Parkland Parrot

Archive for the 'Market Report' Category

39 Parkland Single Family Homes Sold in April 2012

Parkland Real Estate Single Family Market Home Update For April 2012 Presented By Realtor Michael Citron

Property Address	Type Of Listing	Community	Price	Beds/Baths	Pool?	Water View?	Square Feet
8731 Valencia Court	Regular Sale	Majestic Grove	$2,000,000	5/5.5	Yes	No	7,139
7620 N. Cypresshead Drive	Regular Sale	Cypress Head	$1,316,000	6/6.5	Yes	Yes	6,800
6620 Holmberg Road	Short Sale	Pine Tree Estates	$1,235,000	5/5.5	Yes	No	7,900
6850 Long Leaf Drive	Regular Sale	Parkland Golf & Country Club	$1,125,000	5/4.5	Yes	Yes	5,142
6840 Long Leaf Drive	Regular Sale	Parkland Golf & Country Club	$995,000	6/5	Yes	Yes	4,683
6823 NW 116th Avenue	Regular Sale	Heron Bay – Olde Brooke	$915,000	6/5	Yes	Yes	4,800
7216 NW 65th Terrace	Regular Sale	Pine Tree Estates	$835,000	5/4.5	Yes	No	4,776
6273 NW 75th Way	Regular Sale	Pine Tree Estates	$675,000	5/4.5	Yes	No	4,200
6192 NW 88th Avenue	Regular Sale	Grand Cypress Estates	$660,000	5/4	Yes	No	3,593
7578 NW 117th Lane	Regular Sale	Heron Bay – Highlands	$646,000	5/3	Yes	Yes	3,433
5903 NW 97th Drive	Regular Sale	The Landings	$643,000	5/4	Yes	Yes	3,818
7293 NW 116th Lane	Regular Sale	Heron Bay – Highlands	$630,000	5/3	Yes	Yes	3,220
9547 Cinnamon Court	Regular Sale	Parkland Golf & Country Club	$612,500	4/3.5	Yes	Yes	3,503
12580 NW 65th Drive	Short Sale	Heron Bay – The Estates	$610,000	5/4	Yes	No	3,437
6290 NW 66th Way	My Regular Sale	Pine Tree Estates	$608,000	5/3	Yes	No	2,964
12210 NW 71st Street	Bank Foreclosure	Heron Bay – Edgewood	$600,000	5/4.5	Yes	Yes	3,705
10055 Bay Leaf Court	Short Sale	Parkland Golf & Country Club	$550,750	6/5	Yes	Yes	4,711
6097 NW 79th Way	Regular Sale	Pine Tree Estates	$540,000	4/2.5	Yes	No	3,349
6611 N. Woodridge Drive	Bank Foreclosure	Cypress Head	$536,550	5/4	Yes	No	3,867
7155 NW 67th Way	Regular Sale	Ternbridge	$505,000	5/3.5	Yes	Yes	3,212
11082 NW 81st Manor	Regular Sale	Heron Bay – Meadowbrook	$485,000	4/3	Yes	Yes	2,825
12500 NW 79th Manor	Regular Sale	Heron Bay – Sable Pointe	$480,000	5/3	Yes	No	2,978
7648 NW 122nd Drive	Short Sale	Heron Bay – The Greens	$478,000	5/3	No	Yes	2,943
10974 NW 71st Court	My Regular Sale	Parkland Isles	$472,500	5/3	Yes	No	3,227
6429 NW 99th Drive	Regular Sale	Meadow Run	$471,000	5/3	Yes	Yes	2,906
9924 NW 65th Manor	Regular Sale	Meadow Run	$455,000	5/4	Yes	No	3,067
6116 NW 63rd Way	Regular Sale	Pine Tree Estates	$440,000	4/2	Yes	No	2,222
6315 NW 71st Terrace	Bank Foreclosure	Pine Tree Estates	$440,000	4/2	Yes	No	2,231
8325 NW 125th Lane	Regular Sale	Heron Bay – Sable Pointe	$425,000	5/3	Yes	Yes	3,292
10660 NW 62nd Court	Regular Sale	Parkland Isles	$425,000	4/3	Yes	No	2,870
7721 S. Woodridge Drive	Regular Sale	Cypress Head	$390,000	4/3	Yes	No	2,414
10790 NW 80th Circle	Bank Foreclosure	Heron Bay -Creekside	$378,000	3/2.5	Yes	Yes	2,418
8179 NW 106th Lane	Regular Sale	Heron Bay – Creekside	$355,000	3/2.5	No	No	2,286
6520 NW 74th Drive	Regular Sale	Whittier Oaks	$325,000	4/2.5	Yes	Yes	3,033
8186 NW 105th Lane	Short Sale	Heron Bay – Creekside	$321,000	3/2	No	Yes	2,182
5701 NW 63rd Place	Regular Sale	Sable Pass	$320,000	4/2.5	Yes	No	2,298
12411 NW 78th Manor	Regular Sale	Heron Bay – Heron Cove	$320,000	3/2	No	No	2,056
6474 NW 80th Drive	Regular Sale	Mayfair At Parkland	$310,000	4/2.5	Yes	Yes	2,102
7570 NW 75th Drive	Bank Foreclosure	Whittier Oaks	$295,000	5/3	Yes	Yes	2,336

