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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.

Just Listed Cocobay Home At 3769 NW 62ND CT, Coconut Creek, FL 33073

Citron Real Estate Group Just Listed 3769 NW 62nd CT, Coconut Creek, FL 33073

Our team just listed a clean and move-in ready 3 Bedrooms, 2.5 Bathrooms 2-Story Lakefront Home in Cocobay.

coconut-creek-fl-real-estateNeighborhood: Cocobay
Asking Price:  $245,000
Bedrooms:  3
Bathrooms:  2.5
Square Feet:  2,127 Under A/C
2-Car Garage
Year Built:  1999
Homeowner Dues: $146 Per Month
Click Here For More Pictures & Details On This Lovely Home

coconut-creek-florida-real-estate-homeProperty Description:
Not A Short Sale Or Foreclosure! Stunning 3 Beds, 2.5 Bath Lakefront Home In Gated Cocobay Community. Home Features Include Hurricane Shutters, Pavered Driveway, Fenced Backyard, Stunning Large Lakefront Views, Tile Throughout Main Living Area, Plenty Of Kitchen Counterspace, Convenient Bar Area In The Dining Room Perfect For Entertaining,

coconut-creek-fl-homesSpacious Master Bed, Master Bath Features Separate Tub & Shower & Dual Sinks, Great Schools, Community Swimming Pool, Close To Major Highways & Parks & Recreation.

Click Here For More Pictures & Details On This Lovely Home

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.

27 Coconut Creek Single Family Homes Sold In April 2011

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

Property Address Type Of Listing Community Price Beds/Baths Square Feet
4211 NW 64th Drive Regular Sale Winston Park – Sunrise Estates $287,900 4/3 2,034
4094 NW 59th Street Regular Sale Winston Park $282,000 4/2.5 2,051
5721 NW 40th Terrace Regular Sale Winston Park $277,500 5/3 2,370
4105 NW 59th Street Regular Sale Winston Park $265,000 4/2 2,087
5363 NW 53rd Street Regular Sale Winston Park – Laurens Turn $262,000 4/2.5 1,938
3804 Woodfield Drive Regular Sale Banyan Trails $244,000 3/2 1,796
4842 NW 54th Avenue Corp. Owned Indigo Lakes $242,000 4/2.5 2,152
5482 NW 49th Court Corp. Owned Indigo Lakes $238,000 4/2.5 2,026
5440 NW 50th Court Corp. Owned Indigo Lakes $236,000 4/2.5 2,059
6203 Osprey Terrace Bank Foreclosure Regency Lakes $234,900 4/2.5 2,075
2101 NW 49th Avenue Bank Foreclosure Lyons West $232,500 3/2 1,804
3754 Woodfield Drive Bank Foreclosure Banyan Trails $230,000 3/2 1,796
5872 NW 41st Lane Short Sale Winston Park $230,000 4/2 2,051
5520 Lake Tern Court Regular Sale Regency Lakes / Cambridge $225,000 3/2 1,796
5188 NW 51st Court Short Sale Winston Park $220,000 4/3 1,952
5445 NW 49th Court Bank Foreclosure Indigo Lakes $215,000 4/2.5 1,646
320 Lake Drive Regular Sale Coconut Creek $210,000 3/2 1,853
1901 NW 38th Terrace Regular Sale Centura Parc $210,000 4/2.5 1,921
7149 Crescent Creek WY Short Sale Crescent Creek $189,000 3/2 1,812
4440 NW 8th Street Bank Foreclosure Edgefield $168,000 3/2.5 1,651
2250 NW 33rd Terrace Regular Sale Centura Parc $167,500 3/2 1,544
1921 NW 49th Avenue Short Sale Buttonwood Hammocks $163,000 3/2 1,680
4801 NW 20th Place Short Sale Buttonwood Hammocks $155,000 3/2 1,394
4851 NW 15th Street Bank Foreclosure Hammock Estates $149,900 4/2 1,779
3753 NW 59th Street Short Sale Parkwood $140,000 3/2 1,691
4767 NW 7th Manor Bank Foreclosure Coconut Palm $140,000 2/2 1,328
2238 Seagrape Circle Regular Sale Sawgrass Village II $120,000 2/2 1,610

There were 27 total single family sales for the month of May, 2011 ranging in price from $120,000 to $287,900. Last month, there were 29 total single family home sales. There were 2 less Coconut Creek single family homes sold in the month of May, 2011 than in April, 2011.

