PARKLAND

DECEMBER 2023

REAL ESTATE REPORT

Kathy Schroeder, Realtor

Helping Buyers, Sellers, Investors

Parkland Real Estate News:

• The average price of Parkland homes is up!
• Mortgage rates have decreased
• Mortgages are still primary way to purchase
• Many cash buyers

QUICK OVERVIEW

• 35 Homes were sold in December
• Total Sales $43.18 Million (vs $33.624 Million in November)
• Average Price was $1,233,739 (vs $1.085 Million in November)
• 40% (14 Homes) Sold in 30 Days or Less [Days on Market]
• 66% (23 Homes) Sold in 60 Days or Less [Days on Market]
• 13 Homes Cash / 22 Homes Mortgage
• 10 of the Homes Sold Between $700,000-$999,999
• 25 of the Homes Sold Were Over $1 Million (3 were $2M or more)

Safe Links Below:

Easy View of Information

For Buyers, Sellers, Investors:

Homeowner Insurance is Changing

(Buyer Can't Get Insurance/Afford New Rates)

Sellers

Prior to Listing - You May Want to Get a 4 Point and Windstorm Inspection

Some Sales are Dying At the Closing Table as Buyer Cannot Get Insurance

Sellers Should Know & Fix Issues Before Listing

Buyers / Investors

Insurance Rates Have Increased

(Especially for Older Homes, Homes With Inspection Issues, East of 95)

Know What You Might Expect Before Looking

Call Me for More Information

Listed For Rent

Parkland Golf & Country Club

8117 Emerald Avenue

Just Closed

Recent Client Reviews

954 235-8671

24+ Years Real Estate/Marketing Experience

Parkland Resident

MBA: Finance, Accounting, Marketing, Management

Member: