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

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.

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.

New Parkland Florida Dog Park Coming Soon

Calling All Parkland Dog Owners! 4 Months Until New Dog Park Is Built At Liberty Park

parkland-florida-dog-parkThe City of Parkland Commission recently approved the construction of a new dog park next to Liberty Park on Ranch Road. The construction of the new dog park will be done by JMW Construction Corporation (JWM).  JWM has previously done construction for the City of Lauderhill, City of Delray Beach, Palm Beach County School Board, and the City of Dania Beach.

The project is expected to be completed in the next 120 days.  Tax dollars will not be used to construct the park.  Instead, Parkland Golf & Country Club builder, Toll Brothers, has donated the funds for the dog park to be built in the city.  The city already has multiple parks and recreation for the entire public to enjoy.  This new dog park will be an added bonus to the many dog lovers in Parkland that would like to bring their pets to a park.  Now, all dog owners will have the opportunity to enjoy their pets at the new Dog Park at Liberty Park soon.

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.

Should I Wait To Buy A Parkland or South Florida Home?

Why Wait To Purchase A Parkland Property – Now Is The Best Time To Buy

I have been telling on-the-fence Parkland and South Florida home buyers that now is the best time to buy a home.  You no longer have to wait for that deal of a lifetime, as the property of your dreams is waiting for you right now!  Read the chart below that I saw on the KCM Blog:

buy-parkland-florida-home-now

As you can see from the chart above, you should NOT be waiting for the right time to buy.  If you are seriously thinking about buying a Parkland or South Florida home, now is the time, as interest rates are at record low levels.  Prices are also very affordable, but home costs will increase in the coming months and years.  Remember, home prices are not the only factor that you should be looking at when considering a home purchase.  Instead, mortgage interest rates are the major factor as well your monthly housing expenses.  But, mortgage guidelines are changing and tightening soon.  Now is the time to act!

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.

Related Posts:
Top 5 Characteristics Buyers Need From Their Parkland Real Estate Agent
Will Summer Be The Busiest Parkland Real Estate Season?
Should I Rent Or Buy A Parkland Home?

32 Parkland Florida Homes Sold In July 2011

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

Property Address Type Of Listing Community Price Beds/Baths Square Feet
9126  NW 66th Lane Regular Sale Landmark Ranches $1,800,000 7/8.5 11,125
6911 NW 84th Avenue Short Sale BBB Ranches $1,230,000 5/4.5 4,338
7707 Andes Lane Bank Foreclosure Cypress Head $865.000 5/3.5 5,215
12641 NW 75th Street Regular Sale Heron Bay – Heron Isles $859,000 7/5 4,687
10342 Emerson Street Regular Sale Parkland Golf & CC $780,000 6/4.5 5,075
7562 NW 127th Mnr Regular Sale Heron Bay – The Vistas $650,000 6/5 4,204
7276 NW 116th Lane Short Sale Heron Bay – The Highlands $615,000 5/3 3,433
12345 NW 76th Street Regular Sale Heron Bay – The Vistas $615,000 5/3 3,400
9490 Eden Manor Regular Sale Parkland Golf & CC $605,000 5/4.5 4,202
10050 Vintage Place Regular Sale Parkland Golf & CC $600,000 4/3.5 3,863
7266 NW 116th Lane Regular Sale Heron Bay – The Highlands $597,500 5/3 3,135
5809 NW 62nd Te Regular Sale Pine Tree Estates $590,000 5/3.5 4,073
7446 NW 116th Lane Regular Sale Heron Bay – The Highlands $560,000 5/3 3,134
6611 NW 99th Avenue Regular Sale Meadow Run $597,500 5/3.5 2,922
6647 NW 72nd Place Regular Sale Ternbridge $590,000 5/3 3,340
7501 NW 115 Te Regular Sale Heron Bay – The Reserves $560,000 4/2.5 2,547
8105 NW 111th Te Bank Foreclosure Heron Bay – The Glen $550,000 5/3 3,551
10463 NW 59th Place Regular Sale Waters Edge Estates $515,000 4/3.5 3,506
10265 NW 60th Place Regular Sale Waters Edge Estates $465,000 5/3.5 3,423
7061 NW 111th Te Regular Sale Parkland Isles $450,000 5/3 2,698
7111 Hialeah Lane Bank Foreclosure Cypress Head $445,000 4/2.5 2,903
8242 NW 118th Way Regular Sale Heron Bay – Sawgrass Bay $435,000 3/2.5 2,217
6730 NW 83rd Te Bank Foreclosure BBB Ranches $430,000 5/2.5 2,728
7804 NW 123rd Avenue Short Sale Heron Bay Central $395,000 3/2.5 2,196
9544 Ginger Court Short Sale Parkland Golf & CC $389,000 5/3 3,419
11509 NW 72nd Place Regular Sale Heron Bay – Bay Cove $371,000 3/2.5 2,196
12199 NW 77th Manor Bank Foreclosure Heron Bay – Heron Cove $365,000 4/3 2,247
6619 NW 78th Drive Bank Foreclosure Mayfair $355,000 3/2.5 2,308
5989 NW 74th Street Regular Sale Parkwood $350,000 4/2 2,467
8197 Emerald Avenue Short Sale Parkland Golf & CC $325,500 5/4.5 4,672
12500 NW 79th Manor Short Sale Heron Bay – Sable Point $320,000 5/3 3,566
8040 NW 124th Te Short Sale Heron Bay – Banyan Isles $320,000 3/2 2,570

There were 32 total single family sales for the month of July, 2011 ranging in price from $320,000 to $1,800,000. Last month, there were 39 total single family home sales. There were 7 less Parkland single family homes sold in the month of July, 2011 than in
June, 2011. Among the July sales, 14 were distressed sales (bank foreclosures, short sales, or corporate owned properties). 44% of all sales were distresses ones. Home sales have increased steadily in the past few months, as Summer is the busiest time for real estate in Parkland.

In July, 2011, there were a large amount of homes sold in Heron Bay.  Among the 32 sales, 14 were in Heron Bay.  Buyers are finding great value in Heron Bay with luxury clubhouse amenities including resort style pool, fitness center, tennis center, Heron Bay Golf Club, and much more.  I project that there will be even more sales in Heron Bay in the coming months as prices are at bottom prices as well as interest rates are extremely low.

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.