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The Ultimate Coconut Creek Real Estate Resource

Welcome To RealEstateInCoconutCreek.com

We are Coconut Creek Real Estate Specialists. After many years of working in real estate in Coconut Creek, we have made it our business to know anything and everything about the market here.

Please navigate our site where you can learn more about the Butterfly Capital of the World, research Coconut Creek neighborhoods, search available properties, and so much more. Please feel free to contact us at: 954-609-0591. We look forward to earning your business and trust.

Citron Real Estate Group Sells 2 Coconut Creek Homes For 2013

Citron Real Estate Group Sets 2 Record Homes Sales In Coconut Creek

Coconut-Creek-Sold-Real-Estate-Home-By-Agent

Michael Citron of The Citron Real Estate Group set two record sales in Winston Park’s Laurens Turn community in 2013.  If you are thinking about selling your Coconut Creek home for top dollar, please give me a call directly at: 954-609-0591.  I am currently the top selling Coconut Creek real estate agent.  My RE/MAX ParkCreek office is also the top selling real estate company in the City of Coconut Creek, Florida.  My website, RealEstateInCoconutCreek.com, is the only website dedicated to real estate in Coconut Creek.

Coconut-Creek-Florida-Homes-Sold-By-Realtor

Our website give buyers and sellers complete access to the Multiple Listing Service (MLS) to search for available Coconut Creek and South Florida houses currently for sale.  On our website, you can also get to know each and every Coconut Creek neighborhood, and view local city information including schools, houses of worship, and much much more!

Know the neighborhood. Know the value. Know your hometown agents. The Citron Real Estate Group at RE/MAX ParkCreek. If you are interested in buying or selling real estate in Coconut Creek or South Florida and are looking for experienced local Coconut Creek Realtors, please do not hesitate to contact us at 954-609-0591 or send us a message here. To stay updated with all Coconut Creek
real estate information, receive our blog posts via email by subscribing here. After registering, you must activate the subscription in a follow-up email.

15 Coconut Creek Single Family Home Sales Update For January 2013

15 Coconut Creek Real Estate Home Sales For January 2013 Presented By Realtor Michael Citron

Property Address Type Of Listing Community Price Beds/Baths Pool? Water View? Square Feet
7125 NW 47th Way Regular Sale Hidden Lake $399,000 4/3 No Yes 2,352
5632 NW 39th Ave. Regular Sale Winston Park $385,000 4/3 Yes No 2,162
5005 Ibis PL Regular Sale Regency Lakes $269,000 4/3 No Yes 2,211
4430 Banyan Trails Dr. Regular Sale Banyan Trails $260,000 3/2 No Yes 1,836
4017 NW 62nd Dr. Short Sale Cocobay $258,100 5/3 Yes Yes 2,523
4876 NW 14th St. Regular Sale Lyons West $250,000 3/2 Yes No 1,830
5103 Woodfield Way Bank Foreclosure Banyan Trails $249,900 3/2 No No 2,036
5408 NW 50th Ct. Bank Foreclosure Indigo Lakes $249,900 3/3 No Yes 1,938
3833 NW42nd Way Short Sale Coquina $245,000 4/3 No No 2,202
7113 Crescent Creek Ln Bank Foreclosure Coconut Pointe $244,900 4/3 No No 2,226
4710 NW 75th St. Short Sale Estate of Lyons Gate $225,000 3/2 No No 2,031
4430 NW 8th St. Regular Sale South Creek $214,900 3/2 Yes No 1,567
291 NW 42nd Avenue Regular Sale South Creek $209,000 3/2 Yes Yes 1,776
931 NW 45th Ave Short Sale South Creek $199,777 3/2 Yes Yes 1,869
5050 NW 44th Ave Bank Foreclosure Winston Park $189,900 4/3 No No 2,047

There were 15 total single family sales for the month of January, 2013 ranging in price from $399,900 to $189,900. Last month, there were 35 total single family homes in Coconut Creek for December 2012. There were 16 less homes sold in Coconut Creek, Florida in the month of January, 2013 than in December, 2012.  Among the 15 sales for the month of January, 8 were distressed sales (bank foreclosures, corporate owned, or short sales). 48% of the sales were distressed ones.

