THE PARKLAND

AUGUST 2024

REAL ESTATE REPORT

Kathy Schroeder

Coldwell Banker Realty

Helping Buyers, Sellers, Investors

Visit My Website To

See All Monthly Parkland Sales Reports:

GREAT NEWS FOR PARKLAND SELLERS

75%+ of Parkland Homes Sell in 60 Days or Less

The Average Price Exceeds $1.26 Million

66%+ Of Homes Were Purchased with Mortgages

(Mortgage Rates Not Stopping Buyers)

Parkland - August Sales

THE OVERVIEW

• 50 Homes sold in August (44 homes sold in July)
• Total Sales: $63.22 Million (vs $54.074 Million in July)
• Average Price was $1,264,323
• 42% (21 Homes) Sold in 30 Days or Less [Days on Market]
• 76% of all homes sold in 60 days or less
• The Breakout: [Days On Market Before Sold]
• 0-30 days - 21
• 31-60 days - 17
• 61-90 days - 5
• 91-120 days - 4
• 121-180 days - 0
• 181-365 days - 2
• 366 days or more - 1

• How Bought: Conventional Mortgages (33) vs Cash (16)
• Homes sold broke out as follows:
• 8 Homes $700,000-$799,999
• 8 Homes $800,000- $999,999
• 13 Homes $1,000,000-$1299,999
• 3 Homes $1.3M-$1,399,999
• 2 Homes $1.4M-$1,499,999
• 7 Homes $1.5M- $1,799,999
• 3 Home $1.8M - $1,999,999
• 6 Homes Sold for $2 Million +

See these Actual Homes on MLS Sold Homes Link Below

NEED REAL ESTATE HELP ?

New Real Estate Practices Are Now In Place

HAVE QUESTIONS?

I Can Help

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