The The Falls at Parkland market

Market report · Neighbourhood · Aug 2026

The The Falls at Parkland market, in numbers

Homes in The Falls at Parkland typically sell in about 123 days, prices are up 34.7% on a year ago. With 9.0 months of inventory, it’s a buyer’s market.

Some comparisons are hidden until at least 3 transactions close in a month. Medians below are drawn from very small samples — treat them as indicative.

Median sale price

$1.28M

↑ +60.5% MoM↑ +34.7% YoY

2 sales closed in Aug 2026

Low sample

Median rent

$5,300/mo

1 leases closed in Feb 2026

Low sample

Time to sell

123 days

typical days on market

Low sample

Days from listing to going under contract.

Months of inventory

9.0 mo

buyer’s market

Low sample

Active listings divided by the monthly sales pace. Under 4 months favors sellers; over 6 favors buyers.

Your questions, answered

Straight answers from The Falls at Parkland’s closed transactions.

What does a home here cost?

The median sale closed at $1.28M in Aug 2026, up 34.7% on a year ago. Typical sales ranged $902k–$1.66M.

What income do you need to buy here?

At a 6.5% 30-year mortgage with 20% down, the median home runs about $9,156/mo including taxes and HOA — comfortable at a household income around $366k a year, using the 30% rule. Renting instead costs $5,300/mo.

Is now a good time to buy?

9.0 months of inventory points to a buyer’s market. Prices are still climbing, so waiting has a cost.

How fast do homes sell?

About 123 days from listing to contract in Aug 2026. The pace picks up toward August and slows around February.

How much room is there to negotiate?

Not enough closed sales this month to measure — the price-cut chart below is the best proxy.

When is the best time to list?

Closings peak in August and bottom out around February. Listing four to six weeks ahead of the peak historically gets the most eyes.

Is it a good rental investment?

Yield needs at least 3 closed sales and 3 closed leases in a month — this area doesn’t clear that bar yet.

Buying vs renting

Price-to-rent ratio is 20.1 — buying typically starts to beat renting after roughly 8–10 years here.

To buy — median sale price

Sale price, $

$1.28M↑ +60.5% MoM↑ +34.7% YoY

Aug 2026 — median $1.28M · 2 sales · 123 days on market · low sample

$500k

$1.0M

$1.5M

$2.0M

Oct ’25

Dec ’25

Feb ’26

Apr ’26

Jun ’26

Aug ’26

To rent — median monthly rent

Monthly rent, $

$5,300/mo

Feb 2026 — median $5,300/mo · 1 leases · 163 days on market · low sample

$5,300

Oct ’25

Dec ’25

Feb ’26

Apr ’26

Jun ’26

Aug ’26

MedianTypical range (5th–95th percentile)3+ closingsUnder 3 (low sample)No closings (activity only)Tap or hover any month for its numbers.

What each size costs

Medians over the last 12 months.

Beds

To buy

To rent

Volume

3 beds

$832k

$5,300/mo

8 closed Low sample

What sells here

Sales mix and median price by property type, last 12 months.

House

$1.02M

100% of sales · 4 closed

Market depth

Supply and demand

Listings per month

Sep 2026 — 0 closed · 0 new · 12 active

Oct ’24

Jan ’25

Apr ’25

Jul ’25

Oct ’25

Jan ’26

Apr ’26

Jul ’26

ClosedActive (on market)New listings

Seasonality

Avg closings

Listings move fastest in August

0.25

0.5

0.75

Average closings by calendar month, drawn from at least two years of history.

Price-cut pressure

% of active listings

Sep 2026 — 58% of active listings cut · median cut 4.5%

25%

50%

75%

100%

Oct ’24

Jan ’25

Apr ’25

Jul ’25

Oct ’25

Jan ’26

Apr ’26

Jul ’26

3-month averageSingle month

HOA fees per sqft

$ per sqft, monthly

$0.25 per sqft · Aug 2026

$0.00

$0.50

$1.00

$1.50

$2.00

Oct ’24

Jan ’25

Apr ’25

Jul ’25

Oct ’25

Jan ’26

Apr ’26

Jul ’26

Median monthly HOA fee per square foot among closed sales.

Homes for sale in The Falls at Parkland →Rentals in The Falls at Parkland →

Based on 17 closed transactions over the period shown · Updated Oct 4, 2026 · Medians drawn from fewer than 3 closings are flagged as low sample.