The drop in overall single family homes sales is due to the fact that the beginning of the real estate market for the new year always starts off a little slower, as many potential buyers take a break from the home search during the holiday season.  Another reason that home sales are on the decline is due to the fact that the overall Coconut Creek and South Florida home inventory is very low causing buyers not to have a large quantity of available real estate properties to view.  Currently there are under 30 available single family homes to see in the entire City Of Coconut Creek, Florida. Click Here To Search For All Active Coconut Creek Single Family Homes

Many buyers are actively looking in Coconut Creek to purchase a home, as our city provides an affordable alternative to neighboring cities such as Coral Springs and Margate.  Buyers can also take advantage of Coconut Creek’s excellent school district as well as it great parks and recreation for the entire family to enjoy.  Coconut Creek is also a very safe area, where you can feel comfortable having your kids grow up in.

We pride ourselves on having the only exclusive real estate website for Coconut Creek, Florida. Each month, we provide every single family real estate sale in Coconut Creek, Florida. We know the importance of knowing the current market values in the city. You can also click on the following link to see our real estate market reports from previous months: Coconut Creek Market Reports. Our website also give buyers and sellers complete access to the Multiple Listing Service (MLS) to search for available Coconut Creek and South Florida houses currently for sale, get to know each and every neighborhood, and view local city information including schools, houses of worship, and much much more!

Know the neighborhood. Know the value. Know your hometown agents. The RE/MAX Coconut Creek Real Estate Team. If you are interested in buying or selling real estate in Coconut Creek or South Florida and are looking for experienced local Coconut Creek Realtors, please do not hesitate to contact us at 954-609-0591 or send us a message here. To stay updated with all Coconut Creek
real estate information
, receive our blog posts via email by subscribing here. After registering, you must activate the subscription in a follow-up email.

Coconut Creek 2013 Real Estate Market Off To A Great Start

parkland-real-estate-home-market

Coconut Creek and South Florida home prices increased in December 2012 ending the year on a strong note. Many short sales and foreclosures came on and off the market causing a decrease in the overall real estate inventory. As a result, sellers regained confidence in the housing market, as buyer demand and confidence grows into 2013.

The Sun-Sentinel reported that, “In Broward County, the median price rose 21 percent in December to $230,000, according to the Greater Fort Lauderdale Realtors. The median means half sold for more, half for less.” This is exciting news for the overall real estate market in the City of Coconut Creek and the rest of South Florida. Buyers are now leaping off the real estate fence to take advantage of low mortgage interest rates, affordability, and achieving the American dream of home ownership.

I was quoted in the Sun-Sentinel article discussing how the buyer activity has dramatically increased due to the lack of home inventory and a larger pool of motivated buyers in today’s market.

Michael Citron, an agent in Palm Beach and Broward counties, said some buyers are so frustrated by the lack of inventory that they’re pursuing properties on their own, often bringing him what turn out to be expired listings from websites. When buyers do find homes, they have to act quickly.”They have to be very, very aggressive,” Citron said. “I can barely let a client think about it overnight or they’ll lose it tomorrow. It’s not a warm and fuzzy feeling buying a house now.”

If homes are priced appropriately and are in good condition, they are selling very quickly and for top market dollar. Buyers are willing to pay a premium, as the competition for homes is growing in our marketplace. If you are currently looking for a home, be prepared. Make sure that you are fully qualified for a mortgage and are ready to submit a strong offer on a home right after you see it, as time is of the essence! If you do not have your ducks in a row, you may just loose out on your dream home!

If you are thinking about buying a home in Coconut Creek or South Florida, please give us a call at: 954-609-0591 or contact us. We will help guide you throughout the entire buying process and make your buying experience an enjoyable one.

Real Estate in Coconut Creek  is the most comprehensive online resource for Coconut Creek real estate information. Whether you are looking for the latest sales, trends or homes for sale in Coconut Creek, Florida, Real Estate in Coconut Creek has it all at your fingertips. Know the neighborhood. Know the value. Know your hometown agents: The Citron Real Estate Group.

