Rising home prices in Parkland in January 2021

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The median sale price of a home sold in January 2021 in Parkland rose by $184,000 while total sales increased by 43.3%, according to BlockShopper.com.

In January 2021, there were 43 homes sold, with a median sale price of $675,000 - a 37.5% increase over the $491,000 median sale price for the same period of the previous year. There were 30 homes sold in Parkland in January 2020.

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 January 2021.

The following table compares Parkland to other Broward County cities with similar median sale prices in January 2021:

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Southwest Ranches83166.7%$691,250$1,050,000-34.2%
Lighthouse Point362924.1%$465,000$398,00016.8%
Wilton Manors292516%$440,000$395,00011.4%
Cooper City292138.1%$420,000$352,11019.3%
Fort Lauderdale44632736.4%$390,000$335,00016.4%
Coral Springs18414725.2%$362,750$315,00015.2%
Hillsboro Beach14875%$333,997.50$381,500-12.5%

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