Parkland home prices rise in October 2020

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The median sale price of a home sold in October 2020 in Parkland rose by $147,000 while total sales increased by 33.3%, according to

In October 2020, there were 52 homes sold, with a median sale price of $687,000 - a 27.2% increase over the $540,000 median sale price for the same period of the previous year. There were 39 homes sold in Parkland in October 2019.

The median sales tax in Parkland for the most recent year with available data, 2017, was $8,380, approximately 1.2% of the median home sale price for October 2020.

The following table compares Parkland to other Broward County cities with similar median sales prices in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Lighthouse Point453240.6%$660,000$566,25016.6%
Southwest Ranches16977.8%$640,000$620,0003.2%
Cooper City614924.5%$439,900$405,0008.6%
Wilton Manors452673.1%$417,500$293,00042.5%
Coral Springs2272231.8%$380,000$340,00011.8%
Fort Lauderdale48838028.4%$380,000$298,50027.3%
Sea Ranch Lakes41300%$361,500$2,895,000-87.5%
Hillsboro Beach7540%$335,000$400,000-16.3%

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