To stay updated with all Parkland real estate information, receive our blog posts via email by subscribing here. After registering, you must activate the subscription in a follow-up email.

Coconut Creek Real Estate Home Prices Rise in December

Housing market

Great news for South Florida sellers started in December, home prices are on the rise no longer giving the buyers the upper hand.  Prices in Palm Beach, Broward and Miami-Dade counties rose 0.8 percent from October and 9.9 percent from a year earlier, according to the Standard & Poor’s/Case-Shiller home price index released Tuesday.

Broward County’s median price for existing homes last month hit $230,000, the highest of 2012 and a 21 percent increase from a year earlier, the Greater Fort Lauderdale Realtors said Tuesday. Broward’s median increased on an annual basis in every month during 2012.  There were 1,238 Broward homes changing hands, up 15 percent from December 2011. Cash deals rose to 35 percent, from 409 to 549.  It was the 11th consecutive month that prices in the three counties have increased on an annual basis.

After a long housing downturn, the market rebounded in 2012. Bidding wars broke out, pitting first-time buyers against seasoned investors. Homes sold quickly and the supply of properties dried up in many areas.  Local Realtor boards release median prices for homes sold in a month, but many analysts say a better measure of values is Case-Shiller, which tracks prices of the same home over time. The index does not include condominiums and trails Realtor board data by a month.

The real estate market in Coconut Creek and South Florida is starting to pick up.  Inventory is low, and demand is high in our city.  If you are thinking about buying a home, it is essential to have all of your ducks in a row in regards to your financing.  Make sure that you are fully qualified for a loan and have your lender or mortgage broker provide you with  a desktop underwriting approval.  This will be helpful when submitting your formal offer to show the seller that you are fully qualified to purchase.  As a result, you will have a better chance of getting the deal.

Know the neighborhood. Know the value. Know your hometown agents. The REMAX Coconut Creek Real Estate Team. If you are interested in buying or selling real estate in Coconut Creek or South Florida and are looking for experienced local Coconut Creek Realtors, please do not hesitate to contact us at  954-609-0591 or send us a message here.

To stay updated with all Coconut Creek real estate information, receive our blog posts via email by subscribing here. After registering, you must activate the subscription in a follow-up email.

“Michael, Have We Missed The Bottom?”

In the last month, my team and I have spoken with many potential Coconut Creek and South Florida home buyers that are very interested in buying homes.  Many have asked our real estate team if they missed the “bottom of the market.”  Even though we express to our clients that the real estate market has turned around and the bottom has passed us, it is still a great time to purchase real estate.

You certainly can never tell when the “bottom” is truly upon us.  As a result, when purchasing a home in a decreasing real estate market, you never know how far values will fall.  Also, if you purchase a home just after the bottom while home values are increasing, then you can be assured that your house investment will not decrease in values in the coming months and years.

My team and I also like to remind my buyers that as a long term investment real estate is still the clear winner.  Check out the chart below from MSNMoney.com which compares the investment on real estate to  DOW, S&P, NASDAQ, over the past 13 years.  After looking at the chart below, this should strongly persuade all potential buyers to get off the real estate fence and purchase homes as great returns on their investments.

coconut-creek-real-estate-investment

Know the neighborhood. Know the value. Know your hometown agents. The RE/MAX Coconut Creek Real Estate Team. If you are interested in buying or selling real estate in Coconut Creek or South Florida and are looking for experienced local Coconut Creek Realtors, please do not hesitate to contact us at  954-609-0591 or send us a message here.

To stay updated with all Coconut Creek real estate information, receive our blog posts via email by subscribing here. After registering, you must activate the subscription in a follow-up email.

