Pierre J  Denis

Pierre J Denis

Associate Broker / REALTORĀ®

License #: 3080712

RE/MAX Excellence

(561) 245-1710
Email Me

Real Estate Market Stats Parkland FL | October 15, 2023


Highest sold price was $2,222,222 for a waterfront home with 5 bedrooms in Parkland Bay.

A total of 50 single-family homes were sold ranging from $664,900 to $2,222,222 with a median of $1,158,000. These listings averaged 47 days on the market. The median value is the midpoint where half the listings sold for more, the other half for less.
parkland florida home sales month september 2023

Single-family homes inventory is at 2.2 months of supply.

The number of single-family homes 'active for sale' as of September 30, 2023 is 112 which means inventory is at 2.2 months of supply if no new listings enter the market.

MONTHS' SUPPLY OF INVENTORY (MSI) This metric indicates how long it could take to sell current inventory based on recent sales. Around six (6) months of supply is generally considered a balanced or neutral market. Less favors sellers while more favors buyers. COMPUTATION: Total active for-sale listings as of the end of the month divided by total properties sold during that month.


The median price for single-family homes in Parkland decreased 3.8% compared to the same period last year (year-over-year or YoY).

parkland fl housing market april to sep 2023

April 1-September 30, 2023

 • Total Closed Sales: 337 +9.4% YoY

 • Median Sold Price: $1,135,000 -3.8% YoY

 • Median Sold Price/Sq.Ft: $355 -0.8% YoY

 • Sold to List Price Ratio: 0.97

 • Average Days on Market: 47 Days

The median is the preferred metric of home value because it is not sensitive to very high sale prices for a small number of homes that may not be characteristic of the area.

Data is from the Southeast Florida MLS as of October 6, 2023. Information is deemed reliable but not warranted.

Have Questions?