Parkland Parrot

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.

36 Parkland Florida Homes Sold In May 2011

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

Property Address	Type Of Listing	Community	Price	Beds/Baths	Square Feet
7720 Ventura Lane	Regular Sale	Cypress Head	$900,000	5/6.5	5,120
7662 NW 127th Manor	Regular Sale	Heron Bay – The Vistas	$820,000	6/5	4,523
6041 NW 74th Terrace	Regular Sale	Pine Tree Estates	$767.900	5/3.5	4,017
8021 Blue Ridge Lane	Regular Sale	Cypress Head	$765,000	6/4.5	3,866
12625 NW 76th Street	Regular Sale	Heron Bay – This Vistas	$695,000	6/5	4,491
12622 NW 68th Drive	Regular Sale	Heron Bay-Waterford Ests	$625,000	5/3.5	3,282
12212 NW 72nd Street	Regular Sale	Heron Bay – Edgewood	$620,000	6/5	4,292
12655 NW 67th Drive	Short Sale	Heron Bay – The Estates	$565,000	3/3	3,427
10654 NW 68th Court	Regular Sale	Fox Ridge	$539,500	6/3.5	3,311
6980 Long Leaf Drive	Bank Foreclosure	Parkland Golf & CC	$520,000	6/4.5	5,004
9661 Ginger Court	Regular Sale	Parkland Golf & CC	$492,500	4/3	4,437
10632 NW 69th Place	Short Sale	Fox Ridge	$490,000	5/3	3,121
6553 NW 99th Lane	Bank Foreclosure	Meadow Run	$485,000	5/3.5	3,697
6739 NW 128th Way	Regular Sale	Heron Bay – Casa Del Sol	$475,000	4/2.5	3,011
6596 NW 72nd Place	Regular Sale	Ternbridge	$472,250	4/3	2,724
10945 NW 71st Court	Regular Sale	Parkland Isles	$468,000	4/3	2,858
7521 Brigantine Lane	Regular Sale	Cypress Head	$465,000	4.3,5	3,479
9317 NW 62nd Court	Short Sale	Grand Cypress Estates	$450,000	4/3	3,192
6425 NW 98th Lane	Short Sale	Meadow Run	$450,000	5/3	3,228
6038 NW 63rd Way	Regular Sale	Pine Tree Estates	$440,000	4/2	2,420
7048 NW 111th Terrace	Regular Sale	Parkland Isles	$430,000	5/3	2,698
9747 NW 65th Place	Short Sale	Meadow Run	$410,000	5/2.5	2,562
9567 Cinnamon Court	Corp. Owned	Parkland Golf & CC	$408,500	5/3	3,356
7660 NW 120th Drive	Short Sale	Heron Bay – The Greens	$407,000	4/3	2,525
6900 NW 83rd Terrace	Short Sale	BBB Ranches	$400,000	4/4	2,360
7142 NW 67th Way	Bank Foreclosure	Ternbridge	$390,000	5/3	2,746
9460 Eden Manor	Short Sale	Parkland Golf & CC	$350,000	5/4	4,800
7374 NW 114th Terrace	Bank Foreclosure	Heron Bay – The Reserves	$327,000	3/3	2,498
10625 NW 83rd Court	Regular Sale	Heron Bay – Creekside	$325,000	4/2	2,182
10785 NW 83rd Court	Bank Foreclosure	Heron Bay – Creekside	$315,000	4/3	2,576
8177 Emerald Avenue	Short Sale	Parkland Golf & CC	$310,000	5/3	3,575
12411 NW 78th Manor	Short Sale	Heron Bay – Heron Cove	$290,000	3/2	2,056
5960 NW 72nd Court	Regular Sale	Parkwood IX	$275,000	4/2	2,228
8269 NW 124th Terrace	Short Sale	Heron Bay – Banyan Isles	$260,000	4/3	2,873
9608 Kenley Court	Bank Foreclosure	Parkland Golf & CC	$260,000	3/3	2,505
6630 Stratford Drive	Regular Sale	The Mews	$189,999	3/2	1,541

There were 36 total single family sales for the month of April, 2011 ranging in price from $189,999 to $900,000. Last month, there were 30 total single family home sales. There was 6 more  Parkland single family homes sold in the month of May, 2011 than in April, 2011. Among the May sales, 18 were distressed sales (bank foreclosures, short sales, or corporate owned properties). 50% of all sales were distresses one, which is approximately 1/4 of an increase from last month’s sales.   Banks and lending institutions are starting to get with the program in regards to negotiating short sales, which is a very good thing for the overall stability of the Parkland real estate market.  11 of the 18 distressed sales were short sales and were mostly in the price ranges of $200,000’s to $400,000’s.

Also, we have definitely seen an increase in buyer activity in Parkland’s Heron Bay community, where 12 of the 30 sales took place for the month of May, 2011. These buyers gobbled up great properties at fantastic price points.  Summer is just about here!  It’s time to get off the real estate fence and come see why Parkland Florida is such a popular place in South Florida to raise a family and live the Parkland Lifestyle.

Every month on our website, you can be assured that we will keep the public abreast of all of the monthly sales and market activity, especially with Parkland short sales and bank foreclosure properties.  We also publish all of the Parkland residential single family home sales, as we know how important it is to know each and every sale 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.