December 2021 - Parkland Isles - Market Update

DECEMBER 2021 Edition

www.LIVEINParklan dIsles.com

Permit # 3018

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

#1 PARKL AND ISLES REAL ESTATE TEAM

Our Success in 2021

PARKLAND ISLES

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

10695 NW 61st Court

SOLD $36,000 Over Asking!

FULL DETAILS INSIDE

Presented By Resident Realtors

www. LIVEINParklan dIsles.com

DECEMBE R 2021 Edition

Michael Citron & Paula Alves

Prepared Exclusively for

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

Prepared Exclusively for

Your Parkland Isles Resident Realtor, 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 Isles’ median sales price is $650,000 which is around $235,000 lower 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.

SOLD $36,000 Over Asking Price!

Custom Marketing Campaign

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 .

29 Families At Open House

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.

7 Offers Listed for $589,000

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

Sold for $625,000

HIGHEST SALE IN PARKLAND ISLES

0

MEDIAN SALES PRICE*

2020-2021 Comparison

$1,000,000

4

$500,000

3

$400,000

D L O

$600,000

L D

D

5

S

$650,000 MEDIAN SALE PRICE

$30,000 Over List Price

$53,000 Over List Price

6

S

5

Represented Seller

$800,000 $700,000

SOLD IN PAST 90 DAYS

Represented Buyer & Seller

7

$900,000

11294 NW 65 Court

11012 NW 70th Court

O L

PENDING SALES

S

O

NUMBER OF HOMES SOLD*

2020-2021 Comparison

ACTIVE LISTINGS

5

O

L

DECEMBER 2021 MARKET REPORT Home values soared and inventory plummeted.

S

SINGLE FAMILY MARKET REPORT

D

PARKLAND ISLES

$30,000 Over List Price

2

$300,000

$200,000

0

0 JUL

AUG

SEP

OCT

11299 NW 65 Manor

7069 NW 113th Ave

1

$100,000

JUL

*Data shown for the sales in Parkland Isles 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 Parkland Isles

Represented Seller

9

CLOSED

$6,938,000 IN SALES