35 Coconut Creek Home Sales Update For December 2012

Coconut Creek Real Estate Single Family Market Home Update For December 2012 Presented By Realtor Michael Citron

Property Address Type Of Listing Community Price Beds/Baths Pool? Water View? Square Feet
7555 NW 39th Avenue Short Sale Estates at Coconut Creek $1,750,000 9/9 Yes No 10,777
7400 NW 49th Lane Regular Sale Hillsboro Pines $730,000 4/3 No Yes 5,548
7125 NW 47th Way Regular Sale Hidden Lake $345,000 4/3 No Yes 2,352
4902 Cypress Way Regular Sale Cypress Estates $335,000 4/2 Yes No 1,902
5610 NW 38th Terrace Short Sale Winston Park $334,000 4/3 Yes Yes 2,596
6211 Swans Terrace Regular Sale Regency Lakes $320,000 3/2 Yes Yes 2,205
4869 NW 53rd Circle Bank Foreclosure Indigo Lakes $314,900 3/3.5 No No 2,849
4066 Oxbow Drive Regular Sale Banyan Trails $305,000 4/3 No No 1,950
4867 NW 72nd Place Short Sale Secret Pond $300,000 4/2 No No 2,712
4981 Swans Lane Regular Sale Regency Lakes $279,950 3/2 Yes No 1,690
5005 Ibis Place Regular Sale Regency Lakes $260,000 4/2 No Yes 2,211
5053 Pebblebrook Way Regular Sale Banyan Trail $254,000 3/2 No Yes 1,821
7510 NW 47th Way Regular Sale Estates of Lyons Gate $253,500 4/2 No No 1,847
4510 Banyan Trails Drive Short Sale Banyan Square $247,000 4/2 Yes Yes 2,274
6112 NW 45th Avenue Short Sale Winston Park $240,000 3/2 No Yes 1,848
5541 NW 50th Avenue Regular Sale Winston Park $228,500 4/2 No No 1,996
6332 NW 42nd Terrace Short Sale Winston Park $220,000 4/2 Yes No 1,993
3743 NW 63rd Court Short Sale Cocobay $220,000 4/2.5 No No 1,793
4452 NW 43rd Street Short Sale Coquina Lakes $215,000 3/2 Yes No 1,643
5466 NW 56th Drive Short Sale Winston Park $208,000 4/2 No No 1,938
4430 NW 8th Street Regular Sale South Creek $207,000 3/2 Yes No 1,567
5126 Heron Court Short Sale Regency Lakes $202,000 3/2 No Yes 1,810
1443 NW 48th Terrace Short Sale Lyons West $199,000 4/2 No No 1,830
1100 NW 43rd Avenue Regular Sale Edgefield $197,500 3/2 Yes Yes 1,448
5818 Eagle Cay Lane Regular Sale Regency Lakes $187,500 3/2 No No 1,341
2701 Calliandra Terrace Regular Sale Tamarind Village $186,000 3/2 No Yes 1,931
291 NW 42nd Avenue Regular Sale South Creek $182,500 3/2 Yes Yes 1,776
3731 NW 19th Street Bank Foreclosure Centura Parc $163,900 3/2 No No 1,439
2629 Blue Sage Avenue Regular Sale Tamarind Village $163,000 2/2 No No 1,552
2001 NW 37th Avenue Short Sale Centura Parc $140,000 3/2 No No 1,397
1951 NW 35th Avenue Short Sale Centura Parc $140,000 3/2 No No 1,439
4298 Acacia Circle Regular Sale Sawgrass Village $135,00 2/2 No Yes 1,141
5216 NW 55th Street Short Sale Winston Park $132,000 3/2 No No 1,928
4280 NW 9th Court Regular Sale Edgefield $118,000 3/1 No No 1,273

There were 35 total single family sales for the month of December, 2012 ranging in price from $119800 to $1,750,000.  Among the 35 sales for the month of February, 16 were distressed sales (bank foreclosures, corporate owned, or short sales). 48% of the sales were distressed ones.

Overall real estate inventory is decreasing in Coconut Creek, Florida.  As a result, there are a larger quantity of buyers looking to purchase homes in the city.  The decrease in overall homes inventory will help stabilize the real estate market and hopefully even push prices up in the coming months.  If you are thinking about selling your home, NOW is the perfect time, as you will have less competition from other sellers, especially distressed sellers (short sales and bank foreclosures).  Looking to upgrade to a larger home for your growing family or maybe you are an empty nester looking to downsize, now is the perfect time to sell your current home at a premium and then buy your next home and receive a historically low mortgage payment.

