38 Parkland Single Family Homes Sold in May 2012
Citron Quoted In The Sun Sentinel On 5 Mistakes Homebuyers Make As Seller’s Market Looms
June 4, 2012Parkland Real Estate Bidding Wars Are Back
June 19, 2012Parkland Real Estate Single Family Market Home Update For May 2012 Presented By Realtor Michael Citron
| Property Address | Type Of Listing | Community | Price | Beds/Baths | Pool? | Water View? | Square Feet |
| 7190 NW 126th Terrace | Regular Sale | Heron Bay – The Colony | $1,590,000 | 6/6.5 | Yes | Yes | 6,004 |
| 7602 Marblehead Lane | Regular Sale | Cypress Head | $1,437,500 | 5/5.5 | Yes | Yes | 6,300 |
| 7620 Marblehead Lane | Regular Sale | Cypress Head | $1,225,000 | 6/5.5 | Yes | No | 5,661 |
| 6985 Long Leaf Drive | Regular Sale | Parkland Golf & Country Club | $1,056,000 | 7/5 | Yes | Yes | 5,781 |
| 7200 NW 126th Terrace | Regular Sale | Heron Bay – The Colony | $957,500 | 6/6 | Yes | Yes | 4,802 |
| 7910 Sequoia Lane | Regular Sale | Cypress Head | $824,500 | 5/3.5 | Yes | No | 4,144 |
| 9280 NW 62nd Court | Regular Sale | Grand Cypress Estates | $775,000 | 6/4.5 | Yes | Yes | 3,926 |
| 7620 Hyannis Lane | Short Sale | Cypress Head | $649,000 | 5/3.5 | Yes | Yes | 4,774 |
| 10385 NW 69th Manor | Regular Sale | Fox Ridge Estates | $615,000 | 5/3.5 | Yes | Yes | 3,281 |
| 10902 NW 70th Court | My Regular Sale | Parkland Isles | $600,000 | 5/4 | Yes | Yes | 3,800 |
| 6841 NW 104th Lane | Regular Sale | Fox Ridge | $589,050 | 5/3 | Yes | No | 3,375 |
| 8111 Blue Ridge Lane | Regular Sale | Cypress Head | $584,000 | 5/3.5 | Yes | No | 3,818 |
| 7748 NW 112th Way | Short Sale | Heron Bay – Greenbriar | $570,000 | 5/4.5 | No | Yes | 5,618 |
| 9509 Ginger Court | Regular Sale | Parkland Golf & Country Club | $563,000 | 5/4 | Yes | No | 3,667 |
| 12405 NW 76th Street | Regular Sale | Heron Bay – Vistas | $550,000 | 5/3 | Yes | Yes | 3,300 |
| 7484 NW 114th Terrace | Regular Sale | Heron Bay – Reserves | $525,000 | 5/4 | No | Yes | 3,220 |
| 6031 NW 61st Manor | Regular Sale | Country’s Point | $495,000 | 4/3 | Yes | No | 3,165 |
| 12480 NW 83rd Court | Regular Sale | Heron Bay – Sable Point | $490,000 | 4/3 | No | Yes | 3,267 |
| 10591 NW 66th Street | Regular Sale | Fox Ridge | $485,000 | 5/3 | Yes | No | 2,762 |
| 6885 NW 108th Avenue | Regular Sale | Parkland Isles | $485,000 | 4/3 | Yes | Yes | 3,029 |
| 8197 Emerald Avenue | Regular Sale | Parkland Golf & Country Club | $460,000 | 5/3.5 | No | Yes | 4,202 |
| 7026 Spyglass Avenue | Regular Sale | Parkland Golf & Country Club | $450,000 | 3/3 | No | No | 2,627 |
| 8195 NW 121st Way | Regular Sale | Heron Bay – Somerset | $436,430 | 4/3 | No | Yes | N/A |
| 7079 NW 67th Terrace | Short Sale | Ternbridge | $430,000 | 4/3 | Yes | Yes | 3,106 |
| 7005 Spyglass Avenue | Regular Sale | Parkland Golf & Country Club | $425,000 | 3/2.5 | No | No | 2,678 |
| 6010 NW 99th Avenue | Regular Sale | The Landings | $422,000 | 4/3 | Yes | Yes | 2,709 |
| 7741 NW 120th Drive | Short Sale | Heron Bay – The Greens | $385,000 | 4/3 | No | No | 2,525 |
| 6915 NW 108th Avenue | Bank Foreclosure | Parkland Isles | $375,000 | 4/3.5 | Yes | Yes | 2,815 |
| 11205 NW 71st Court | Short Sale | Parkland Isles | $375,000 | 4/2.5 | Yes | No | 3,038 |
| 7420 NW 74th Drive | Regular Sale | Whittier Oaks | $365,000 | 4/3 | Yes | Yes | 2,619 |
| 10090 NW 59th Drive | Short Sale | The Landings | $355,000 | 4/2.5 | Yes | No | 2,627 |
| 6637 NW 112th Avenue | Regular Sale | Parkland Isles | $351,000 | 4/3 | No | Yes | 2,249 |
