"A Bird's Eye View of Parkland Real Estate"

Archive for the 'Market Report' Category

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.

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.

21 Parkland Single Family Homes Sold in November 2011

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

Property Address Type Of Listing Community Price Beds/Baths Square Feet
6831 NW 103rd Ter Regular Sale Fox Ridge Estates $750,000 5/4.5 3,818
7720 Newport Lane Regular Sale Cypress Head $725,000 5/3.5 3,688
11162 NW 68th Place Regular Sale Parkland Isles $592,000 5/4 3,652
7721 E upper Ridge Drive Regular Sale Cypress Head $582,500 5/4.5 4,500
7641 Hyanis Lane Short Sale Cypress Head $580,000 5/3.5 4,033
5807 NW 63rd Way Regular Sale Pine Tree Estates $530,000 5/3 3,569
9584 Ginger Court Regular Sale Parkland Golf & CC $530,000 5/3.5 3,705
9954 NW 65th Mnr Regular Sale Meadow Run $492,500 5/4 2,856
8072 NW 125th Ter Regular Sale Heron Bay – Sable Pointe $450,000 4/3 3,118
8251 NW 122nd Lane Regular Sale Heron Bay – Banyan Isles $430,000 4/3 3,082
12320 NW 81st St Regular Sale Heron Bay – Banyan Isles $425,000 4/3 2,600
6626 NW 112th Ave Regular Sale Parkland Isles $385,000 4/2 2,192
9681 Ginger Court Regular Sale Parkland Golf & CC $385,000 3/3 2,705
6691 NW 103rd Lane Short Sale Fox Ridge $380,000 5/4 3,500
11244 NW 65th Ct Short Sale Parkland Isles $300,000 4/3 2,550
6029 NW 74th Street Regular Sale Parkwood $275,000 4/2.5 2,567
8266 NW 124th Ter Short Sale Heron Bay – Sable Pointe $250,000 4/3 3,369
7650 NW 70th Avenue Bank Foreclosure Parkside Estates $240,000 4/2.5 2,068
6260 NW 78th Drive Regular Sale Mayfair $240,000 4/3.5 2,601
8061 NW 125th Ter Regular Sale Heron Bay – Sable Pointe $210,000 3/3 2,771
7600 NW 61st Ter Bank Foreclosure Terramar $210,000 4/5 2,332

There were 21 total single family sales for the month of November 2011 ranging in price from $210,000 to $750,000 Last month, there were 25 total single family home sales. There were 4 less Parkland single family homes sold in the month of November, 2011 than in October, 2011. Among the November sales, 6 were distressed sales (bank foreclosures, short sales, or corporate owned properties).
29% of all sales were distresses ones.

Inventory is very low in the City of Parkland.  It is common at this time that potential sellers are waiting until the beginning of 2012 to put their homes on the market for sale.  Also, banks and lending institutions are also going to be releasing more foreclosure inventory in the coming months.  As a result, Parkland real estate inventory will increase in the coming weeks and months resulting in more sales and market activity.

I emphasized in my last month’s market update that distressed sales are down in Parkland, Florida.  This trend has continued for the month of November, 2011, as there were only 6 total bank foreclosures and short sales sold.  Hopefully this will help stabilize the real estate market in Parkland leading into 2012, as more buyers, especially investors, are purchasing the distressed real estate inventory.  The Parkland real estate market is much more stable than neighboring cities 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.

If you are thinking about purchasing a home in Parkland, Florida, now is the time, as interest rates are at record low levels. Also, homes in Parkland have never been more affordable than right now!

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.