We pride ourselves on having the only exclusive real estate website for Coconut Creek, Florida. Each month, we provide every single family real estate sale in Coconut Creek, Florida. We know the importance of knowing the current market values in the city. You can also click on the following link to see our real estate market reports from previous months: Coconut Creek Market Reports. Our website also give buyers and sellers complete access to the Multiple Listing Service (MLS) to search for available Coconut Creek and South Florida houses currently for sale, get to know each and every neighborhood, and view local city information including schools, houses of worship, and much much more!

Know the neighborhood. Know the value. Know your hometown agents. The REMAX Coconut Creek Real Estate Team. If you are interested in buying or selling real estate in Coconut Creek or South Florida and are looking for experienced local Coconut Creek Realtors, please do not hesitate to contact us at  954-609-0591 or send us a message here. To stay updated with all Coconut Creek real estate information, receive our blog posts via email by subscribing here. After registering, you must activate the subscription in a follow-up email.

25 Coconut Creek Home Sales Update For February 2012

Coconut Creek Real Estate Single Family Market Home Update For March 2012 Presented By Realtor Michael Citron

Property Address Type Of Listing Community Price Beds/Baths Pool? Water View? Square Feet
4581 Little Palm Lane Short Sale Banyan Trails $265,000 4/2.5 Yes No 2,268
5692 NW 41st Avenue Regular Sale Winston Park $261,900 4/2 Yes No 1,759
3820 Woodfield Drive Regular Sale Banyan Trails $258,000 3/2 Yes Yes 1,736
4765 NW 76th Street Regular Sale Tall Trees $230,000 3/2 No No 2,163
4310 NW 51st Street Short Sale Winston Park $230,000 4/3 No No 2,063
7363 NW 45th Avenue Regular Sale Lyons Gate $230,000 4/2 Yes No 2,401
3901 NW 4th Court Regular Sale South Creek $230,000 3/2 Yes No 1,603
3783 NW 59th Street Regular Sale Parkwood V $226,000 3/2 Yes No 1,766
4819 NW 55th Drive Short Sale Indigo Lakes $222,500 4/2.5 Yes Yes 2,097
4487 NW 45th Terrace Regular Sale Coquina $220,000 3/2 Yes No 1,639
5410 NW 41st Way Regular Sale Coral Pointe At Winston Park $220,000 4/2.5 No Yes 1,831
611 Palmetto Drive Regular Sale Coconut Creek 11th $219,000 3/2 Yes No 1,772
3993 Crescent Creek Drive Regular Sale Crescent Creek $215,000 3/2.5 No No 2,105
311 Lake Drive Bank Foreclosure Coconut Creek 10th $202,000 3/2 Yes No 1,092
4926 Egret Place Short Sale Regency Lakes – Fairmont $195,000 3/2 Yes No 1,548
4014 Crescent Creek Drive Short Sale Crescent Creek $187,000 4/2 No No 1,858
500 NW 43rd Avenue Bank Foreclosure Coconut Creek 5th $185,000 3/2 Yes Yes 1,660
2301 NW 39th Terrace Regular Sale Centura Parc $177,500 3/2.5 No Yes 1,662
4039 Crescent Creek CREEK CT Short Sale Crescent Creek $175,000 3/2 No No 1,245
4021 NW 23rd Court Regular Sale Township Estates $168,000 3/2 No No 1,633
4000 NW 23rd Court Short Sale Township Estates $158,500 3/2 Yes No 1,722
5532 NW 53rd Circle Short Sale Winston Park $145,000 3/2 No No 1,705
700 NW 49th Avenue Bank Foreclosure Lakewood East $135,000 4/3 Yes No 1,697
1000 NW 43rd Avenue Regular Sale Edgefield $120,000 2/2 No Yes 1,762
5251 NW 77th Court Short Sale Hillsboro Pines $119,000 3/2 No Yes 2,454

There were 21 total single family sales for the month of March, 2011 ranging in price from $119,00 to $265,000. Last month, there were 21 total single family home sales. There were 4 more homes sold in Coconut Creek, Florida in the month of March, 2012 than in February, 2012. Among the 25 sales for the month of February, 12 were distressed sales (bank foreclosures, corporate owned, or short sales). 48% of the sales were distressed ones.