There were 39 total single family sales for the month of April 2012 ranging in price from $295,000 to $2,000,000. In April, 2012, there were a total 38 Parkland Single Family Homes. There was 1 more Parkland single family homes sold in the month of April, 2012 than in March, 2012. Among the April sales, 10 were distressed sales (bank foreclosures or short sales). 26% of all sales were distresses ones.

The single family real estate market in Parkland, FL is on fire!  Homes sales again were steady from last month. Also, distressed properties are also approximately 1/4 of all sales,which is very low in comparison to other neighboring cities such as Coral Springs or Coconut Creek.  Parkland is a more stable city causing more and more people to call the city home for their families.

Other exciting real estate news is that 4 homes sold for over a million dollars in the month of April, 2012.  As a result, Parkland luxury real estate is selling well!  This month’s market update proves that the market is stabilizing.  Inventory is at records low levels resulting in less supply and more and more demand.  I foresee this sales trend continuing this Summer, as even a larger pool of buyers will be entering the real estate market eager to purchase a home in the City of Parkland.  We could possibly see the busiest real estate Summer in years!

As a result, if you are thinking about selling your home, now is certainly the time.  With less competition, especially distressed sales, your home will get immediate attention from qualified buyers ready and able to offer top market dollar for your home.  Your home sale could be next!  Please give me a call directly at: 954-609-0591 for your customized comparative market analysis.  Let my full service and aggressive marketing plan work for you and your family!  After you sell your home, you can still take advantage of the record low interest rates for your next home.  It is truly a win win for your next real estate move!   If you would like to know what your home is worth and what you can afford when purchasing a new home, please give me a call.

Parkland is one of the most desirable areas in all of South Florida. It is more stable than neighboring areas such as Coral Springs or Coconut Creek. More and more people are looking to call Parkland home and live the Parkland Lifestyle. With excellent schools, many parks, and a plethora of other activities for the entire family to enjoy, Parkland will continue to grow and become one of the most sought-after communities in South Florida.

Every month, I make sure to post each and every single family home resale that takes place in the City of Parkland, Florida. Being a Parkland resident, I know how important is to keep abreast of the monthly real estate sales and market activity. If you would like to see home sales in the past months, please click here.

Know the neighborhood. Know the value. Know your hometown agents: The Parkland Parrot Real Estate Team. If you are interested in buying or selling in Parkland or South Florida and are looking for experienced local Realtors, please do not hesitate to contact the Squawk at 954-609-0591 or send us a message here.

To stay updated with all Parkland real estate information, receive our blog posts via email by subscribing here. After registering, you must activate the subscription in a follow-up email.

38 Parkland Single Family Homes Sold in March 2012

Parkland Real Estate Single Family Market Home Update For March 2012 Presented By Realtor Michael Citron