Among the 27 sales for the month of March, 16 were distressed sales (bank foreclosures, corporate owned, or short sales). 59% of the sales were distressed ones.  For the past few months, over half of the overall single family homes sold were distress sales.  You probably are thinking that this news is very bad for the Coconut Creek real estate market.  On a positive note, as more and more short sales and bank foreclosure inventory is sold and taken off the market, the overall market will stabilize.

Among the 27 single family homes sale in Coconut Creek, 7 were in Winston Park.  Winston Park is a very popular community with access to a great school district and parks and recreational activities for the entire family to enjoy.  For more information and to search for available Winston Park homes, please click: Winston Park Real Estate. Another neighborhood that saw 4 homes sales in the month of May, 2011 was in Indigo Lakes which gate and has spacious 3-5 bedroom floor plans with many of the homes having swimming pools.  Indigo Lakes also has a community pool for residents to enjoy and is located in close proximity to the Promenade At Coconut Creek.

Summer is here, and if you are thinking about making a move, NOW is the time.  Just a few reasons to purchase a Coconut Creek home:

  1. Mortgage interest rates are as low as 4.5%, but will increase in the coming months.
  2. Record low home prices.
  3. Family can get better acquainted with the City Of Coconut Creek before the school year.
  4. Mortgage loan restrictions will tighten in the near future monthly housing payments to rise considerably.
  5. It’s still a buyer’s market, and sellers are willing to negotiate on their asking prices and even help with buyers’ closing costs.

These are just 5 reasons why now you should get off the real estate fence and
purchase a home.  Coconut Creek is a great alternative to neighboring cities such as Coral Springs or Parkland, Florida, as you will get more bang for your buck and not have to compromise.  You can be assured that you will be living in a safe neighborhood with excellent schools and community activities.

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.

Just Listed 3700 NW 23RD PL, Coconut Creek, Fl 33066

Just Listed Coconut Creek Centura Parc 4 Beds / 2.5 Baths Home 3700 NW 23rd St, Coconut Creek, Fl 33066

coconut-creek-florida-centura-parcNeighborhood: Centura Parc
Asking Price:  $184,900
Bedrooms:  4
Bathrooms:  2.5
Square Feet:  2,050 Under A/C
2-Car Garage
Year Built:  1996
Homeowner Dues: $165 Per Month
Click Here For More Pictures & Details On This Lovely Home

coconut-creek-fl-home-in-centura-parcProperty Description:
Not A Short Sale Or Foreclosure & Best Deal On The Market! Beautiful & Clean 2 Story Lakefront Home, 4 Full Beds, 2.5 Baths With Vaulted Ceilings, Perfect For A Large Family, Spacious Beds, Walk-In Closet, Separate Laundry Room On The 2nd Floor, Double Entry Doors To Master Bed, Large Master Bath With Dual Sinks.

coconut-creek-florida-real-estate-centura-parcGreat Man-Gated Community With Many Amenities Including Olympic Size Swimming Pool & Spa, Fitness Center, Billiard Room, Tennis Courts, Boat Storage & More.  Close To Turnpike & Downtown Coconut Creek.  This Home Is A Great Buy & Won’t Last Long On The Market.  For More Information, Please Contact Listing Agent Michael Citron With RE/MAX ParkCreek At: 954-609-0591 For Complete Details & To Schedule A Private Showing Before This Home Is Sold!

Click Here For More Pictures & Details On This Lovely Home

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 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.

