31 Parkland Single Family Homes Sold in December 2011

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31 Parkland Single Family Homes Sold in December 2011

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

Property Address Type Of Listing Community Price Beds/Baths Square Feet
7120 Lemon Glass Dr Regular Sale Parkland Golf & CC $2,400,000 6/6.5 8,363
6740 NW 122nd Ave Short Sale Heron Bay – Heron Estates $1,050,000 5/6.5 5,200
7309 NW 127th Way Regular Sale Heron Bay – Colony $982,000 5/4.5 8,814
11880 NW 81st Ct Regular Sale Heron Bay – Sawgrass Bay $764,500 5/4.5 5,226
8015 NW 117th Way Short Sale Heron Bay – Sawgrass Bay $730,000 5/4.5 4,929
6751 NW 117th Ave Bank Owned Heron Bay – Olde Brooke $730,000 6/5 5,851
6175 NW 85th Way Regular Sale Tall Pines $725,000 6/4 4,478
6432 NW 72nd Way Short Sale Pine Tree Estates $685,000 4/5 6,731
8177 Emerald Ave Regular Sale Parkland Golf & CC $645,000 5/4.5 4,207
7423 NW 124th Ave Regular Sale Heron Bay – Vistas $625,000 5/3 3,300
7880 Holmberg Road Regular Sale Pine Tree Estates $600,000 5/3.5 5,000
6663 NW 127th Ter Regular Sale Heron Bay – The Estates $600,000 5/4.5 3,863
7120 W Cypress head Dr Regular Sale Cypress Head $585,000 4/3.5 3,842
9625 NW 61st Dr Regular Sale The Landings $495,000 4/2.5 2,891
8300 NW 105th Ln Regular Sale Heron Bay – Creekside $480,000 4/3 3,225
11177 NW 68th Place Regular Sale Parkland Isles $460,000 5/3 2,654
6542 NW 103rd Ter Regular Sale Fox Ridge $450,000 5/4 3,203
10592 NW 61st Ct Regular Sale Parkland Isles $412,500 3/2 1,997
7825 NW 123rd Ave Regular Sale Heron Bay – Heron Cove $390,000 4/3 2,567
12360 NW 77th Manor Regular Sale Heron Bay – Heron Cove $358,000 4/3 2,247
7120 Hialeah Lane Short Sale Cypress Head
$350,000 4/2 2,734
6373 NW 110th Ave Regular Sale Parkland Isles $327,500 4/3 2,128
8275 NW 105th Ln Regular Sale Heron Bay – Creekside $325,000 5/4 3,352
6398 NW 107th Ter Short Sale Parkland Isles $325,000 3/2 2,100
7860 NW 61st Ter Regular Sale Parkland Place $316,000 4/2.5 2,785
6707 NW 81st Ct Regular Sale Mayfair $306,000 4/2.5 2,518
7836 NW 62nd Way Regular Sale Mayfair $250,000 3/2 1,800
7848 NW 62nd Way Short Sale Mayfair $236,000 3/2 1,380
5858 NW 119th Dr Regular Sale Heron Bay – Tuscany $230,114 2/2 1,596
6350 NW 77th Ct Short Sale Mill Run $192,500 4/2.5 2,351
6520 Sutton Ct Regular Sale Cypress Head $179,000 2/2 1,875

There were 31 total single family sales for the month of December 2011 ranging in price from $179,000 to $2,400,000 Last month, there were 21 total single family home sales. There were 10 more Parkland single family homes sold in the month of December, 2011 than in November, 2011. Among the December sales, 8 were distressed sales (bank foreclosures, short sales, or corporate owned properties). 25% of all sales were distresses ones.

There was a 61% increase in sales from last month.  Many buyers wish to close on their new homes before the end of the year for tax purchases and homestead exemptions.  I believe that there will continue to be more sales in early 2012 due to the increase in buyer activity in the City of Parkland, Florida. But, inventory is still very low in the city.  As a result, potential buyers have less and less homes to choose from.

Also, distressed sales are steadily declining in Parkland.  In December 2011, there were only 8 total distressed sales (bank foreclosures and/or short sales).  Hopefully, as this pattern continues, the overall real estate market in Parkland will stabilize.

Parkland is also a very desirable area to call home as the city is more stable than neighboring areas 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.

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.

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