Blair's Market Update For Coral Springs & Parkland, FL 11/26/07

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Real Estate Agent with Re/Max Advisors

Blair's Weekly Market Update For Parkland & Coral Springs

Week of November 19th - November 25th, 2007

1,558 Single Family Homes For Sale (Parkland - 460, Coral Springs - 1,098)

     59 New Listings For The Week

        6 Homes Back On The Market This Week

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

                   Under $300,000 = 0

                   $300,000 - $500,000 = 12

                   $500,000 - $700,000 = 0

                   $700,000 - $900,000 = 1

                   $900,000 - $1,100,000 = 0

                   Over $1,100,000 = 1

    29 Off Market (Cancelled, Temporary Off, Withdrawn)     

    70 Price Reductions

    As expected showings and buyer activity were extremely slow during the holiday week. However, the good news is indicated in the number on homes going into contract basically staying consistent for last week, with many agents and buyers putting things on hold for Thanksgiving. We are approaching our final push for the year, so if you are considering a price reduction, now is the time before the holidays and New Year celebrations really kick in. Remember to view recent Real Estate related news articles, checkout my Blog by clicking here Blair's Blog.  

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