29 Coconut Creek Single Family Homes Sold In April 2011

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

Property Address Type Of Listing Community Price Beds/Baths Square Feet
5011 Pebblebrook TE Short Sale Banyan Trails $285,000 4/3 1,950
4451 NW 64th ST Regular Sale Winston Park $270,000 4/2.5 2,267
5527 Lake Tern CT Bank Foreclosure Regency Lakes $242,900 4/2.5 2,096
5836 NW 42nd LN Regular Sale Winston Park $242,000 3/2 1,824
5132 NW 51st TE Regular Sale Winston Park $240,000 4/2 1,876
4240 Banyan Trails DR Short Sale Banyan Trails $240,000 4/2.5 1,666
3832 NW 59th ST Regular Sale Parkwood V $239,900 3/2 1,857
5009 Pebblebrook WY Bank Foreclosure Banyan Trails $237,000 4/3 1,950
3950 NW 4th CT Regular Sale Coconut Creek $232,000 3/2 1,934
5842 Eagle Cay CR Regular Sale Regency Lakes $230,000 3/2.5 1,524
5630 NW 42nd WY Regular Sale Winston Park $230,000 3/3 1,871
3663 NW 63rd CT Regular Sale Cocobay $214,000 4/3 1,620
941 NW 42nd AVE Short Sale Coconut Creek 11th $210,000 4/2 1,729
5343 NW 53rd ST Bank Foreclosure Winston Park – Laurens Turn $206,000 4/2 1,938
4992 Pelican ST Regular Sale Regency Lakes $203,000 3/2 1,515
4031 NW 4th CT Regular Sale Coconut Creek $200,000 4/2 1,797
280 NW 42nd AVE Regular Sale Coconut Creek $200,000 4/2 1,797
7520 NW 47th AVE Bank Foreclosure Tall Trees  – Lyons Gate $195,000 3/2 1,831
5514 NW 41st TE Bank Foreclosure Winston Park $192,000 3/2 1,378
3351 NW 22nd CT Regular Sale Centura Parc $185,000 3/2 2,268
3680 NW 58th ST Short Sale Parkwood V $180,000 3/2 2,003
820 NW 49th AVE Bank Foreclosure Lakewood East $165,000 3/2 2,013
2361 NW 34th RD Regular Sale Centura Parc $164,900 3/2 1,534
6027 NW 45th TE Bank Foreclosure Winston Park – Sorbet $162,000 3/2 1,455
4717 NW 6th PL Short Sale Coco Palms $160,000 3/2.5 1,579
5825 Eagle Cay LN Bank Foreclosure Regency Lakes $152,000 3/2 1,469
4541 NW 60th LN Bank Foreclosure Winston Park – Sorbet $143,000 3/2.5 $1,478
3791 NW 23rd PL Short Sale Centura Parc $$139,500 3/2 1,373
3321 NW 22nd PL Bank Foreclosure Centura Parc $134,000 2/2 1,525

There were 29 total single family sales for the month of April, 2011 ranging in price from $134,000 to $285,000. Last month, there were 27 total single family home sales. There were 2 more Coconut Creek single family homes sold in the month of April, 2011 than in March, 2011.

Among the 29 sales for the month of March, 16 were distressed sales (bank foreclosures, corporate owned, or short sales).  55% of the sales were distressed ones.  Prices have come down in the City of Coconut Creek, Florida.  There has also been an increase in distressed real estate sales within the city.  Good news is that as more and more buyers purchase these distressed properties, the overall Coconut Creek real estate market will stabilize and improve in the next year or so.

Buyers are taking advantage of the good schools, parks and recreation, as well as the close proximity to major highways.  Coconut Creek, Florida has become an affordable alternative to surrounding cities like Coral Springs and Parkland.  There are great deals in such highly desirable communities such as Regency Lakes, Winston Park, & Banyan Trails.  You may be able to afford your dream home!  With interest rates under 5% and record low prices for Coconut Creek homes, NOW is the time to speak with a local Realtor and Mortgage Broker in order to weigh your purchasing options.

Again, we are one of just a few local real estate companies that publicizes the monthly Coconut Creek single family real estate sales on our website.  Every month, you will have the ability to see all of the sales.  You can also click on the following link to see the 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 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.

