THE PARKLAND

SEPTEMBER 2024

REAL ESTATE REPORT

Kathy Schroeder

Coldwell Banker Realty

Helping Buyers, Sellers, Investors

THE SEPTEMBER SKINNY

65.8%+ of Parkland Homes Sold in 60 Days or Less

The Average Price Exceeded $1.27 Million

~63% Of Homes Were Purchased with Mortgages

(Mortgage Rates Not Stopping Buyers)

Parkland - September Sales

THE OVERVIEW

• 38 Homes sold in September (50 homes sold in August)
• Total Sales: $48.29 Million (vs $63.22 Million in August)
• Average Price was $1,270,655
• 34.2% (11 Homes) Sold in 30 Days or Less
• 65.8% of all homes sold in 60 days or less
• The Breakout: [Days On Market Before Sold]
• 0-30 days - 13
• 31-60 days - 12
• 61-90 days - 7
• 91-120 days - 5
• 121-180 days - 0
• 181-365 days - 0
• 366 days or more - 1

• How Bought: Conventional Mortgages (23) vs Cash (14) FHA (1)
• Homes sold broke out as follows:
• 1 Home $600,000 - $699,999
• 5 Homes $700,000-$799,999
• 11 Homes $800,000- $999,999
• 13 Homes $1,000,000-$1299,999
• 1 Home $1.3M-$1,399,999
• 1 Homes $1.4M-$1,499,999
• 2 Homes $1.5M- $1,799,999
• 1 Home $1.8M - $1,999,999
• 3 Homes Sold for $2 Million +

NEED REAL ESTATE HELP ?

New Real Estate Practices Are Now In Place

HAVE QUESTIONS?

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24+ Years Real Estate/Marketing Experience

Parkland Resident 24 Years

Areas I Serve

South Palm Beach, Delray Beach, Boca Raton to Fort Lauderdale

Inland: Parkland, Coral Springs, Wellington