There has been a very consistent amount of distress sales selling in the City of Coconut Creek this year.  Over half of all single family sales have been either foreclosures or short sales.  As more and more distressed sales come on and quickly off the market, the overall real estate market in Coconut Creek, Florida will stabilize.

We are still seeing record low inventory for available single family home listings in Coconut Creek.  Currently, there are only 75 total homes available for sale (25 available distressed sales).

Click Here To Search For All Active Coconut Creek Single Family Homes

Coconut Creek is an affordable alternative to neighboring cities like Parkland and Coral Springs, as the school district in Northern Coconut Creek are exceptional.  If you are thinking about making a move, now is the time, as interest rates are at record low levels along with now affordable asking prices.

We pride ourselves on having the only exclusive real estate website for Coconut Creek, Florida. Each month, we provide every single family real estate sale in Coconut Creek, Florida. We know the importance of knowing the current market values in the city. You can also click on the following link to see our real estate market reports from previous months: Coconut Creek Market Reports. Our website also give buyers and sellers complete access to the Multiple Listing Service (MLS) to search for available Coconut Creek and South Florida houses currently for sale, get to know each and every neighborhood, and view local city information including schools, houses of worship, and much much more!

Know the neighborhood. Know the value. Know your hometown agents. The RE/MAX Coconut Creek Real Estate Team. If you are interested in buying or selling real estate in Coconut Creek or South Florida and are looking for experienced local Coconut Creek Realtors, please do not hesitate to contact us at 954-609-0591 or send us a message here. To stay updated with all Coconut Creek real estate information, receive our blog posts via email by subscribing here. After registering, you must
activate the subscription in a follow-up email.

21 Coconut Creek Home Sales Update For February 2012

Coconut Creek Real Estate Single Family Market Home Update For February 2012 Presented By Realtor Michael Citron

Property Address Type Of Listing Community Price Beds/Baths Pool? Water View? Square Feet
7466 NW 51st Way Short Sale Country Woods $348,000 5/3 Yes No 2,854
3708 Coco Lake Drive Regular Sale Coco Lakes $325,000 4/2.5 Yes Yes 2,566
4662 St Simon Drive Short Sale Banyan Trails $240,000 4/3 No No 2,396
5040 NW 44th Avenue Regular Sale Winston Park $240,000 4/3 No No 2,047
5540 NW 52nd Circle Regular Sale Winston Park $235,000 4/3 No No 1,640
4385 NW 45th Terrace Regular Sale Coquina $229,000 4/3 No No 1,771
4521 NW 52nd Street Regular Sale Winston Park $225,000 4/2 Yes No 1,966
5737 NW 49th Lane Regular Sale Victoria Isles $222,500 3/2.5 No No 1,885
4034 NW 62nd Court Short Sale Cocobay $215,000 4/3 No No 2,278
5116 NW 47th Avenue Short Sale Winston Park $215,000 4/2 Yes No 1,852
5551 NW 51st Avenue Short Sale Winston Park $205,000 3/2.5 No Yes 1,791
5485 NW 49th Court Bank Foreclosure Indigo Lakes $205,000 4/2 No No 1,605
2343 NW 34th Way Short Sale Centura Parc $190,000 4/2.5 No No 1,841
4013 NW 63rd Street Short Sale Cocobay $189,000 5/3 No No 2,410
4975 NW 10th Street Bank Foreclosure Lakewood East $187,000 3/2 Yes No 1,719
4903 NW 59th Court Short Sale Victoria Isles $187,000 3/2.5 No No 1,657
4931 Pelican Street Regular Sale Regency Lakes $180,000 3/2 No Yes 1,315
5150 NW 77th Court Short Sale Hillsboro Pines $150,000 4/2 Yes No 1,312
4777 NW 6th Place Short Sale Coco Palms $146,000 2/2 No No 1,128

There were 21 total single family sales for the month of February, 2011 ranging in price from $146,00 to $348,000. Last month, there were 15 total single family home sales. There were 6 more homes sold in Coconut Creek, Florida in the month of February, 2012 than in January, 2012. Among the 21 sales for the month of February, 12 were distressed sales (bank foreclosures, corporate owned, or short sales). 57% of the sales were distressed ones.

