Parkland Parrot

Parkland Real Estate Home Market Update October 2010

Parkland Real Estate Single Family Market Home Update For October 2010 Presented By Realtor Michael Citron

Property Address	Type Of Listing	Community	Price	Beds/Baths	Square Feet
7721 Newport Lane	Regular Sale	Cypress Head	$843,000	5/4.5	4,334
7731 Salem Lane	Regular Sale	Cypress Head	$775,000	5/3	4,048
7303 NW 123rd Ave	Short Sale	Heron Bay/Edgewood	$700,000	6/5	4,655
7955 NW 109th Lane	Regular Sale	Heron Bay/Meadowbrook	$650,000	5/3	3,782
7650 NW 120th Dr	Regular Sale	Heron Bay/The Greens	$620,000	5/3	3,820
7879 NW 111th Way	Regular Sale	Heron Bay/Greenbrier	$600,000	4/4.5	5,540
10435 NW 65th Dr	Regular Sale	Fox Ridge	$560,000	5/4	3,366
6117 NW 74th Terrace	Regular Sale	Pine Tree Estates	$523,000	5/2.5	3,454
10878 NW 80th Circle	Regular Sale	Heron Bay/Creekside	$470,000	5/3	2,913
12220 NW 68th Ct	Regular Sale	Heron Bay/Heron Estates	$450,000	6/6.5	8,307
9660 NW 59th Ct	Regular Sale	The Landings	$448,500	5/3	2,679
9722 Clemmons St	Bank Foreclosure	Parkland Golf & CC	$432,000	4/3	2,921
6827 NW 107th TE	Bank Foreclosure	Fox Ridge	$425,000	4/3	2,597
6326 NW 79th Way	Short Sale	Pine Tree Estates	$425,000	4/2.5	2,887
6810 NW 73rd St	Regular Sale	Whittier Oaks	$410,000	4/3	2,566
6645 NW 74th Ct	Regular Sale	Whittier Oaks	$405,000	5/3	2,738
7400 Wisteria Ave	Short Sale	Parkland Golf & CC	$395,000	5/4	3,792
11196 NW 69th Place	Regular Sale	Parkland Isles	$392,000	5/3	2,685
6370 NW 106th TE	Regular Sale	Parkland Isles	$380,000	4/3	2,493
6272 NW 108th Way	Regular Sale	Parkland Isles	$360,000	4/3	2,131
9500 Eden Manor	Bank Foreclosure	Parkland Golf & CC	$351,000	5/4	3,822
9601 Cinnamon Ct	Bank Foreclosure	Parkland Golf & CC	$349,900	3/2.5	2,754
6544 NW 78th Dr	Regular Sale	Mayfair At Parkland	$347,000	4/2.5	2,487
9534 Ginger Court	Bank Foreclosure	Parkland Golf & CC	$330,100	3/3	2,253
8099 Emerald Avenue	Short Sale	Parkland Golf & CC	$310,000	5/5	4,255
7842 NW 124th TE	Bank Foreclosure	Heron Bay/Heron Cove	$292,500	3/2	2,056
9587 Cinnamon CT	Bank Foreclosure	Parkland Golf & CC	$280,000	5/4	3,547
9519 Ginger CT	Bank Foreclosure	Parkland Golf & CC	$275,000	5/4	4,037
12352 NW 80th PL	Bank Foreclosure	Heron Bay/Banyan Isles	$245,000	4/3	2,955
8251 NW 122nd Lane	Bank Foreclosure	Heron Bay/Banyan Isles	$237,900	4/3	2,88

There were 30 total single family sales for the month of October, 2010 ranging in price from $237,900 to $843,000. Last month, there were 29 total single family home sales. There was 1 more Parkland single family home sold in the month of October than in September, 2010.

Among the 30 sales for the month of October, over half (17 total) of the sold homes were located in Heron Bay & Parkland Golf & Country Club.  Like, the previous months, there were a total of 14 distressed sales (short sales and bank foreclosures) sold in October, 2010.  As a result, many Parkland buyers are fixated on getting more bang for their buck and are buying homes at record low prices.

With the increase in distressed sales, the overall Parkland real estate market will continue to improve and stabilize, as more and more distressed homes come off the market in the City of Parkland.  But, is purchasing a distressed sale the best option for buyers?

We educate our buyers on the advantages and disadvantages of purchasing bank foreclosures or short sales.  These distressed sales usually require more work and more out of of pocket money after a buyer closes on the property.  Buyers also need to be aware of the higher taxes and longer wait time for distressed sales.  In particular, short sales can take 6-9 months or even longer to close, as banks are currently inundated with pending distressed property sales.

Curious to know why Parkland is such a popular place to live and raise a family?  Read our recent post: What Is The Parkland Florida Lifestyle?

We know the numbers, we analyze the market, our clients make better decisions.  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.

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 followup email.

