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Archive for the 'Market Report' Category
Parkland Real Estate Home Market Update July 2010
Parkland Real Estate Market Home Update For July 2010 Presented By Realtor Michael Citron
There were 39 total single family sales for the month of July, 2010 ranging in price from $265,000 to $1,150,000. Last month, there were 43 total single family home sales. There were 4 less Parkland single family home sales in the month of July than in June, 2010.
Among the 39 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. With the increase in sales, the overall Parkland real estate market has shown a steady increase in sales from earlier in the year.
Parkland has become more affordable for buyers, and mortgage interest rates are again at record low levels. It is time to get off the real estate fence and start buying with confidence!
Our website, ParklandParrot.com, is dedicated to Parkland Real Estate. You will also be able to learn about Parkland schools, houses of worship, neighborhood information, city events, and much more.
Related Articles:
A Bird’s Eye View Of Parkland Available Single Family Home
Top 5 Reasons To Live In Parkland Florida
To stay updated with all of the current Parkland real estate home information, receive our blog posts directly to your inbox by subscribing to the squawk.
If you are interested in buying or selling a real estate property in Parkland and need to speak with a Parkland Realtor or South Florida Realtor, please give us a call at 954-609-0591 or send a note to the squawk.
Parkland Real Estate Home Market Update June 2010
Parkland Real Estate Market Home Update For June 2010 Presented By Realtor Michael Citron
There were 43 total single family sales for the month of June, 2010 ranging in price from $231,000 to $1,600,000. Last month, there were 40 total single family home sales.
There were 3 more Parkland single family home sales in the month of June than in May, 2010. Sales have continued to increase for the month of May and June. We are telling our perspective buyers to get off the fence and buy now, while mortgage rates are at record low levels and a decrease in available inventory.
If you are thinking about buying a Parkland residence and looking for a professional team of Realtors that will help you throughout the entire buying process, then please call 954-609-0591.
Our website, ParklandParrot.com, is dedicated to Parkland Real Estate. Here, you will also be able to find a plethora of information on Parkland schools, houses of worship, neighborhood information, city events, and much more.
Related Articles:
Parkland Real Estate Sales Up And South Florida Foreclosures Down
The Effect Of Increased Mortgage Rates On Parkland Real Estate?
To stay updated with all of the current Parkland real estate home information, receive our blog posts directly to your inbox by subscribing to the squawk.
If you are interested in buying or selling a real estate property in Parkland and need to speak with a Parkland Realtor or South Florida Realtor, please give us a call at 954-609-0591 or send a note to the squawk.
Parkland Real Estate Home Market Update May 2010
Parkland Real Estate Market Home Update For May 2010 Presented By Realtor Michael Citron
There were 40 total single family sales for the month of May, 2010 ranging in price from $190,000 to $1,120,000. Last month, there were 29 total single family home sales.
Sales momentum has continued, as more buyers are purchasing in the City of Parkland. There were 11 more sales in May than in April! Among the sales, 8 sales were in Parkland Golf & Country Club, and 14 sales were in Heron Bay. With over half of the sales in May, 2010 in these two communities, Parkland is on fire!
We keep telling our perspective purchasers to get off the real estate fence and buy their dream home in Parkland as interest rates are down and prices are still at record lows!
If you are thinking about buying a Parkland residence and looking for a professional team of Realtors to help you throughout the entire buying process, then please call 954-609-0591.
Our website, ParklandParrot.com, is dedicated to Parkland Real Estate. Here, you will also be able to find a plethora of information on Parkland schools, houses of worship, neighborhood information, city events, and much more.
Related Articles:
Parkland Real Estate Sales Up And South Florida Foreclosures Down
The Effect Of Increased Mortgage Rates On Parkland Real Estate?
To stay updated with all of the current Parkland real estate home information, receive our blog posts directly to your inbox by subscribing to the squawk.
If you are interested in buying or selling a real estate property in Parkland and need to speak with a Parkland Realtor or South Florida Realtor, please give us a call at 954-609-0591 or send a note to the squawk.
