience the Citron Difference and call us today. 6
954.609.0591
202
$
$
343,866 $ 333,717
$
333,807
350,537 $
$
$
SALES
303,944
COACH HOME
328,834
VILLA AND
$
TOWNHOME
359,558 $ 346,909
Parkland Real Estate Market Activity
Avg. List Price
3rd Qtr.
4th Qtr.
1st Qtr.
2nd Qtr.
Avg. Sales Price
2016
2016
2017
2017
Avg. Sales Price/Sq. Ft.
186
$
195
$
182
$
183
$
Total Properties Sold
10
10
15
18
Avg. Days on Market
82
62
68
70
SQUAWK TALK This market continues to improve with a 2% increase in the average sales price, as more and more buyers look to live the Parkland lifestyle at an affordable price. However, overall values from the first quarter to second quarter of this year remain about the same showing signs that the market is settling. If you are thinking about making a move and capitalizing on the large appreciation on your home’s value, please give us a call.
ParklandParrot.com
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Parkland
HOME VALUE
Seminar
Citron Real Estate Group & Local Experts Keeping The Community Informed On Tuesday, May 30, 2017, the Citron Real Estate Group hosted a Parkland Home Value Seminar to address the changing real estate market. The seminar’s main purpose was to inform the residents of Broward County and Parkland/Coral Springs about the current value of their home as well as any changes residents can see in the future.
Over 85 Parkland & Coral Springs Attendees Topics Discussed:
• County Taxes
• Real Estate Advice
• Market Trends
• Parkland School Updates
Looking to make a move? Then call the #1 Real Estate Team at 954-609-0591 or visit our website at ParklandParrot.com to learn more. 8
954.609.0591
THREE REASONS to Work with Joe at Supreme Lending With 22 years in the industry, Joe has weathered many storms and is a top 1% mortgage originator in the USA and annual President’s Club Award recipient. Joe’s knowledge and expertise enables him to turn around denials from other lenders, such as large banks, to an approval at Supreme.
Joe and his team at Supreme Lending can close loans in as few as 10 days.
Customer communication is Joe’s priority. He can be reached anytime for anything.
Joseph Palopoli, Jr. Senior Loan Officer Cell: 954.849.3457 Office: 561.455.0828
joe.palopoli@supremelending.com www.joepalopoli.supremelending.com
“Joe & Christina with Supreme Lending always exceed our clients’ expectations. They are accessible and truly care and have become an extension of our team. We are grateful for all of their help in continuing to grow our business.”
— Michael Citron Our Goal
Close on Time. Fund on Time.
Call us anytime, for anything!
LOCAL AND LONG DISTANCE MOVING EXPERTS CALL FOR A FREE ESTIMATE
1-914-467-0890 Ask For Brian!
When you choose American Van Lines as your mover, you can expect preferred treatment & a relocation process that is second to none. Our dedication to client satisfaction is our priority. Just remember...
“If you’re going to move, do it the American Way!”
www.americanvanlines.com
LOCAL
LONG DISTANCE
COMMERCIAL
STORAGE
ParklandParrot.com
INTERNATIONAL 9
FEATURED LISTINGS HERON BAY – OSPREY LAKE MULBERRY MODEL 11212 NW 79th Manor | Parkland, FL 33076 5 Beds + Loft, 5 Baths
UNDER CONTRACT IN 33 DAYS!
MIRALAGO – WINDSOR MODEL 9101 Edgewater Bend | Parkland, FL 33076 5 Beds + Loft, Movie Theater, 4.5 Baths, Many Upgrades
HERON BAY – SOMERSET AZALEA MODEL 8236 NW 121st Way | Parkland, FL 33076 3 Beds, 2 Baths, Impact Windows, Wood Floors, Upgraded Kitchen & Baths
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954.609.0591
VENETIAN ISLES 899 NW 123rd Drive | Coral Springs, FL 33071 5 Beds + Loft, 4 Baths Upgraded Pool Home On Huge Lake
UNDER CONTRACT IN 30 DAYS!
HERON BAY – HERON COVE FREEPORT MODEL 11770 NW 81st Court | Parkland, FL 33076 4 Beds + Loft, 3 Baths Waterfront Pool Home
MARINER’S COVE COURTYARD MODEL 473 NW 118th Way | Coral Springs, FL 33071 5 Beds, 3.5 Baths, Upgraded Pool Home, Separate In-Law Suite
Search Property Address on YouTube for Virtual Tours!
CALL US TODAY, & YOUR HOME COULD BE FEATURED HERE TO OVER 15,000 RESIDENTS
ParklandParrot.com
11
PARKCREEK
So Far This Year Our Team Has:
1% Of The List Price
GET YOUR HOME’S VALUE
PERSONALLY EVALUATED MICHAEL CITRON Parkland Resident Real Estate Specialist
VISIT
OR CALL US TODAY AT