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THE PARKLAND
MAY 2025
REAL ESTATE REPORT
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SPECIAL MARKET INSIGHTS BELOW
BUYER DEMAND / IMPLICATION FOR SELLERS / IMPERATIVE NEED
Worth a Read
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MAY SALES
THE NET NET
Sales Prices Up / More Homes on the Market /
Longer Days On Market /
Buyers for Every Price Range / Mortgages Still Dominant
41 HOMES WERE SOLD FOR A TOTAL OF $54.2M
AVERAGE PRICE $1.32M
BOUGHT: 63.4% CONVENTIONAL MORTGAGE | 36.6% CASH
SALES DISPERSED ACROSS ALL PRICE RANGES
NOTHING SOLD UNDER $700K
4 HOMES SOLD $2M+
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Price Range
$700,000 - $799,999
$800,000 - $899,999
$900,000 - $999,999
$1,000,000 - $1,099,999
$1,100,000 - $1,199,999
$1,200,000 - $1,299,999
$1,300,000 - $1,399,999
$1,400,000 - $1,499,999
$1,500,000 - $1,599,999
$1,600,000 - $1,699,999
$1,700,000 - $1,799,999
$1,800,000 - $1,899,999
$1,900,000 - $1,999,999
$2 Million +
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Number of Homes Sold
2
3
8
3
2
3
3
4
3
1
1
2
2
4
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"Days To Sell" Took A Little Longer in May
58.5% SOLD IN 60 DAYS OR LESS
70.7% SOLD IN 90 DAYS OR LESS
(In Previous Months 70%+ of Homes Sold in 60 Days or Less)
See Table Below
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0-30
31-60
61-90
91-120
121-180
181-365
366+
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16 HOMES
8 HOMES
5 HOMES
3 HOMES
2 HOMES
3 HOMES
4 HOMES
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Special Parkland Market Insights
Market Trends
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The Parkland luxury real estate market YTD 2025 is marked by price growth compared to 2024. [More new construction homes at high price points.]
- Despite higher prices, demand for luxury homes remains strong, especially among families attracted to Parkland’s amenities, top-rated schools, and secure, gated communities.
- New luxury developments, such as Saltgrass at Heron Bay, are launching in 2025, with prices starting at $1.6 million and will offer high-end amenities and customization options.
What Does This Mean for Buyers?
- With homes staying on the market longer, buyers have more options and negotiating power. Economic uncertainty may play a key role in days to sell.
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The market is currently trending towards more of a buyer’s market, with more choices for prospective buyers; putting pressure on sellers to price compete.
What Does This Means for Sellers?
- Sellers now may face longer selling times and need a strategic approach to stand out to attract discerning buyers. Homes that are competitively priced, well-prepared, and aggressively marketed continue to sell quickly and for highest price in this market. Pricing and expert marketing are key especially now.
The Importance of Professional Marketing (Sellers)·
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A specialized marketing program can make a significant difference in attracting qualified buyers and maximizing sale price.
I, Through Coldwell Banker, Do Offer A
Formal Luxury Home Marketing Plan
Professionally Developed and Executed By Marketing Experts
3 Professional Teams Work With Me to Create and Launch
Ask Me About This Unique Program
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As a 24 Year Parkland Resident and Realtor,
I Am Experienced in Market Analysis, Contracts, Negotiation
Sellers: I Can Give You
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.
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Buyers: I Can Provide Info
About 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 | | | | |
