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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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