DECEMBER 2021 Edition
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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
MEADOW RUN
YEA R-TO -DATE
R E AL E STATE MAR KE T R E PORT
130 SALES
15 PENDING
$90,779,264
$15,521,640
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Michael Citron Parrot Realty, LLC
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DECEMBE R 2021 Edition
Michael Citron
Prepared Exclusively for
Get Your Free Home Evaluation Today Visit www.LIVEINMeadowRun.com
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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. Meadow Run’s median sales price is $810,000 which is around $75,000 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.
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Inventory is at an all time low, but I am forecasting that after the holidays and when mortgage interest rates rise towards the end of the year and into 2022, home inventory will increase causing the market to shift .
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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.
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Visit: LIVEINMeadowRun.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
$810,000
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
9
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
0 0
O
L
DECEMBER 2021 MARKET REPORT Home values soared and inventory plummeted.
S
SINGLE FAMILY MARKET REPORT
D
MEADOW RUN
$30,000 Over List Price
2
$300,000
$200,000
7040 NW 68th Drive
6524 NW 98th Drive
1
$100,000
0
0
JUL
AUG
SEP
OCT
JUL
*Data shown for the sales in Meadow Run is based on the MLS and is deemed to be reliable but should be verified.
AUG
SEP
2020
OCT
2021
Represented Seller
Our Success in Meadow Run
Represented Buyer & Seller
1
PENDING SALE
2
SOLD
$1,560,000 IN SALES