Blair's Market Update For Coral Springs & Parkland, FL 11/19/07

By
Real Estate Agent with Re/Max Advisors

Blair's Weekly Market Update For Parkland & Coral Springs

Week of November 12th - November 18th, 2007

1,550 Single Family Homes For Sale (Parkland - 459, Coral Springs - 1,091)

     70 New Listings For The Week

        7 Homes Back On The Market This Week

     15 Homes Went Into Pending Contracts (0.9% Pending Rate)

                   Under $300,000 = 1

                   $300,000 - $500,000 = 9

                   $500,000 - $700,000 = 3

                   $700,000 - $900,000 = 1

                   $900,000 - $1,100,000 = 1

                   Over $1,100,000 = 0

   120 Price Reductions

     36 Off Market (Cancelled, Temporary Off, Withdrawn)

Agents are still reporting more showing activity and offers and we are seeing a very slight increase in homes going into contract over the past three weeks. However we are still under 1% pending rate per week.

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