Property Address	Type Of Listing	Community	Price	Beds/Baths	Pool?	Water View?	Square Feet
7600 Marblehead Lane	Regular Sale	Cypress Head	$1,400,000	6/6	Yes	Yes	5,546
7023 Lost Garden Terrace	Regular Sale	Parkland Golf & Country Club	$1,375,000	5/5.5	Yes	Yes	5,736
7710 Newport Lane	Regular Sale	Cypress Head	$1,060,000	6/4.5	Yes	Yes	5,500
7709 NW 117th Lane	Regular Sale	Heron Bay – Highlands	$845,000	6/5	Yes	Yes	4,653
7722 Yosemite Lane	Regular Sale	Cypress Head	$750,000	5/3.5	Yes	No	4,008
9762 Clemmons Street	Short Sale	Parkland Golf & Country Club	$649,000	5/4.5	Yes	Yes	4,279
7821 Salem Lane	Regular Sale	Cypress Head	$640,000	6/4.5	Yes	No	4,537
7838 NW 111th Way	Regular Sale	Heron Bay – Greenbriar	$600,000	4/3	Yes	Yes	3,190
6157 NW 63rd Way	Regular Sale	Pine Tree Estates	$580,000	5/3	Yes	No	2,967
7506 Appalachian Lane	Regular Sale	Cypress Head	$525,000	4/3.5	Yes	No	3,400
10992 NW 70th Court	Regular Sale	Parkland Isles	$520,000	4/3	Yes	Yes	3,433
8254 NW 107th Terrace	Regular Sale	Heron Bay – Creekside	$507,500	5/3	Yes	Yes	3,307
12535 NW 67th Drive	Short Sale	Heron Bay – Heron Estates	$507,000	4/3	No	Yes	3,248
6514 NW 104th Terrace	Regular Sale	Fox Ridge	$499,000	5/4	Yes	No	3,203
11246 NW 65th Manor	Short Sale	Parkland Isles	$319,000	4/3	No	No	2,124
6621 NW 99th Avenue	MY Regular Sale	Meadow Run	$490,000	5/4.5	Yes	Yes	3,200
12232 NW 75th Place	Bank Foreclosure	Heron Bay – The Greens	$485,000	5/3	Yes	Yes	3,453
6778 NW 110th Way	Regular Sale	Parkland Isles	$480,000	4/3.5	Yes	Yes	2,815
12420 NW 83rd Court	Regular Sale	Heron Bay – Sable Point	$477,500	5/3	No	Yes	2,844
8040 NW 124th Terrace	Regular Sale	Heron Bay-Banyan Isles	$467,000	4/3	Yes	Yes	3,040
7681 NW 120th Drive	Regular Sale	Heron Bay – The Greens	$465,000	4/2.5	No	Yes	2,498
9930 NW 60th Place	Regular Sale	The Landings	$455,000	4/3	Yes	No	2,715
7150 NW 84th Avenue	Regular Sale	BBB Ranches	$435,000	4/4	Yes	No	2,729
6216 NW 80th Terrace	Bank Foreclosure	Pine Tree Estates	$421,000	4/3	Yes	No	3,258
6041 NW 61st Street	Regular Sale	Country Point	$415,000	4/2.5	Yes	No	2,572
11338 NW 70th Court	Regular Sale	Parkland Isles	$415,000	5/3	Yes	No	2,654
5901 NW 61st Manor	Short Sale	Country Point Estates	$400,500	4/3.5	Yes	Yes	2,832
6689 NW 128th Way	Regular Sale	Heron Bay – Casa Del Sol	$385,000	4/2.5	Yes	No	2,608
9467 Satinleaf Place	Short Sale	Parkland Golf & Country Club	$360,000	3/2.5	No	No	2,431
11167 NW 65th Court	MY Regular Sale	Parkland Isles	$345,000	3/2	Ye	Yes	1,977
6462 NW 80th Drive	Regular Sale	Mayfair At Parkland	$343,000	4/2.5	Yes	Yes	2,086
6400 NW 58th Terrace	Regular Sale	Sable Pass	$335,000	4/2.5	Yes	No	2,265
7254 NW 116th Way	Regular Sale	Heron Bay – Bay Cove	$330,000	3/2	No	Yes	2,056
6413 NW 110th Avenue	Regular Sale	Parkland Isles	$330,000	4/2	No	Yes	2,127
5731 NW 60th Street	Bank Foreclosure	Sable Pass	$285,000	4/2	Yes	Yes	2,343
6535 NW 78th Drive	Regular Sale	Mayfair At Parkland	$250,000	3/2	No	No	1,741
6310 NW 77th Court	Short Sale	Mill Run	$238,900	4/2	No	Yes	2,115
6540 Sutton Court	Regular Sale	The Mews	$225,000	3/2	No	No	1,487

There were 38 total single family sales for the month of February 2012 ranging in price from $225,000 to $1,400,000. In April, 2012, there were a total 19 Parkland Single Family Homes.  There were 19 more Parkland single family homes sold in the month of March, 2012 than in February, 2012. Among the February sales, 9 were distressed sales (bank foreclosures or short sales). 24% of all sales were distresses ones.