| 9525 Kenley Court | Short Sale | Parkland Golf & Country Club | $350,000 | 5/3 | Yes | Yes | 3,220 |
| 6435 NW 58th Way | Regular Sale | Sable Pass | $350,000 | 3/2.5 | Yes | No | 2,529 |
| 11245 NW 71st Court | Short Sale | Parkland Isles | $342,500 | 4/3 | Yes | No | 2,394 |
| 10575 NW 83rd Court | Regular Sale | Heron Bay – Creekside | $337,500 | 3/2 | No | No | 1,975 |
| 6173 NW 110th Avenue | My Regular Sale | Parkland Isles | $335,000 | 3/2 | No | Yes | 1,977 |
| 5830 NW 60th Court | Short Sale | Sable Pass | $261,000 | 4/2.5 | Yes | No | 2,681 |
There were 38 total single family sales for the month of April 2012 ranging in price from $261,000 to $1,590,000. In April, 2012, there were a total 39 Parkland Single Family Homes. There was 1 less Parkland single family homes sold in the month of May, 2012 than in April, 2012. Among the May sales, 9 were distressed sales (bank foreclosures or short sales). 24% of all sales were distresses ones.
Parkland single family home market has been very strong for the past few months. April and May, 2012 sales have been very consistent showing an increase in buyer activity along with a decrease in distressed sales. In fact, there was only one bank foreclosure sale in the entire month of May in Parkland, Florida. As a result, inventory is extremely low in our city. Buyers are fighting to purchase great homes in various Parkland neighborhoods.
Other exciting real estate news is that there was again 4 homes that sold for over a million dollars in the month of May, 2012. Even the luxury real estate homes are selling well. Parkland offers many luxury communities for the most picky buyers. We are seeing many luxury home sales in Heron Bay, Parkland Golf & Country Club, & Cypress Head. Buyers are looking for newer as well as older communities.
I strongly believe that we will see a consistent, or even stronger, real estate market in the coming months. In fact, we have approximately 60 days until the next school year starts. Buyers want to move in before the next school year, so their families can get acclimated to a new home, community, and the City of Parkland. As a result, if you are thinking about selling your home, now would be the best time to receive top market dollar! Buyers will pay a premium in order to move into your home before the school year starts or just afterwards. We have never seen a better time to sell and then buy another home. No matter if you are downsizing and empty nesting or need a larger home for your growing family, NOW is the time.
Mortgage interest rates and home prices have never been at such an historic low! But, with the increase in sales and lack of supply, now is the time, as prices are starting to increase in many neighborhoods in Parkland and South Florida. What are you waiting for? Please give me a call at: 954-609-0591 to schedule a private listing appointment. Let my team’s full service and aggressive marketing plan work for you and your family!
Parkland is one of the most desirable areas in all of South Florida. It 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 resale 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.
The Parkland Parrot is the most comprehensive online source for Parkland real estate information. Whether you are looking for the latest sales, trends or homes for sale in Parkland, Florida, The Parkland Parrot has it all at your fingertips. Know the neighborhood. Know the value. Know your hometown agents: The Parkland Parrot Real Estate Team.
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.
