December 2021 - Parkland Golf - Market Update

DECEMBER 2021 Edition

www.LIVEINParklan dGolf.com

Permit # 3018

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

PARKLAND GOLF

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

10125 Emerson St

JUST LISTED

Custom Pool with Pristine Sunsets FULL DETAILS INSIDE

Presented by www. LIVEINParklan dGolf.com

DECEMBE R 2021 Edition

Michael Citron

Prepared Exclusively for

Get Your Free Home Evaluation Today Visit www.LIVEINParklandGolf.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.

Parkland Golf’s median sales price is $1,087,000 which is around $200,000 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.

JUST LISTED 10125 Emerson St 4 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 .

3.5 Bathrooms

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.

Custom Pool Waterfront

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

Parma Model

SOLD

PARKLAND GOLF SINGLE FAMILY MARKET REPORT

DECEMBER 2021 MARKET REPORT Home values soared and inventory plummeted.

5

MEDIAN SALES PRICE*

NUMBER OF HOMES SOLD*

2020-2021 Comparison

2020-2021 Comparison

ACTIVE LISTINGS

11

PENDING SALES

20

20

16

$1,200,000

0

5 Baths Custom Pool & Indoor Finishes SOLD

$1,100,000

12

$1,000,000

10

2

6

JUL

AUG

SEP

OCT

0

3 Baths Custom Finishes

MEDIAN SALE PRICE

2

$600,000

4 Beds

$555,000

4 $700,000

8231 Canopy Terrace

SOLD IN PAST 90 DAYS

8

$800,000

Over List Price!

PENDING SALES

14

$900,000

MEDIAN SALE PRICE

6 Beds

CASERAS MARKET REPORT

1

18

$1,300,000

SOLD IN PAST 90 DAYS

$1,087,000

7773 Marvanna Ln

ACTIVE LISTINGS $1,400,000

IN UNDER 2 WEEKS

JUL

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

AUG

SEP

2020

OCT

2021

Our Success in Parkland Golf

1

JUST LISTED

3

CLOSED

$2,845,000 IN SALES