Sales in Parkland have significantly picked up in March, 2012 and look to increase as we are in full swing of the Spring and upcoming Summer real estate selling season.  We saw a lot of luxury homes selling in March including many in Cypress Head and Parkland Golf & Country Club.  It is also great to see how buyers are purchasing in newer communities as well as older ones.  As a result, buyers see the value in living in different neighborhoods in the city.

Distressed sales have decreased in the City of Parkland, Florida.  But, some experts believe that the banks and lending institutions are just holding back their bank foreclosure inventory until the Summer and towards the end of the year.  Also, inventory has been at record lows.  Currently, there are 180 total single family homes for sale in Parkland.  This is a significant drop in the past 6-12 months.  As we know, when supply falls, demand increases.  I am telling our clients that this Spring and Summer will be the busiest time for real estate buyer activity than we have seen since the boom.  If you are thinking about selling your home, now truly is the perfect time, as you will sell for top market dollar or more, and then be able to take advantage of very low interest rates on your future purchase.  If you would like to know what your home is worth and what you can afford when purchasing a new home, please give me a call directly at: 954-609-0591.

Parkland is one of the most desirable areas in all of South Florida. It is more stable than neighboring areas such as Coral Springs or Coconut Creek. More and more people are looking to call Parkland home and live the Parkland Lifestyle. With excellent schools, many parks, and a plethora of other activities for the entire family to enjoy, Parkland will continue to grow and become one of the most sought-after communities in South Florida.

Every month, I make sure to post each and every single family home resale that takes place in the City of Parkland, Florida. Being a Parkland resident, I know how important is to keep abreast of the monthly real estate sales and market activity. If you would like to see home sales in the past months, please click here.

Know the neighborhood. Know the value. Know your hometown agents: The Parkland Parrot Real Estate Team. If you are interested in buying or selling in Parkland or South Florida and are looking for experienced local Realtors, please do not hesitate to contact the Squawk at 954-609-0591 or send us a message here.

To stay updated with all Parkland real estate information, receive our blog posts via email by subscribing here. After registering, you must activate the subscription in a follow-up email.

19 Parkland Single Family Homes Sold in February 2012

Parkland Real Estate Single Family Market Home Update For February 2012 Presented By Realtor Michael Citron

Property Address	Type Of Listing	Community	Price	Beds/Baths	Pool?	Water View?	Square Feet
7682 NW 127th Manor	Regular Sale	Heron Bay – Vistas	$758,000	6/5	Yes	Yes	4,777
6454 NW 65th Terrace	Regular Sale	Pine Tree Estates	$656,000	5/4	Yes	No	2,996
6005 NW 97th DRIVE	Regular Sale	The Landings	$555,000	5/3	Yes	Yes	3,424
8320 NW 105th Lane	Regular Sale	Heron Bay – Creekside	$512,500	5/4	Yes	No	3,470
9524 Exbury Court	Short Sale	Parkland Golf & Country Club	$465,000	4/2.5	Yes	No	2,575
12630 NW 76th Street	Regular Sale	Heron Bay – Vistas	$477,500	4/3	No	Yes	3,063
7115 Spyglass Avenue	Regular Sale	Parkland Golf & Country Club	$465,000	4/2.5	Yes	No	2,575
7079 NW 68th Drive	Regular Sale	Ternbridge	$465,000	3/3	Yes	Yes	2,614
9601 Cinnamon Court	Regular Sale	Parkland Golf & Country Club	$430,000	3/2.5	Yes	Yes	2,754
6836 NW 66th Way	Bank Foreclosure	Pine Tree Estates	$407,000	4/3	No	No	3,059
7668 NW 122nd Drive	Short Sale	Heron Bay – The Greens	$389,000	4/2	No	Yes	2,498
7560 NW 75th Drive	Regular Sale	Whittier Oaks	$380,000	4/3	Yes	Yes	2,619
11579 NW 72nd Place	Regular Sale	Heron Bay – Bay Cove	$350,000	3/3	No	Yes	2,196
6653 NW 81st Court	Regular Sale	Mayfair At Parkland	$340,000	4/3.5	Yes	No	2,173
11246 NW 65th Manor	Short Sale	Parkland Isles	$319,000	4/3	No	No	2,124
7060 NW 75th Street	Short Sale	Cypress Cay	$250,000	4/2	No	No	2,071
7603 NW 70th Avenue	Regular Sale	Parkside Estates	$248,500	3/2	Yes	No	1,848
6430 NW 58th Terrace	Short Sale	Sable Pass	$245,000	3/2.5	No	Yes	1,755
6793 NW 81st Court	Bank Foreclosure	Mayfair At Parkland	$230,000	3/2	No	No	1,913

