December 2021 - Cascata - Market Update

DECEMBER 2021 Edition

www.LIVEINCascata.com

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11555 Heron Bay Blvd. Suite 200 Coral Springs FL, 33076 954.609.0591 Michael@ParklandParrot.com

#1 PARKL AND REAL ESTATE TEAM 5 YEARS IN A ROW

Our Success in 2021

CASCATA

YEA R-TO -DATE

R E AL E STATE MAR KE T R E PORT

130 SALES

$90,779,264

15 PENDING

$15,521,640

How We Are Selling Our Homes For 103% Of Listing Price

9735 Blue Isle Bay MiraLago

UNDER CONTRACT IN 2 DAYS!

Presented by www. LIVEINCascata.com

DECEMBE R 2021 Edition

Michael Citron

Prepared Exclusively for

Get Your Free Home Evaluation Today Visit www.LIVEINCascata.com

Prepared Exclusively for

From Your Real Estate Expert, Michael Citron.

8760 Lakeview Drive

As the holidays approach, we can expect to see listings hitting the market a lot slower, as Sellers typically hold off putting their home on the market.

Cascata’s median sales price is $1,140,500 which is around $255,000 greater than the median sales price of all of Parkland Single Family Homes at $885,000. In Parkland, homes are going under contract on average in just 27 days based on sales from the past 90 days.

5 Beds Huge Bonus Room

Inventory is at an all time low, but I am forecasting that after the holidays and when mortgage interest rates rise, home inventory will increase causing the market to shift .

Loft

Please check out our detailed market report for the cities of Parkland and Coral Springs in the Parklander Magazine presented by Michael Citron who gives his expert opinion on the overall market.

4.5 Full Baths Waterfront

Visit: LIVEINCascata.com to request a home market analysis and customized marketing plan or Call 954-609-0591.

SOLD $50,000 OVER ASKING SOLD

CASCATA SINGLE FAMILY MARKET REPORT

10520 S Lago Vista Circle

DECEMBER 2021 MARKET REPORT Home values soared and inventory plummeted.

3

MEDIAN SALES PRICE*

5 Beds

9 7

SOLD IN PAST 90 DAYS

2020-2021 Comparison

Waterfront Lot $1,200,000

7

MEDIAN SALE PRICE

SOLD

$1,100,000

6

$1,000,000 $900,000

4

$700,000

$115,000 Over List Price 9840 S Miralago Way

5

$800,000

$600,000

5 Beds

4 Baths

Huge Loft

Pool

3

$500,000

$400,000

$1,140,000

6.5 Baths

Oversized Loft & Office

NUMBER OF HOMES SOLD*

2020-2021 Comparison

ACTIVE LISTINGS

PENDING SALES

Pool

2

$300,000

$200,000

Waterfront Lot

1

$100,000

0

0 JUL

AUG

SEP

OCT

JUL

*Data shown for the sales in Cascata is based on the MLS and is deemed to be reliable but should be verified.

AUG

SEP

2020

OCT

2021

Our Success in Cascata & MiraLago

4

PENDING SALES

14

CLOSED

$16,386,700 IN SALES