25 Parkland Single Family Homes Sold in October 2011

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

Property Address Type Of Listing Community Price Beds/Baths Square Feet
8968 Pinebrook Ct Regular Sale In The Pines $1,250,000 5/6.5 5,255
7613 Rocky Lane Regular Sale Cypress Head $807,000 4/4 3,955
6930 W Cypresshead Dr Regular Sale Cypress Head $793,888 5/5.2 4,596
6893 NW 116th Ave Regular Sale Heron Bay – Olde Brooke $764,000 5/4.5 4,500
6252 NW 65th Ter Regular Sale Pine Tree Estates $617,000 5/4 3,470
7089 NW 65th Ter Short Sale Pine Tree Estates $560,500 5/3 3,569
7015 Spyglass Ave Regular Sale Parkland Golf & CC $550,000 4/3 3,297
6748 NW 110th Way Regular Sale Parkland Isles $485,000 5/3.5 3,063
9574 Ginger Ct Regular Sale Parkland Golf & CC $450,000 5/3 3,044
6694 NW 70th Place Short Sale Ternbridge $446,200 5/4.5 3,424
7230 NW 64th Ter Regular Sale Ternbridge $440,000 4/3 2,465
8251 NW 122nd Lane Regular Sale Heron Bay – Banyan Isles $430,000 4/3 3,282
11555 NW 75th Manor Regular Sale Heron Bay – The Reserves $425,000 4/3 2,550
7078 NW 67th Ter Regular Sale Ternbridge $408,000 3/2.5 2,700
10447 NW 58th Place Regular Sale Waters Edge $400,001 5/3.5 3,228
8255 NW 105th Lane Regular Sale Heron Bay – Creekside $375,000 4/3 2,765
10752 NW 61st Court Regular Sale Parkland Isles $365,000 4/3 2,327
6740 NW 75th Place Regular Sale Whitier Oaks $330,000 4/3 2.262
5751 NW 62nd Manor Short Sale Country’s Point $280,000 4/2.5 2,361
9509 Ginger Court Short Sale Parkland Golf & CC $270,000 5/4 3,645
6321 NW 58th Way Bank Foreclosure Sable Pass $270,000 4/2.5 2,681
7908 NW 62nd Way Regular Sale Mayfair $250,000 3/2 1,867
5496 NW 78th Drive Regular Sale Mayfair $240,000 3/2 1,736
7887 NW 62nd Ter Short Sale Parkland Place $210,000 3/2 1,909
8019 66th Way Regular Sale Mayfair $208,000 3/2.5 2,308

There were 25 total single family sales for the month of October 2011 ranging in price from $208,000 to $1,250,000 Last month, there were 29 total single family home sales. There were 4 less Parkland single family homes sold in the month of October, 2011 than in September, 2011. Among the October sales, 6 were distressed sales (bank foreclosures, short sales, or corporate owned properties).24% of all sales were distresses ones.

As stated in our September market report, it is typical that Parkland and South Florida home sales decline around this time as buyers and sellers focus more on the upcoming holiday season.  But, great news is that there were only 6 distressed sales in the entire month of September.  With less bank foreclosures and short sales on the market, the overall Parkland and South Florida will stabilize in the coming months.

If you are thinking about making a move to Parkland, Florida, now is the time, as interest rates are at record low levels.  Also, homes in Parkland have never been more affordable than right now!  Parkland is one of the best places in the country to raise a family with excellent schools, parks & recreational activities to enjoy.

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.

