DECEMBER 2021 Edition
www.LIVEINTh eRan ch es.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
THE RANCHES
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
6252 NW 65th Terrace
UNDER CONTRACT IN 2 DAYS FULL DETAILS INSIDE
Presented by www. LIVEINTh eRan ch es.com
DECEMBE R 2021 Edition
Michael Citron
Prepared Exclusively for
Get Your Free Home Evaluation Today Visit www.LIVEINTheRanches.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. The Ranches’ median sales price is $2,500,000 which is greater than the median sales price of all of Parkland at $885,000 by $1,615,000. In Parkland, single family homes are going under contract in just 27 days based on sales from the past 90 days.
UNDER CONTRACT IN 2 DAYS Custom Marketing Campaign
Inventory is still very low, but I am forecasting that after the holidays and when mortgage interest rates rise, home inventory will increase causing the market to shift.
Dozens of 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.
Expert Negotiation
Visit: LIVEINTheRanches.com to request a home market analysis and customized marketing plan or Call 954-609-0591.
UNDER CONTRACT OVER ASK
THE RANCHES
2
$1,000,000
1
6427 NW 80th Terrace Represented Seller
$500,000
0
D O L S D L
L
S
$1,500,000
MEDIAN SALE PRICE
O
$2,000,000
O
$2,500,000
SOLD IN PAST 90 DAYS
$2,500,000
D
D
3
Represented Buyer & Seller
$150,000 Over List Price D
$3,000,000
L
5
SOLD FOR FULL PRICE
$3,500,000
6347 NW 72nd Way
Represented Seller
Represented Buyer & Seller
4
O
PENDING SALES
$4,000,000
5442 NW 80th Terrace
7271 NW 65th Terrace
S
2020-2021 Comparison
ACTIVE LISTINGS
2
S
NUMBER OF HOMES SOLD*
2020-2021 Comparison
S
5
MEDIAN SALES PRICE*
$50,000 Over List Price
O L
D O
L
DECEMBER 2021 MARKET REPORT Home values soared and inventory plummeted.
S
SINGLE FAMILY MARKET REPORT
$30,000 Over List Price
6001 NW 72nd Way Represented Seller
7175 NW 65th Terrace Represented Buyer
0 JUL
AUG
SEP
OCT
JUL
*Data shown for the sales in The Ranches is based on the MLS and is deemed to be reliable but should be verified.
AUG
SEP
2020
OCT
2021
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