Sales are picking up as we are getting closer to the Spring/Summer buyer season.  We are still seeing many distressed sales occurring  in Coconut Creek, Florida.  This trend will continue for the coming months and into next year.  Hopefully, as more and more distressed sales come on and off the market, the overall Coconut Creek real estate market will settle and stabilize.  I foresee that the inventory of available homes in our city at record low levels.  As a result, there are not as many homes for potential buyers to choose from.

Buyers are looking to Coconut Creek, Florida as an affordable alternative to neighboring communities such as Coral Springs and Parkland. Coconut Creek offers excellent schools, parks and recreation, as well as many fine restaurants and shopping. The City of Coconut Creek is also conveniently located close to major highways making it easy to travel to and from work.

We pride ourselves on having the only exclusive real estate website for Coconut Creek, Florida. Each month, we provide every single family real estate sale in Coconut Creek, Florida. We know the importance of knowing the current market values in the city. You can also click on the following link to see our real estate market reports from previous months: Coconut Creek Market Reports. Our website also give buyers and sellers complete access to the Multiple Listing Service (MLS) to search for available Coconut Creek and South Florida houses currently for sale, get to know each and every neighborhood, and view local city information including schools, houses of worship, and much much more!

Know the neighborhood. Know the value. Know your hometown agents. The RE/MAX Coconut Creek Real Estate Team. If you are interested in buying or selling real estate in Coconut Creek or South Florida and are looking for experienced local Coconut Creek Realtors, please do not hesitate to contact us at 954-609-0591 or send us a message here. To stay updated with all Coconut Creek real estate information, receive our blog posts via email by subscribing here. After registering, you must
activate the subscription in a follow-up email.

Coconut Creek and Broward County Real Estate Prices and Sales Rise In January

Coconut Creek Home Prices and Sales Increase In January Making Now The Time To Buy Real Estate

Coconut Creek Home Prices & Sales Increase In January Making Now The Time To Buy Real Estate

Coconut Creek and Broward County Florida real estate is coming closer to a bottom, which is good news for homeowners and potential buyers. The Sun-Sentinel recently reported that, “The county’s median price for existing homes in January was $175,000, up 6 percent from a year ago. Broward sales rose 15 percent from January 2011.”

Besides home prices increases, the amount of inventory has significantly dropped in the past year by 34% in January 2012.  With less homes for sale on the market, the overall Coconut Creek and South Florida real estate market should stabilize by the end of 2012.  The Greater Fourt Lauderdale Of Realtors released a report showing that there were less than 6,000 single family homes for sale in Broward County.  As a result, this was a significant drop in home inventory from a year ago.  Another positive to less inventory is that homes are selling faster than they did in the past.  Currently, single family homes sales are selling on average in 55 days.

If homes are priced right in today’s market, then they sell quickly and for top market dollar!  Many analysts still fear that banks will be listing their foreclosure inventory for sale soon causing more homes on the market.  But, with the significant decrease in inventory currently on the market, these bank foreclosure listings may help sell quickly with the large amount of demand for available properties.

Know the neighborhood. Know the value. Know your hometown agents. The RE/MAX Coconut Creek Real Estate Team. If you are interested in buying or selling real estate in Coconut Creek or South Florida and are looking for experienced local Coconut Creek Realtors, please do not hesitate to contact us at 954-609-0591 or send us a message here. To stay updated with all Coconut Creek real estate information, receive our blog posts via email by subscribing here. After registering, you must
activate the subscription in a follow-up email.

