THE PARKLAND

NOVEMBER 2024

REAL ESTATE REPORT

Round About in Heron Bay

NOVEMBER SUMMARY

Time of Year Impacted Sales [No Surprise]

Some Homes Took Longer Times to Sell

Homes That Took Longer Than 100 Days to Sell

Were In Different Neighborhoods/Wide Range of Prices

42% of Homes Sold in 30 Days or Less

61% of Parkland Homes Sold in 60 Days or Less

The Average Price Exceeded $1.112 Million

74% Conventional Mortgages Purchases

Sales Detail

THE OVERVIEW

• 31 Homes sold in November (43 homes sold in October)
• Total Sales: $34.47 Million (vs $54.40 Million in October)
• Average Price was $1.111M
• 42% (13 Homes) Sold in 30 Days or Less
• 61.3% of all homes sold in 60 days or less
• The Breakout: [Days On Market Before Sold]
• 0-30 days - 13
• 31-60 days - 6
• 61-90 days - 5
• 91-120 days - 0
• 121-180 days - 3
• 181-365 days - 2
• 366 days or more - 2

• How Bought: Conventional Mortgages (23) vs Cash (8)
• Homes sold broke out as follows:
• 2 Homes $600,000 - $699,999
• 2 Homes $700,000-$799,999
• 7 Homes $800,000- $999,999
• 11 Homes $1,000,000-$1299,999
• 3 Home $1.3M-$1,399,999
• 3 Homes $1.4M-$1,499,999
• 1 Homes $1.5M- $1,599,999
• 1 Home $1.6M - $1,699,999
• 1 Home Sold for $2 Million +

Kathy Schroeder

Coldwell Banker Realty

Mobile: 954 235-8671

HELPING SELLERS, BUYERS, INVESTORS

20+ Years Real Estate/Marketing Experience

Parkland Resident 24 Years

2023 International President’s Elite Team

2022 International President’s Circle Team

2021 International President’s Elite Designation

Member: Realtors of the Palm Beaches & Greater Fort Lauderdale

Member: Both Florida and National Realtor Associations

MBA