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May Sales Paint A Very Encouraging Picture for Parkland Homeowners
Buyers are active, inventory remains limited, and homes
that are properly positioned are achieving strong prices - close to ask.
Buyers are not waiting for bargains.
Well-prepared homes are still commanding exceptional prices.
Your first 30–60 days matter more than ever.
The Skinny
The Market Is Still Favorable for Sellers
49 homes sold during May.
Average sale price: approximately $1.34 million
Nearly 60% sold in the first month.
More than 80% sold within 60 days.
Only:
- 2 homes took 61–90 days
- 2 homes took 91–120 days
- 5 homes exceeded 120 days
Homes averaged about 99.6% of asking price.
Median days on market: just 24 days
Average days on market: 45 days
How Purchased: Conventional Mortgage (69%); Cash (22%) - Rest VA, FHA
Key Points
The First 30–60 Days Continue To Be The Critical Window
Homes that are priced correctly and launched properly are being sold quickly
Homes that linger beyond 60 days become increasingly vulnerable to:
- price reductions
- lower seller negotiating leverage
Pricing Power Remains Strong
Average sale-to-list ratio: 99.6% - Buyers are not demanding large discounts.
Sellers who enter the market with realistic pricing are achieving excellent results.
Contrary To What Many Homeowners Would Assume
Higher-priced homes are not necessarily taking longer to sell.
Many luxury properties are moving quickly because:
- inventory remains limited;
- affluent buyers continue relocating to South Florida;
- Parkland offers larger lots and newer homes compared with neighboring communities.
What This Means for Sellers
The difference between a quick, successful sale and a home that lingers on the market often comes down to preparation, pricing, and marketing strategy.
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