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27 Coconut Creek Florida Single Family Homes Sold In July 2011

Coconut Creek Single Family Market Home Update For July 2011 Presented By Realtor Michael Citron

Property Address Type Of Listing Community Price Beds/Baths Square Feet
5632 NW 39th Avenue Regular Sale Coconut Ridge Estate $334,900 4/2.5 2,421
4415 Banyan Trails Drive Regular Sale Banyan Trails $290,000 5/3 2,800
4313 NW 54th Street Bank Foreclosure Winston Park $275,400 4/3 2,828
3949 NW 57th Street Regular Sale Winston Park $265,000 3/2 1,841
4212 NW 66th Street Regular Sale Winston Park $256,000 3/2 2,124
6417 Lake Tern Lane Regular Sale Regency Lakes $255,000 4/3 2,031
4266 NW 42nd Te Short Sale Coquina $250,000 4/3 3,080
4312 NW 54th Street Bank Foreclosure Winston Park $245,900 3/2 2,028
4869 NW 55th Drive Regular Sale Indigo Lakes $245,000 3/2.5 2,133
3766 Pebble Brook Court Regular Sale Banyan Trails $235,000 3/2 1,665
4420 NW 7th Street Bank Foreclosure Edgefield $235,000 4/3 2,604
5029 Heron Place Regular Sale Regency Lakes $229,000 3/2 1,662
5837 Eagle Cay Lane Regular Sale Regency Lakes $208,000 3/2.5 1,624
4400 NW 6th Court Regular Sale Coconut Creek 5th $205,000 4/2 2,738
6471 NW 41st Te Short Sale Cocobay $202,000 3/2 1,790
5601 NW 43rd Way Regular Sale Coral Pointe $201,350 3/3 1,771
6507 Flamingo Way Regular Sale Regency Lakes $200,000 3/2 1,628
5475 NW 41st Te Short Sale Winston Park $200,00 3/2 1,830
4395 NW41st Place Short Sale Coquina $190,000 3/2 1,800
2131 NW 40th Avenue Bank Foreclosure Tartan $189,900 3/2 1,600
6120 NW 44th Te Bank Foreclosure Winston Park $179,000 3/2.5 1,605
3700 NW 23rd Place Regular Sale Centura Parc $176,000 4/2.5 2,050
5090 NW 54th Street Short Sale Winston Park $170,000 2/2 1,360
6011 NW 44th Way Bank Foreclosure Winston Park $165,000 3/2.5 1,406
3962 NW 62nd Court Back Foreclosure Coco Bay $161,500 2/2 1,384
2354 NW 34th Way Regular Sale Centura Parc $152,000 3/2 1,515
2541 Calamondin Circle Regular Sale Tartan $140,000 2/2 1,594

There were 27 total single family sales for the month of July, 2011 ranging in price from $140,000 to $335,000. Last month, there were 38 total single family home sales.  There were 11 less homes sold in Coconut Creek in the month of July, 2011 than in
June, 2011.

Among the 27 sales for the month of July, 12 were distressed sales (bank foreclosures, corporate owned, or short sales).
44% of the sales were distressed ones. For the past 6 months, approximately half of all Coconut Creek single family homes sales are distressed. Inventory is low in the City of Coconut Creek.  There are not many move-in ready homes available.  As a result, buyers are sitting back on the fence waiting for the right opportunity to present itself.  I believe that the reduction in overall Coconut Creek Florida home sales is a result of the lack of regular home listings that are move-in ready.

Many first-time home buyers do not have out-of-pocket money to make repairs on bank foreclosures and do not want to wait 3-6 months or more to hear back from banks on potential short sale purchases.  Mortgage interest rates are truly at record low numbers.  There has never been a better time to purchase Coconut Creek or South Florida homes.  But, home costs will increase in the coming months, as interest rates will rise.  Also, mortgage regulations will also tighten, making now the best time to get off the real estate fence and make a home purchase.

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.

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