Parkland Real Estate Home Market Update For August 2010

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Parkland Real Estate Home Market Update For August 2010

First, the Parkland Squawk would like to apologize for our delay in displaying the sales report for single family homes in Parkland for the month of August.  But, better late than never!

August, 2010 Parkland Single Family Real Estate Market Update

parkland--real-estate-sales-august-2010There were 35 total single family sales for the month of August, 2010 ranging in price from $240,020 to $1,100,000. Last month, there were  39 total single family home sales. There were 4 less Parkland single family home sales in the month of August than in July, 2010.

Among the 35 sales for the month of July, 16 sales were located in Heron Bay & Parkland Golf & Country Club.  Many of the short sales and foreclosures are located in these two communities.  Buyers continue to purchase these homes at record low prices.  The buyer activity in these two communities has been very consistent for the past 6 months, which is great news for the overall Parkland real estate market.

Both the short sale and bank foreclosure inventory has been moving.  As a result, 20 of the 35 Parkland single family homes sold in the month of August have been distressed sales (short sales or bank foreclosures).

It’s amazing to see how affordable it currently is to buy and live in the City of Parkland.  Mortgage interest rates continue to be at record low levels!  What are buyers waiting for?  Take advantage of this market and raise your kids in one of the best cities in the country!  Click on the following link to learn the Top 5 Reasons To Live In Parkland Florida

If you are interested in buying or selling real estate in Parkland or South Florida and are looking for experienced local Realtors, please do not hesitate to contact the Squawk at or send us a message here.

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