Parkland Real Estate Home Market Update April 2010
Parkland Real Estate Sales Momentum Continues For April, 2010: 29 Total Single Family Sales
There were 29 total single family sales for the month of April, 2010 ranging in price from $260,000 to $1,060,000.
Great news is that Parkland continues to have more sales in the past few months than in 2009. Last month, there were 35 total single family home sales. Other good news is that sales in Parkland Communities: Heron Bay and Parkland Golf & Country Club have increased making 2010 much better than 2009.
It is truly a great time to buy and sell real estate in Parkland.
We Know The Value Of Your Home. Do You? Please give us a call at 954-609-0591 for a free comparative market analysis. Let our FULL service, AGGRESSIVE marketing plan work for you!
To stay updated with all of the current Parkland real estate home information, receive our blog posts directly to your inbox by subscribing to the squawk.
If you are interested in buying or selling a real estate property in Parkland and need to speak with a Parkland Realtor or South Florida Realtor, please give us a call at 954-609-0591 or send a note to the squawk.
Parkland Real Estate Home Market Update March 2010
Calling all Parkland and South Florida Buyers! Parkland Real Estate Is On Fire! 35 Single Family Sales In The Month Of March.
There were 35 total single family sales for the month of March, 2010 ranging in price from $50,000 to $1,380,000. 2 of the closed sales for the amount of $148,000 and $50,000 were homes that had significant fire damage and will need to be rebuilt.
Great news is that Parkland had 16 more total single family home sales in March than in February of this year. We have increased our sales momentum, which is good for our overall market. Let’s hope that this boost in sales continues in the coming months!
It is truly a great time to buy and sell real estate in Parkland.
We Know The Value Of Your Home. Do You? Please give us a call at 954-609-0591 for a free comparative market analysis. Let our FULL service, AGGRESSIVE marketing plan work for you!
To stay updated with all of the current Parkland real estate home information, receive our blog posts directly to your inbox by subscribing to the squawk.
If you are interested in buying or selling a real estate property in Parkland and need to speak with a Parkland Realtor or South Florida Realtor, please give us a call at 954-609-0591 or send a note to the squawk.
Parkland Real Estate Home Market Update February 2010
There were 19 total sales for the month of February, 2010 ranging in price from $216,000 to $1,650,000. Of the total sales in the month of February, 11 were regular sales, 5 were short sales, and 3 were bank foreclosure sales.
Good news is that Parkland had 9 more total single family home sales in February than in January of this year. We have increased our sales momentum, which is good for our overall market.
Unfortunately, of the total 19 sales, 8 of them were distressed sales which proves that short sales and bank foreclosures will continue to have a negative impact on the real estate market.
On a brighter note, we expect to see more sales in the next three months as sales momentum from buyers should increase due to low interest rates, the $8,000 first time home buyer tax credit, and knowing that FHA mortgage guidelines will tighten in the Spring and Summer months making now the best time to get off the fence and buy a Parkland home.
We are also proud to announce the closing of our Pine Tree Estates listing located at: 6920 NW 66TH AV, Parkland, FL 33067 in the month of February.
I Know The Value Of Your Home. Do You? Please give us a call at 954-609-0591 for a free comparative market analysis. Let our FULL service, AGGRESSIVE marketing plan work for you!
To stay updated with all of the current Parkland real estate home information, receive our blog posts directly to your inbox by subscribing to the squawk.
If you are interested in buying or selling a real estate property in Parkland, please give us a call at 954-609-0591 or send a note to the squawk.
Parkland Real Estate Market Update January 2010
There were only 10 total sales for the month of January, 2010 ranging in price from $365,000 to $1,800,000.
Of the total sales in the month of January, 9 were regular sales and only 1 was a short sale. We have gotten off to a slow start, but this is typical for the first month of the year. We are looking for a strong rebound in Parkland sales in the coming months.
We closed our listing at 6213 N.W. 63rd Way in the month of January for $805,000 (see chart in green).
I Know The Value Of Your Home. Do You? Please give us a call at 954-609-0591 for a free comparative market analysis.
To stay updated with all of the current Parkland real estate home information, receive our blog posts directly to your inbox by subscribing to the squawk.