29 Parkland Single Family Homes Sold in September 2011

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

Property Address Type Of Listing Community Price Beds/Baths Square Feet
8968 Pinebrook Court Regular Sale In The Pines $1,250,000 5/6.5 5,255
6960 NW 70th Street Regular Sale Cypress Trail $835,000 6/4.5 4,369
6930 W Cypress Drive Regular Sale Cypress Head $793,888 5/5.2 4,596
6005 Pinewood Avenue Short Sale The Pines $755,000 6/5 4,948
11754 NW 79th Court Regular Sale Heron Bay-Sawgrass Bay $730,000 6/5 4,697
6930 Long Leaf Drive Regular Sale Parkland Golf & CC $697,500 5/5.5 4,699
6280 NW 104th Way Regular Sale Meadow Run $565,000 5/3.5 4,235
9287 NW 62nd Court Regular Sale Grand Cypress Estate $565,000 5/3 3,192
11320 NW 77th Place Short Sale Heron Bay Greenbrier $555,000 5/4 4,787
7410 Brigantine Lane Short Sale Cypress Head $540,000 4/4 5,605
6963 NW 66th Avenue Regular Sale Pine Tree Estates $533,500 4/3 3,197
9931 NW 58th Court Regular Sale The Landing $455,000 5/3.5 4,222
6264 NW 102nd Way Regular Sale Meadow Run $450,000 4/3.5 2,920
8092 NW 109th Lane Bank Foreclosure Heron Bay-Meadowbrook $425,888 4/3 3,235
8445 NW 62nd Place Regular Sale Tall Pines $425,000 5/3 2,697
7522 NW 110th Drive Regular Sale Parkland Reserve $420,000 4/3 2,320
7583 NW 113th Ave Regular Sale Parkland Reserve $420,000 4/3 2,751
8052 NW 123rd Ter Regular Sale Banyan Isles $410,000 4/3 2,600
7078 NW 67th Ter Regular Sale Ternbridge $408,000 3/2.5 2,700
8146 Emerald Avenue Short Sale Parkland Golf & CC $400,000 5/4 4,882
6120 NW 58th Way Regular Sale Sable Pass $372,500 4/2.5 2,675
9751 Kenley Court Short Sale Parkland Golf & CC $360,000 4/3 3,633
8159 NW 106th Lane Regular Sale Heron Bay-Creekside $330,000 4/2 2,000
11000 NW 64th Drive Regular Sale Parkland Isles $330,000 3/2 1,997
6439 NW 58th Wat Regular Sale Country’s Point $280,000 3/2.5 2,505
5909 NW 59th Short Sale Heron Bay-Sable Point $270,000 3/2.5 2,652
12540 NW 83rd Court Short Sale Heron Bay-Sable Point $250,000 5/4 3,770
12319 NW 80th Place Short Sale Heron Bay-Banyan Isles $210,000 4/3 2,800
8019 66th Way Regular Sale Mayfair $208,000 3/2.5 2,308

There were 29 total single family sales for the month of September 2011 ranging in price from $208,000 to $1,250,000 Last month, there were 40 total single family home sales. There were 11 less Parkland single family homes sold in the month of September, 2011 than in August, 2011.  Among the September sales, 9 were distressed sales (bank foreclosures, short sales, or corporate owned properties). 31% of all sales were distresses ones.

I am pleased to announce that I represented two sellers and one buyer that closed on homes this month.  I listed and represented the buyers on a home in Meadow Run West at: 6280 N.W. 104th Way.  I also represented the sellers on a successful sale in Meadow Run West at: 6264 N.W. 102nd Way.  It is a true pleasure working with Parkland clients.  It is great to see the faces of new owners that are truly excited to live and raise their families in our beautiful city.

The decrease in home sales in September is a direct result of the new school year as well as the coming holiday season.  During this time, residents and potential buyers are focused more on their families and not as much on real estate.  But, we are telling both potential sellers and buyers, that now is the perfect time to sell or buy.  If you are a seller, you will not have as much competition on the market at the current time.  But, in early 2012, more Parkland residents will be putting their homes on the market for sale after the holiday season.  Potential buyers should also get off the fence now and buy, as interest rates are at record low levels.  You couldn’t ask for a better time to make a move!

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.