Related Articles:
Top 5 Reasons To Live In Parkland Florida
Parkland Real Estate Home Market Update September 2010

Parkland Real Estate Home Market Update September 2010

Parkland Real Estate Single Family Market Home Update For September 2010 Presented By Realtor Michael Citron

There were 29 total single family sales for the month of September, 2010 ranging in price from $205,000 to $999,000. Last month, there were 35 total single family home sales. There were 6 less Parkland single family home sales in the month of August than in July, 2010.

Among the 29 sales for the month of September, approximately half (14) of the sold homes were located in Heron Bay & Parkland Golf & Country Club.  Like, the previous months, many of the short sales and foreclosures are located in both of these communities.  With all the buzz surrounding the great sales success for the new pre-construction homes at Parkland Reserve, many buyers are looking to purchase in West Parkland.  As a result, more and more Parkland home inventory is selling, which again helps the overall Parkland real estate market, which is still absorbing the short sales and foreclosures.

The distressed sales (short sales or bank foreclosures) in Parkland have been moving at a faster pace than in previous months.  13 of the 29 total home single family home sales were distressed. Hopefully, as this inventory is sold to end users, the overall Parkland real estate market will continue to improve.

We keep telling our readers and clients that NOW is the time to buy in Parkland.  Parkland has never been more affordable to live as mortgage interest rates continue to be at record low levels.  Want to raise your children in one of the best school districts and safest cities in the country?  Then, 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.

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 followup email.

Related Articles:
Parkland Real Estate Home Market Update For August 2010
Parkland Parrot Real Estate Team Sponsors Concerts In The Park

Parkland Homes I Can Buy For Around $600,000

Wondering how far your money can go in Parkland for around the $600,000 price range for a single family home?

Below, please find 5 available Parkland properties that are just perfect for you and your family:

Ternbridge
7155 NW 67TH WY
5 Beds / 3.5 Baths
3,212 Square Feet Living Area
Heated Pool
18,084 Square Foot Lot

Gorgeous Estate-Style Home. Volume Ceilings, French Doors, Hurricane Shutters, Heated Pool, Huge Bedrooms Fits For A Large Family, Spacious Patio Area Overlooking Lake & Yard, Long Driveway Leads To 3-Car Garage, Cul-De-Sac, Guard-Gated Ternbridge Parkland Community
Click Here For More Information On This Listing

Tall Pines
6226 NW 84TH TE
5 Beds / 3.5 Baths
3,020 Square Feet Living Area
Heated Pool
23,386 Square Foot Lot

Stunning Tall Pines Estate Home On Interior Corner Lot. Upgrades Galore! Popular Triple Split Floorplan With Private Guest Wing. Wood Cabinetry, Stainless Appliances & Granite Countertops, Luxurious Master Suite w/ Spa Tub, Faux Stone Tile, Beautiful Screened Heated Pool/Patio! Large Circular Driveway
Click Here For More Information On This Listing

Heron Bay-Creekside
10706 NW 80TH CR
4 Beds/ 3 Baths
3,638 Square Feet Living Area
Heated Pool
7,601 Square Foot Lot

Stunning Model Home On Oversized Water Front Lot With Every Upgrade Imaginable Including Accordion Hurricane Shutters, Crown Molding, Custom Fixtures & Window Treatments, Central Vacuum, Game Room, Marble Bathrooms & More. Gourmet Kitchen Features 42″ Wood Cabinets, Granite Island, Double Oven & Pantry. Spacious Master w/French Doors Which Leads To Private Screened Patio. Tropical Oasis Backyard w/Screened in Heated Pool with Rock Waterfall, Built-In Grill & Travertine Marble Patio.
Click Here For More Information On This Listing

Ternbridge
7281 NW 68TH DR
5 Beds/ 3 Baths
2,925 Square Feet Living Area
Pool
15,549 Square Foot Lot

Dramatic Bridged Entry w/Guard Gatehouse Leads To Popular Ternbridge Parkland Community w/Tennis, Lakes, & Jogging Trails. Huge Oversized Lot, Cul-De-Sac Location, Split 5 Bed Plan, 3 baths, Hurricane Shutters, Coral Rock Fireplace, Wet Bar, 3 Car Garage, New Master Bath & Carpet, Gourmet Kitchen With 42″ cabinets, Granite Counters & Large Breakfast Area. Fabulous Heated Pool Overlooking Lake.
Click Here For More Information On This Listing

Ternbridge Estates
7015 NW 70TH TE
4 Beds/ 5 Baths
3,359 Square Feet Living Area
Heated Pool
14,519 Square Foot Lot

Elegant Estate Home, Soaring Ceilings & Crown Moldings, Saturnia Marble Floors, Separate Formal Dining Room Perfect For Holiday Gatherings, Gourmet Kitchen w/Upgraded Appliances, Granite Counters & Backsplash & Custom Wood Cabinetry, Huge Pantry, His & Her Bath Jacuzzi Tub.
Click Here For More Information On This Listing

If you are interested in viewing any of these homes or any other Parkland homes for sales, please give us a call at 954-609-0591 or email us at Michael@ParklandParrot.com. Please click here to view all of the available Parkland homes on the market.

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.