15 Coconut Creek Home Sales Update For January 2012

Coconut Creek Real Estate Single Family Market Home Update For January 2012 Presented By Realtor Michael Citron

Property Address Type Of Listing Community Price Beds/Baths Pool? Water View? Square Feet
4682 St Simon Drive Bank-Owned Banyan Trails $290,000 4/3 No Yes 2,544
3931 NW 54th Court Regular Sale Winston Park $275,000 4/2.5 No No 2,323
3650 NW 71st Street Regular Sale Wildwood Estates $267,000 4/2.5 Yes Yes 2,261
5103 NW 48th Avenue Regular Sale Winston Park $250,000 4/2 No No 1,966
6361 Osprey Terrace Regular Sale Regency Lakes $235,000 4/2.5 No No 2,276
5018 Pebblebrook Terrace Bank-Owned Banyan Trails $228,900 4/3 No Yes 2,121
4880 Swans Manor Bank-Owned Regency Lakes $217,000 3/2 No No 1,608
5142 NW 43rd Avenue Bank-Owned Winston Park $215,000 3/2 No No 1,885
5417 Eagle Cay Court Short Sale Regency Lakes $185,000 3/2.5 No No 1,624
3420 NW 21st Court Short Sale Centura Parc $185,000 4/2.5 No Yes 1,923
5510 NW 49th Ave Regular Sale Winston Park $181,000 3/2 No No 1,603
2221 NW 41st Avenue Short Sale Township Estates $180,000 3/2 No No 2,064
4800 NW 19th Street Bank-Owned Buttonwood Hammocks $169,900 3/2.5 No No 1,349
2070 NW 34th Avenue Bank-Owned Centura Parc $142,500 3/2 No Yes 1,544
1951 NW 35th Avenue Short Sale Centura Parc $142,000 3/2 No No 1,439

There were 15 total single family sales for the month of January, 2011 ranging in price from $142,00 to $290,000. Last month, there were 17 total single family home sales. There were 2 less homes sold in Coconut Creek, Florida in the month of January, 2012 than in December, 2011. Among the 15 sales for the month of January, 10 were distressed sales (bank foreclosures, corporate owned, or short sales).  67% of the sales were distressed ones.

More and more distressed sales are selling, which is helping stabilize the overall Coconut Creek, Florida real estate market.  Real estate inventory is very low in the City of Coconut Creek.  As a result, I am telling clients that are thinking about selling their homes to do so now, as homes are selling for more money as motivated buyers are in the market right now!  Interest rates are also at record low levels.  We have buyers that are getting mortgage interest rates at 3.5% to 4.0%.  It is time to make a move, as you can sell for more money now and then take advantage of amazing interest rates on your next purchase.

Buyers are looking to Coconut Creek, Florida as an affordable alternative to neighboring communities such as Coral Springs and Parkland.  Coconut Creek offers excellent schools, parks and recreation, as well as many fine restaurants and shopping.  The City of Coconut Creek is also conveniently located to major highways making it easy to travel to and from work.

Coconut Creek real estate is at record low levels.  If you are currently renting, you should definitely speak with both a mortgage and real estate professional in order to know your options.  Many of our clients are paying less per month in house payments when owning their homes as opposed to renting.  Now is the time to get educated on how you can take advantage of these low interest rates that will not last very long and low housing prices.

We pride ourselves on having the only exclusive real estate website for Coconut Creek, Florida. Each month, we provide every single family real estate sale in Coconut Creek, Florida. We know the importance of knowing the current market values in the city. You can also click on the following link to see our real estate market reports from previous months: Coconut Creek Market Reports. Our website also give buyers and sellers complete access to the Multiple Listing Service (MLS) to search for available Coconut Creek and South Florida houses currently for sale, get to know each and every neighborhood, and view local city information including schools, houses of worship, and much much more!

Know the neighborhood. Know the value. Know your hometown agents. The RE/MAX Coconut Creek Real Estate Team. If you are interested in buying or selling real estate in Coconut Creek or South Florida and are looking for experienced local Coconut Creek Realtors, please do not hesitate to contact us at 954-609-0591 or send us a message here. To stay updated with all Coconut Creek real estate information, receive our blog posts via email by subscribing here. After registering, you must
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