There were 19 total single family sales for the month of February 2012 ranging in price from $230,000 to $758,000.  In January, 2012, there were 17 total single family home sales. There were 2 more Parkland single family homes sold in the month of February, 2012 than in January, 2012.  Among the February sales, 7 were distressed sales (bank foreclosures or short sales). 37% of all sales were distresses ones.

We are seeing a decrease in the amount of distressed sales in Parkland, Florida.  As more and more distressed sales are sold, the overall Parkland real estate market will settle in the coming months.  Inventory is a record low levels in Parkland.  Buyers are also purchasing pre-construction homes in Heron Bay, Parkland Golf & Country Club, and Parkland Reserve. Currently there are 194 total single family homes for sale in all of Parkland.  As a result, buyers do not have a plethora of available homes to choose from.

Parkland home listings that are priced and presented well sell in days, not months.  If you are currently thinking about selling your Parkland or South Florida home, now is the time.  Buyers are willing to pay at least market to above market value for homes in the city.  If you are an empty nester or need a larger home for your growing family, now is the ideal time to make the move.  Interest rates are at record low levels.  You will be able to sell your home for top market dollar, and then be able to take advantage of low interest rates when purchasing your next home.  It is a win win situation for all Parkland homeowners.

The Parkland and South Florida real estate market will pick up even more as Spring is here.  More buyers will be entering the market in the coming weeks and months.  Inventory will increase, but I do not believe it will increase enough to meet the large demand of buyers looking to call Parkland their home!

As I have stated in past market update blog posts, I certainly see the overall Parkland real estate market stabilizing this year.  In many Parkland communities, we are already seeing this settlement along with some price increases.  Parkland is one of the most desirable areas in all of South Florida.  It is more stable than neighboring areas such as Coral Springs or Coconut Creek. More and more people are looking to call Parkland home and live the Parkland Lifestyle. With excellent schools, many parks, and a plethora of other activities for the entire family to enjoy, Parkland will continue to grow and become one of the most sought-after communities in South Florida.

Every month, I make sure to post each and every single family home resale that takes place in the City of Parkland, Florida. Being a Parkland resident, I know how important is to keep abreast of the monthly real estate sales and market activity. If you would like to see home sales in the past months, please click here.

Know the neighborhood. Know the value. Know your hometown agents: The Parkland Parrot Real Estate Team. If you are interested in buying or selling in Parkland or South Florida and are looking for experienced local Realtors, please do not hesitate to contact the Squawk at 954-609-0591 or send us a message here.

To stay updated with all Parkland real estate information, receive our blog posts via email by subscribing here. After registering, you must activate the subscription in a follow-up email.

17 Parkland Single Family Homes Sold in January 2012

Parkland Real Estate Single Family Market Home Update For January 2012 Presented By Realtor Michael Citron

Property Address	Type Of Listing	Community	Price	Beds/Baths	Pool?	Water View?	Square Feet
6143 NW 85th Way	Bank-Owned	Tall Pines	$650,000	6/5	Yes	Yes	4,046
11687 NW 69th Place	Short Sale	Heron Bay – Olde Brooke	$650,000	6/3.5	Yes	Yes	3,743
8380 NW 123rd Way	Regular Sale	Heron Bay	$600,000	5/4	Yes	Yes	3,398
5999 NW 62nd Terrace	Regular Sale	Pine Tree Estates	$588,500	4/2.5	Yes	No	3,701
9578 Kenley Court	Regular Sale	Parkland Golf & CC	$550,000	5/4	Yes	Yes	3,786
7563 NW 124th Ave	Regular Sale	Heron Bay – Vistas	$525,000	5/3	Yes	Yes	3,135
6040 NW 96th Way	Regular Sale	The Landings	$480,000	5/3	Yes	No	3,124
6095 NW 75th Way	Regular Sale	Pine Tree Estates	$479,000	5/4	Yes	No	2,891
12352 NW 80th Place	Regular Sale	Heron Bay- Banyan Isles	$418,000	4/3	No	Yes	2,955
6488 NW 99th Ave	Regular Sale	Meadow Run	$407,000	5/3.5	Yes	No	2,792
6031 NW 61st Manor	Short Sale	Country’s Point	$400,000	4/3	Yes	No	3,165
9983 NW 64th Court	Regular Sale	Meadow Run	$400,000	4/3	No	Yes	2,291
6411 NW 58th Way	Regular Sale	Sable Pass	$365,000	3/2.5	Yes	Yes	2,161
6741 NW 66th Way	Bank-Owned	Pine Tree Estates	$350,000	3/2	No	No	2,288
11700 NW 71st Place	Short Sale	Heron Bay	$340,000	3/2	No	Yes	2,056
7355 NW 60th Lane	Short Sale	Parkwood IX	$285,000	4/2	Yes	Yes	2,314
6665 NW 75th Place	Short Sale	Whittier Oaks	$269,000	4/3	Yes	No	2,384

