Parkland Real Estate Market Update For November 2009

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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!

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