THE PARKLAND

FEBRUARY 2025

REAL ESTATE REPORT

SUMMARY FOR FEBRUARY

THE MARKET REMAINS STRONG

CHANGES IN FEBRUARY

(TYPICAL OF SEASONALITY):

MORE HOMES SOLD IN FEBRUARY (VS JANUARY) - LEADING UP TO PEAK SEASON

HOW BOUGHT: 65% CONVENTIONAL MORTGAGE | 29% CASH | 1 FHA

MOST SALES WERE IN $600K-<$1M RANGE

NOTHING SOLD UNDER $600K

ALL HOMES SOLD UNDER $1.699M WITH ONE EXCEPTION

AVERAGE PRICE DROPPED TO $1.03M

THE MOST IMPORTANT CHANGE

WAS IN TIME TO SELL

"DAYS TO SELL" VERY SPREAD OUT

WHAT SHOULD WE EXPECT NEAR TERM?

A Continued Strong Real Estate Market

Parkland Is Desired By Buyers For All The Reasons We Know

IMPLICATIONS FOR SELLERS

If You Are Going To Sell..

2 KEY POINTS:

1. BEING READY IS CRITICAL

House Ready / You Know Pricing & Marketing Strategy

2. TIME TO SELL MAY BE LONGER

Pricing Your Home Correctly Is Important

You Don't Want Constant Price Reductions

FYI

Realtors see all price reductions on the MLS & tell their buyers.

This can invite low offers.

As a Luxury Trained Agent and Drawing

from 20+ Years of Experience,

I Can Help

Sellers Get Ready to Sell

Market Insights,

Pre-Listing Considerations

A Marketing Plan

Transaction Navigation Through Closing



I have resources for cleaning and moving things; painting.

I can offer a Coldwell Banker program RealVitalize that allows sellers to fix/paint/repair their home for sale with payment due at closing.

Buyers Be Ready to Purchase



Obtaining a Mortgage Pre-Qualification

Property Taxes

Homeowner Insurance

Closings & Closing Costs

Neighborhoods

I HAVE EXPERT RESOURCES FOR THESE

I Support My Clients Every Step Of The Way

There are new real estate practices in effect across the U.S.

 I have easy to understand information for you.

Kathy Schroeder

Coldwell Banker Realty

Mobile: 954 235-8671

www.ComeLiveInParkland.com (link)