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December 2021 - Fox Ridge - Market Update

Page 1

DECEMBER 2021 Edition

www.LIVEINFoxRidge.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

FOX RIDGE

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

10259 NW 62nd Court

JUST SOLD! FULL DETAILS INSIDE

Presented by www. LIVEINFoxRidge.com

DECEMBE R 2021 Edition

Michael Citron

Prepared Exclusively for


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

Prepared Exclusively for

From Your Real Estate Expert, Michael Citron. 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. Fox Ridge’s median sales price is $847,000 which is around $38,000 less 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.

JUST SOLD 10259 NW 62nd Court 5 Bedrooms

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 .

4 Full Baths

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.

Screened In Pool Cul-De-Sac Lot

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

Represented Buyer & Seller

THE LANDINGS

MEDIAN SALES PRICE*

2020-2021 Comparison

MEDIAN SALE PRICE

$600,000 3

$500,000

D L L D

4

$700,000

O

O L

5

$800,000

$400,000

$847,000

D

6

$900,000

$30,000 Over List Price

$10,000 Over List Price

$1,100,000

$1,000,000

Represented Buyer & Seller

Represented Seller

7

S

2

SOLD IN PAST 90 DAYS

$1,200,000

10424 NW 59th Place

9689 NW 59th Court

ACTIVE LISTINGS

PENDING SALES

S

O

NUMBER OF HOMES SOLD*

2020-2021 Comparison

S

2

4

O

L

DECEMBER 2021 MARKET REPORT Home values soared and inventory plummeted.

S

SINGLE FAMILY MARKET REPORT

D

FOX RIDGE

$30,000 Over List Price

2

$300,000

$200,000

6524 NW 98th Drive

1

7040 NW 68th Drive

$100,000

0

0

JUL

AUG

SEP

OCT

JUL

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

AUG

SEP

2020

OCT

2021

Represented Seller

Represented Buyer & Seller

We Have VIP Qualified Buyers Ready To Buy Homes Just Like Yours.


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December 2021 - Fox Ridge - Market Update by Realtor Michael Citron - Issuu