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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
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