If you are interested in buying or selling a real estate property in Parkland, please give us a call at 954-609-0591 or send a note to the squawk.
Parkland Real Estate Home Sales Update December 2009
There were 31 total single family sales in Parkland ranging from $232,000 to $875,000. 6 were Short Sales, 8 Foreclosures, and 17 Regular Sales. 55% of the homes that sold were Regular Sales, and 45% were Distressed Sales.
There were exactly 31 single family sales in the month of November in Parkland. There were 5 more regular sales and 5 less distressed sales in the the month of December. Prices have been continue to decline, as sales are increasing. Many of the distressed sales were in the lower price ranges between $230,000’s to $330,00’s.
We are again glad to see that home sales have continued to pick up in Heron Bay and Parkland Golf & Country Club. Let’s hope the Parkland real estate market continues to improve, and sales continue to rise.
To view November 2009 Parkland sales, please click here.
I Know The Value Of Your Home. Do You? Please give us a call at 954-609-0591 for a free comparative market analysis.
To stay updated with all of the current Parkland real estate home information, receive our blog posts directly to your inbox by subscribing to the squawk.
If you are interested in buying or selling a real estate property in Parkland, please give us a call at 954-609-0591 or send a note to the squawk.
Parkland Real Estate Market Update For November 2009
31 Parkland Single Family Sales In November, 2009
There were 31 total single family sales in Parkland ranging from $280,000 to 1.2 million. 13 were Short Sales, 6 Foreclosures, and 12 Regular Sales. 39% of the homes that sold were Regular Sales, and 61% were Distressed Sales.
There were 13 more sales in the month of November than in the month of October, which is great news! Other exciting news is that there were many sales this past month in both Heron Bay and Parkland Golf & Country Club. 16 Sales alone were in Heron Bay, and 6 Sales were in Parkland Golf & Country Club. These two communities have been affected by Chinese Drywall, and FINALLY both communities are showing signs of life in closed sales! Both communities offer tremendous amounts of upgrades and resort-style amenities for residents.
With 61% of ALL sales being foreclosures and short sales, this trend will certainly continue into the New Year. Overall, I am very pleased with an increase in sales for the month of November. Sales are actually picking up, and I hope this trend continues into 2010!
I Know The Value Of Your Home. Do You? Please give us a call at 954-609-0591 for a free comparative market analysis.
To stay updated with all of the current Parkland real estate home information, receive our blog posts directly to your inbox by subscribing to the squawk.
If you are interested in buying or selling a real estate property in Parkland, please give us a call at 954-609-0591 or send a note to the squawk.
Parkland Real Estate Roundup January To Date
Parkland Real Estate Home Market Activity
As we get closer towards the end of the calendar year, I wanted to research what types of homes have been selling in Parkland. After further research, there have been a total of 274 single family sales year to date. Among the 274 sales, 107 were distressed sales (Short sales or bank foreclosures), and 167 were regular sales.
It is amazing to believe that distressed sales are becoming even more prevalent in Parkland. Almost 40% of the total sales were foreclosures or short sales in 2009. Even in a luxury market like Parkland, distressed sales are going to continue to grow in 2010.
I also researched and found that there are currently 78 pending short sales, and 16 pending bank foreclosures, where potential buyers and sellers are anxiously awaiting approvals from the banks. There are ONLY 31 pending regular sales awaiting to be closed.
If you have owned a home in Parkland for an extended period of time and are not in financial distress, it may be a perfect time to list your home on the market. Many buyers want to close sooner than later and do not wish to experience the long process of purchasing a distressed sale. Your home may be worth more than you think! You may also be able to take advantage of portability on your taxes to another property. Please give us a call at 954-609-0591 for a free comparative market analysis.
To stay updated with all of the current Parkland real estate information, receive our blog posts directly to your inbox by subscribing to the squawk.
If you are interested in buying or selling real estate in Parkland, please give us a call at 954-609-0591 or send a note to the squawk.
Michael Citron / Rosy Baron
Parkland Specialists
RE/MAX ParkCreek
Direct:954-609-0591
Office:954-449-9704
Email:Link
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