There were 17 total single family sales for the month of January 2012 ranging in price from $269,000 to $650,000 In December, 2011, there were 31 total single family home sales. There were 14 less Parkland single family homes sold in the month of January, 2011 than in December, 2011. Among the January sales, 7 were distressed sales (bank foreclosures or short sales). 41% of all sales were distresses ones.

There was a large increase in distressed sales from last month in the City of Parkland.  I believe that this is a good thing for the overall real estate market, as more and more properties that were not being well-kept, and even vacant, are now owned by homeowners that will take much better care of the properties.  The real estate market does not start picking up until the end of Fall and into the Spring months.  As a result, there were only 17 total single family sales in Parkland, Florida for January, 2012.

Inventory is very low right now.  I am telling many sellers that are thinking about putting their homes on the market to do so now as opposed to later this year, as there will be a larger inventory of homes for sale, especially bank foreclosure listings.  Motivated buyers have less and less inventory to choose from.  Banks are set to release more of their bank-owned inventory in the coming months.  If you are in the market for home, now is also a great time to start looking as interest rates are still under 4%.  I am also telling clients that are currently renting to speak with a mortgage lender, as you may be able to spend less money per month and be able to be a homeowner.  Now is the time to get educated and speak with both a mortgage and real estate professional.

As more and more distressed Parkland real estate inventory is selling and coming off the market, I foresee the overall Parkland and South Florida single family home market stabilizing by the end of 2012.  In some areas of Parkland, it is already happening!  Parkland is also a very desirable area to call home as the city is more stable than neighboring areas such as Coral Springs or Coconut Creek. More and more people are looking to call Parkland home and live the Parkland Lifestyle. With excellent schools, many parks, and a plethora of other activities for the entire family to enjoy, Parkland will continue to grow and become one of the most sought-after communities in South Florida.

Every month, I make sure to post each and every single family home sale that takes place in the City of Parkland, Florida. Being a Parkland resident, I know how important is to keep abreast of the monthly real estate sales and market activity. If you would like to see home sales in the past months, please click here.

Know the neighborhood. Know the value. Know your hometown agents: The Parkland Parrot Real Estate Team. If you are interested in buying or selling in Parkland or South Florida and are looking for experienced local Realtors, please do not hesitate to contact the Squawk at 954-609-0591 or send us a message here.

To stay updated with all Parkland real estate information, receive our blog posts via email by subscribing here. After registering, you must activate the subscription in a follow-up email.

31 Parkland Single Family Homes Sold in December 2011

Parkland Real Estate Single Family Market Home Update For December 2011 Presented By Realtor Michael Citron

