REAL ESTATE MARKET STATISTICS
SALES OF EXISTING SINGLE-FAMILY HOMES
A total of 43 homes in Parkland, Florida was sold during the month of October 2017. Closed sale prices ranged between $364,900 and $1.3 million with a median of $630,000.
Total sales nearly doubled in October compared to September which indicate that the closings, that were delayed by Hurricane Irma, are catching up. The median price for Parkland homes increased 17% and sellers closed at the same rate of 3% below list price, from last year.
The MEDIAN is the midpoint value in the range where half the homes are in its upper range and the other half are in its lower range. Unlike the AVERAGE value, the median is not sensitive to high sale prices for a small number of homes in the market area.
HIGHEST SALE PRICE IN OCTOBER 2017
$1.3 Million in Parkland Golf & Country Club
Two luxury homes sold for $1.3 million last month – the highest sale price recorded in October. Both properties are located in the exclusive community of Parkland Golf & Country Club.
- 10040 Bay Leaf Ct, Parkland, FL 33076
List Price: $1,395,000
DAYS ON MARKET: 35
CLOSING DATE: 10/11/2017
This luxurious 6-bedroom residence has 5 bathrooms, 3-car garage, custom-built lap pool and marble deck, basketball court, putting green, and is lavishly landscaped. All on an oversized cul-de-sac lot with a living area of 5,215 square feet.
- 10361 Sweet Bay Ct, Parkland, FL 33076
List Price: $1,359,000
DAYS ON MARKET: 141
CLOSING DATE: 10/20/2017
Built in 2016, this lakefront estate home 5 bedrooms, 5.5 bathrooms, 4-car garage and several upgrades. It features a two-story foyer, coffered ceilings, pool with marble finishes and a living area of 5,142 square feet.
HOME SALES PER PARKLAND ZIP CODE
Parkland, FL 33076
- TOTAL HOMES SOLD: 31
- Highest Sale Price: $1.3 Million
- Lowest Sale Price: $419,777
- Average Sale Price: $714,314
- Median Sale Price: $656,000
- Ave. Days on the Market: 79
- Sale to List Price Ratio: 97%
Parkland, FL 33067
- TOTAL HOMES SOLD: 12
- Highest Sale Price: $1,050,000
- Lowest Sale Price: $364,900
- Average Sale Price: $600,262
- Median Sale Price: $572,500
- Ave. Days on the Market: 78
- Sale to List Price Ratio: 97%
PENDING HOME SALES IN OCTOBER 2017
A total of 29 Parkland single-family home listings with asking prices from $300,000 to $1,749,000 went from Active to Pending Sale status last month. Parkland subdivisions with pending sales are:
Cypress Head, Parkland Golf & Country Club, MiraLago, Fox Ridge Estates, Watercrest at Parkland, Meadow Run Estates, Pine Tree Estates, Parkland Village, Heron Bay 5, Pinehurst Woods, Heron Bay, Cascata, Heron Bay – Heron Cove, Heron Bay North Plat 2, Parkland Isles, Terramar 1, Mayfair at Parkland, Country’s Point
The PENDING SALE status means the seller has accepted an offer for the home but the sale has not yet closed or completed.
Data is from Southeast Florida MLS as of November 10, 2017. Information is believed accurate but is not warranted.
SELLING YOUR HOME IN PARKLAND, FL
If you are ready to put your home on the market, please contact us. We will appreciate the opportunity to earn your business.
ASK ABOUT OUR ONGOING HOME SELLERS SPECIAL OFFER
Simply Contact Us. Parkland Realty Group (954) 592-4251 or send an email
At Parkland Realty Group, we post a Monthly Real Estate Market Report with total homes sold, sale prices, days on market and more. This overview of recent sales activity is helpful for those who are in the market to buy or sell a home in the City of Parkland, Florida.