40 Parkland Florida Homes Sold In August 2011

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

Property Address Type Of Listing Community Price Beds/Baths Square Feet
8720 NW 68th Court Regular Sale BBB Ranches $4,000,000 6/8.5 12,404
7240 Lemon Grass Dr Regular Sale Parkland Golf & CC $1,375,000 5/6.5 5,881
7588 NW 117th Lane Regular Sale Heron Bay – Highlands $835.000 6/5 4,544
8011 Falls Lane Regular Sale Cypress Head $775.000 5/4 4,749
9560 Eden Manor Regular Sale Parkland Golf & CC $625,000 4/4.5 3,716
11953 NW 79th Court Regular Sale Heron Bay – Highlands $780,000 4/3 3,214
12229 NW 72nd Street Regular Sale Heron Bay – Edgewood $590,000 5/3 3,249
7426 NW 116th Lane Regular Sale Heron Bay – The Highlands $580,000 5/3 3,433
10218 NW 66th Drive Short Sale Fox Ridge $580,000 5/5 3,874
5836 NW 83rd Ter Bank Foreclosure Tall Pines $575,000 5/4 4,409
11066 NW 79th Place Regular Sale Heron Bay  The Glen $575,000 5/4 4,222
7273 NW 116th Lane Short Sale Heron Bay – The Highlands $570,500 5/3 3,300
7550 NW 84th Avenue Regular Sale BBB Ranches $565,000 4/2 2,711
9539 Ginger Court Regular Sale Parkland Golf & CC $550,000 5/3.5 3,633
10581 NW 66th Street Short Sale Fox Ridge $535,000 4/4 3,035
6611 NW 72nd Place Regular Sale Ternbridge $535,000 5/3 2,894
7215 NW 110th Avenue Regular Sale Parkland Isles $520,000 5/3 3,063
7024 NW 70th Ter Regular Sale Ternbridge $517,000 4/4 2,928
7620 W Upper Ridge Dr Regular Sale Cypress Head $515,000 4/2.5 3,295
9587 Cinnamon Court Bank Foreclosure Parkland Golf & CC $505,000 5/4 3,947
10865 NW 66th Court Short Sale Parkland Isles $500,000 5/3.5 3,085
6209 NW 71st Ter Bank Foreclosure Pine Tree $496,200 5/3 3,3,13
8224 NW 107th Ter Regular Sale Heron Bay – Creekside $487,000 4/3 3,011
7380 Wisteria Avenue Regular Sale Parkland Golf & CC $457,000 3/2.5 3,523
10340 NW 60th Place Regular Sale Waters Edge $450,000 4/3.5 3,423
7504 NW 114th Ter Regular Sale Heron Bay – The Reserve $425,000 4/4 2,575
10075 Vintage Place Short Sale Parkland Golf & CC $425,000 3/2.5 3,534
6885 Long Leaf Dr Short Sale Parkland Golf & CC $418,000 5/3 4,317
6020 NW 96th Drive Regular Sale The Landings $415,000 4/3 2,509
6338 NW 75th Way Short Sale Pine Tree $410,000 4/2.5 3,032
12087 NW 76th Place Short Sale Heron Bay – The Greens $380,000 4/2.5 2,487
6165 NW 107th Ter Bank Foreclosure Parkland Isles $379,000 4/3 3,024
11938 NW 82nd Street Regular Sale Heron Bay – Somerset $350,500 3/2 1,814
11655 NW 71st Place Short Sale Heron Bay – Bay Cove $340,000 3/2.5 2,196
7006 Spyglass Avenue Bank Foreclosure Parkland Golf & CC $338,000 3/3 2,905
7086 Spyglass Avenue Short Sale Parkland Golf & CC $335,000 5/3.5 4,100
7866 NW 60th Lane Short Sale Heron Bay – Banyan Isles $279,000 4/2.5 2,593
8072 NW 125th Ter Bank Foreclosure Heron Bay – Sable Point $275,000 4/3 3,503
12420 NW 83rd Court Regular Sale Heron Bay – Sable Point $260,000 5/3 3,244
6004 NW 74th Street Short Sale Parkwood $235,000 4/2 2,669

There were 40 total single family sales for the month of August, 2011 ranging in price from $235,000 to $4,000,000 (Click Here To View Details On 4 Million Dollar BBB Ranches Sale). Last month, there were 32 total single family home sales. There were 8 more Parkland single family homes sold in the month of August, 2011 than in July, 2011. Among the August sales, 18 were distressed sales (bank foreclosures, short sales, or corporate owned properties). 45% of all sales were distresses ones.

Homes sales have increased in Parkland Golf & Country Club.  Among the Parkland homes sold in August, 8 were in Parkland Golf & Country Club.  Since builder Toll Brothers took over the project, there have been an increase in overall sales in the community, which is excellent for the overall real estate market in the City of Parkland, Florida.

There was also 12 homes sold in Heron Bay in the month of August, 2011.  We have discussed in past articles that many home buyers have called Heron Bay home in the past year, as prices have become very affordable in this community. Heron Bay homeowners enjoy resort-style amenities in an exclusive man-gated community.  We have also been informing our clients that: It is ironic, but now is the best time to sell or buy Parkland real estate this Summer. With low mortgage rates and homes at affordable prices, more and more buyers can call Parkland home and live the Parkland Lifestyle.

Every month on our website, you can be assured that I will keep the public abreast of all of the monthly sales and market activity, especially with Parkland short sales and bank foreclosure properties. I also publish all of the Parkland residential single family home sales, as being a Parkland resident, I truly know how important it is to know the single family residential sales that takes place in the City of Parkland. 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.