Property Address	Type Of Listing	Community	Price	Beds/Baths	Square Feet
7120 Lemon Glass Dr	Regular Sale	Parkland Golf & CC	$2,400,000	6/6.5	8,363
6740 NW 122nd Ave	Short Sale	Heron Bay – Heron Estates	$1,050,000	5/6.5	5,200
7309 NW 127th Way	Regular Sale	Heron Bay – Colony	$982,000	5/4.5	8,814
11880 NW 81st Ct	Regular Sale	Heron Bay – Sawgrass Bay	$764,500	5/4.5	5,226
8015 NW 117th Way	Short Sale	Heron Bay – Sawgrass Bay	$730,000	5/4.5	4,929
6751 NW 117th Ave	Bank Owned	Heron Bay – Olde Brooke	$730,000	6/5	5,851
6175 NW 85th Way	Regular Sale	Tall Pines	$725,000	6/4	4,478
6432 NW 72nd Way	Short Sale	Pine Tree Estates	$685,000	4/5	6,731
8177 Emerald Ave	Regular Sale	Parkland Golf & CC	$645,000	5/4.5	4,207
7423 NW 124th Ave	Regular Sale	Heron Bay – Vistas	$625,000	5/3	3,300
7880 Holmberg Road	Regular Sale	Pine Tree Estates	$600,000	5/3.5	5,000
6663 NW 127th Ter	Regular Sale	Heron Bay – The Estates	$600,000	5/4.5	3,863
7120 W Cypress head Dr	Regular Sale	Cypress Head	$585,000	4/3.5	3,842
9625 NW 61st Dr	Regular Sale	The Landings	$495,000	4/2.5	2,891
8300 NW 105th Ln	Regular Sale	Heron Bay – Creekside	$480,000	4/3	3,225
11177 NW 68th Place	Regular Sale	Parkland Isles	$460,000	5/3	2,654
6542 NW 103rd Ter	Regular Sale	Fox Ridge	$450,000	5/4	3,203
10592 NW 61st Ct	Regular Sale	Parkland Isles	$412,500	3/2	1,997
7825 NW 123rd Ave	Regular Sale	Heron Bay – Heron Cove	$390,000	4/3	2,567
12360 NW 77th Manor	Regular Sale	Heron Bay – Heron Cove	$358,000	4/3	2,247
7120 Hialeah Lane	Short Sale	Cypress Head	$350,000	4/2	2,734
6373 NW 110th Ave	Regular Sale	Parkland Isles	$327,500	4/3	2,128
8275 NW 105th Ln	Regular Sale	Heron Bay – Creekside	$325,000	5/4	3,352
6398 NW 107th Ter	Short Sale	Parkland Isles	$325,000	3/2	2,100
7860 NW 61st Ter	Regular Sale	Parkland Place	$316,000	4/2.5	2,785
6707 NW 81st Ct	Regular Sale	Mayfair	$306,000	4/2.5	2,518
7836 NW 62nd Way	Regular Sale	Mayfair	$250,000	3/2	1,800
7848 NW 62nd Way	Short Sale	Mayfair	$236,000	3/2	1,380
5858 NW 119th Dr	Regular Sale	Heron Bay – Tuscany	$230,114	2/2	1,596
6350 NW 77th Ct	Short Sale	Mill Run	$192,500	4/2.5	2,351
6520 Sutton Ct	Regular Sale	Cypress Head	$179,000	2/2	1,875

There were 31 total single family sales for the month of December 2011 ranging in price from $179,000 to $2,400,000 Last month, there were 21 total single family home sales. There were 10 more Parkland single family homes sold in the month of December, 2011 than in November, 2011. Among the December sales, 8 were distressed sales (bank foreclosures, short sales, or corporate owned properties). 25% of all sales were distresses ones.

There was a 61% increase in sales from last month.  Many buyers wish to close on their new homes before the end of the year for tax purchases and homestead exemptions.  I believe that there will continue to be more sales in early 2012 due to the increase in buyer activity in the City of Parkland, Florida. But, inventory is still very low in the city.  As a result, potential buyers have less and less homes to choose from.

Also, distressed sales are steadily declining in Parkland.  In December 2011, there were only 8 total distressed sales (bank foreclosures and/or short sales).  Hopefully, as this pattern continues, the overall real estate market in Parkland will stabilize.

Parkland is also a very desirable area to call home as the city is more stable than neighboring areas such as Coral Springs or Coconut Creek. More and more people are looking to call Parkland home and live the Parkland Lifestyle. With excellent schools, many parks, and a plethora of other activities for the entire family to enjoy, Parkland will continue to grow and become one of the most sought-after communities in South Florida.

Every month, I make sure to post each and every single family home sale that takes place in the City of Parkland, Florida. Being a Parkland resident, I know how important is to keep abreast of the monthly real estate sales and market activity. If you would like to see home sales in the past months, please click here.

Know the neighborhood. Know the value. Know your hometown agents: The Parkland Parrot Real Estate Team. If you are interested in buying or selling in Parkland or South Florida and are looking for experienced local Realtors, please do not hesitate to contact the Squawk at 954-609-0591 or send us a message here.

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