Is Parkland, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Parkland is a seller's market

Buyer's
Market

Difference Since June 2021

Since last year, Parkland has remained a Seller's Market.

Key Takeaway

Parkland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Parkland, FL cost?

Median Sold Price

$942,500

$304/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2021

+$252,500(+36.6%)

Key Takeaway

Homes in Parkland have sold for 36.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJun 2021Jun 2022%
1 --
N/A
2 $322.5K$370K
+14.7%
3 $420.4K$560K
+33.2%
4 $650K$850K
+30.8%
5+ $900K$1.2M
+38.9%

Median Sold Price Compared To Nearby Cities

Parkland
+36.6%
Coral Springs
+24.0%
Sunshine Parkway
+22.4%
Coconut Creek
+20.3%
Coral Springs-Margate
+19.3%

How many homes are available in Parkland, FL?

Number of Homes For Sale

May 2022Jun 2022%
6573+12.3%

Homes For Sale By Bedroom Count

# BEDSMay 2022Jun 2022%
1 00
0.0%
2 00
0.0%
3 106
-40.0%
4 2629
+11.5%
5+ 2938
+31.0%

Number of Homes Sold

May 2022Jun 2022%
1714-17.6%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Parkland, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.

Average Sale Time

Jun 2021Jun 2022%
30 Days25 Days-17.2%

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Parkland are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Parkland, FL

Parkland, FL has 73 homes on the market. The number of homes for sale in Parkland, FL increased by 12.3% between May 2022 and June 2022. In June 2022, listings were on the market for 25 days. During the same period, the median list price in this real estate market was $942,500. From May 2022 through June 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 0% more expensive, the cost of 2 bedrooms properties went up by 14.7%, 3 bedrooms properties prices increased by 33.2%, prices of 4 bedrooms properties went up by 30.8%, 5 bedrooms properties became 38.9% more expensive. This housing market inventory have changed: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory did not change, the quantity of 3 bedrooms homes went down by 40%, 4 bedrooms homes became 11.5% more available, number of 5 bedrooms homes increased by 31%. In June 2022 more than 4 listings in Parkland, FL were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 9 were sold below.

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