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Coconut Creek Real Estate Home Market Update October 2010

Coconut Creek Real Estate Single Family Market Home Update For October 2010 Presented By Realtor Michael Citron

Property Address Type Of Listing Community Price Beds/Baths Square Feet
6500 NW 41st Terrace Regular Sale Cocobay $379,000 5/3 2,591
7121 NW 48th Way Regular Sale Secret Pond $355,000 4/3.5 2,712
4355 Banyan Trails Drive Bank Foreclosure Banyan Trails $272,500 4/2.5 2,058
4951 NW 6th St Regular Sale Lakewood East $250,000 5/3 2,131
5907 NW 49th Ln Bank Foreclosure Victoria Isles $250,000 5/3.5 1,920
6423 Mallards Way Short Sale Regency Lakes-Mallards $250,000 3/2.5 2,057
3961 Crescent Creek Pl Regular Sale Crescent Creek $249,000 3/2.5 1,812
4980 NW 44TH Ave Bank Foreclosure Winston Park $248,000 5/3.5 2,162
4819 NW 53rd CR Bank Foreclosure Indigo Lakes $235,000 4/3.5 2,493
6234 NW 45th Terrace Regular Sale Sunrise Estates $235,000 4/2.5 2,071
5001 Ibis Place Bank Foreclosure Regency Lakes-Sandpiper $230,000 3/2 1,681
3731 Pebblebrook Mnr Short Sale Banyan Trails $225,000 3/2 1,737
3700 NW 58th St Short Sale Parkwood V $220,000 3/2 1,691
5850 Eagle Cay Circle Regular Sale Regency Lakes-Eagle Cay $205,000 3/2.5 1,429
3652 Coco Lake Dr Regular Sale Coco Lakes $204,500 3/2 1,548
5245 NW 54th St Regular Sale Winston Park-Lauren Turn $188,000 3/2 1,385
4718 NW 7th Mnr Regular Sale La Margarita $173,000 3/2 1,400
4301 NW 10th St Regular Sale Edgefield $170,000 3/2.5 1,228
2011 NW 35th Terrace Short Sale Centura Parc $167,000 3/2 1,725
2242 Seagrape Cr Regular Sale Sawgrass Village $165,000 2/2 1,332
5807 NW 42nd Lane Bank Foreclosure Winston Park $153,500 3/2 2,449
5157 NW 52nd St Bank Foreclosure Winston Park $128,500 4/3 1,952

There were 22 total single family sales for the month of October, 2010 ranging in price from $128,500 to $379,000. Last month, there were 18 total single family home sales. There were 4 more Coconut Creek single family home sales in the month of October than in September, 2010.

50% of the homes that sold (11 total) were distressed sales.  Distressed homes sales are short sales or bank foreclosures.  Hopefully, as more and more distressed sales come off the market, the overall Coconut Creek real estate market will stabilize and improve.

We keep telling our Coconut Creek home buyers to get off the real estate fence!  These bargain prices will not last forever!  Plus, with interest rates at record low numbers, potential buyers and current renters should definitely consider purchasing a home.  You may be very surprised that your monthly housing payment will be less than paying rent.  Finally, you will also receive tax write offs.

Besides being very affordable, Coconut Creek also offers excellent schools, parks, and recreational activities for the entire family. Click here to learn more about each Coconut Creek neighborhood and to search available home listings

We know the numbers, we analyze the market, our clients make better decisions. 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 or send us a message here.

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