CITY OF PARKLAND | MAY 2026 SUMMARY — A total of 52 single-family homes in the City of Parkland were sold with a median price of $1,225,000. The "median" is the midpoint value where half the homes are in the upper range, the other half are in the lower range.
How fast did these sold listings go from active to pending sale status? The median days-on-market for Parkland homes sold in May 2026 was 29 days. This means half the homes had accepted offers within 4 weeks of their list date.
What was the ratio of actual sold price in relation to listing price? The median sales-to-list price ratio in May 2026 was 96%. This is the second straight month that the median was 4% below asking.
How many Parkland homes were purchased by cash buyers? Cash transactions accounted for 25% of the total single-family home sales in May 2026. This is lower compared to the same time last year when 32% of the total sales in Parkland were from cash buyers.
OVERVIEW MORE AND FASTER SALES YEAR-OVER-YEAR. Sales and median price of single-family homes in the City of Parkland increased 18% and 4%, respectively, compared to the same time last year. Homes sold in May 2026 went under contract faster at a median of 29 days vs. last year's 41 days. As of May 31, 2026, active inventory was at 4 months of supply which indicates that we are still in between a seller's market and a balanced market... If you are thinking about buying or selling a home in Parkland or the nearby areas, you can contact us for a free consultation (no obligation!). We will explain the process and guide you every step of the way!
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Pierre J. Denis is a Parkland Florida REALTOR® with more than 20 years of experience. Client Success Stories
Related: Previous month Parkland Home Sales APRIL 2026
Related: Previous year Parkland Home Sales MAY 2025