US Government Could Ruin The Coconut Creek And Overall Real Estate Rebound

home-ownership-florida-american-dream-real-estateThe United States Government is trying to impose new standards that would significantly increase the amount of down payments for a government-backed loan.  The Center for Responsible Lending (CRL), along with the Mortgage Bankers Association and the National Association of Realtors (NAR) released a joint statement opposing this new government proposal, “In the midst of a very fragile housing recovery, the government is throwing a devastating, unnecessary and very expensive wrench into the American dream. First-time homebuyers will have to choose between higher rates today or a 9-14 year delay while they save up the necessary down payment. And 25 million current homeowners would be locked out of lower refinancing rates because they lack the required 25 percent equity in their homes.”

These high down payment and equity requirements will have a negative impact on Coconut Creek, Florida and overall national real estate market recovery.  It will rob the American Dream of home ownership to millions of families.  If our government gets its way, it will penalize responsible consumers!  How does that make sense?

We urge the regulators to institute better lending and borrowing practices without causing harm to “credit-worthy consumers.”  The government and banking institutions must continue to be a part of the process for the recovery of the real estate market and not be the wrecking ball!  We wrote a great article on our sister website, ParklandParrot.com entitled, Hooray For Parkland and Broward Real Estate Home Sale Increases announcing that Broward County real estate sales have continually increased in the past few months, and that overall available inventory is coming down.  As a result, the local real estate market is showing signs of life!  Why would the government now want to ruin this rebound?

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 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.

27 Coconut Creek Single Family Homes Sold In March 2011

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

Property Address Type Of Listing Community Price Beds/Baths Square Feet
5340 NW 49th Street Regular Sale Indigo Lakes $343,000 4/3 2,397
601 N.W. 42nd Avenue Regular Sale Coconut Creek 11th $320,000 4/3 3,160
4871 Swans Manor Regular Sale Regency Lakes $310,000 3/2 2,071
4902 Cypress Way Bank Foreclosure Cypress Estates $290,000 4/2.5 1,902
4931 Cypress Way Short Sale Cypress Estates $283,000 4/3 1,869
6203 N.W. 45th Avenue Regular Sale Winston Park – Sunrise Estates $257,000 4/2.5 2,197
4824 N.W. 50th Court Regular Sale Winston Park – Breckenbridge $255,000 4/2 1,964
4700 Long Key Lane Regular Sale Banyan Trails $255,000 3/2 1,779
3789 Woodfield Drive Regular Sale Banyan Trails $240,000 3/2 1,796
4222 N.W. 66th Street Short Sale Winston Park $230,000 3/2 2,124
3817 N.W. 62nd Street Regular Sale Cocobay $225,000 3/2.5 1,804
5426 N.W. 50th Court Regular Sale Indigo Lakes $223,000 3/2 1,295
4998 Pelican Manor Regular Sale Regency Lakes $218,000 3/2.5 1,896
5673 N.W. 39th Avenue Bank Foreclosure Winston Park $215,000 4/3 2,470
5362 N.W. 55th Terrace Bank Foreclosure Winston Park – Laurens Turn $205,000 3/2 1,730
4972 Egret Court Bank Foreclosure Regency Lakes $190,000 4/2 1,515
3920 N.W. 58th Street Bank Foreclosure Parkwood V $185,500 3/2 1,751
4250 N.W. 55th Drive Regular Sale Winston Park $185,000 3/2 1,369
2121 N.W. 49th Avenue Short Sale Buttonwood Hammocks $178,000 3/2.5 1,680
4962 Egret Court Short Sale Regency Lakes $175,000 3/2 1,515
1410 N.W. 47th Avenue Bank Foreclosure Lyons West $167,000 3/2 1,667
3370 N.W. 22nd Place Regular Sale Centura Parc $165,000 3/2 1,544
6061 N.W. 44th Lane Bank Foreclosure Winston Park $165,000 3/2 1,555
2041 N.W. 38th Avenue Bank Foreclosure Centura Parc $115,000 3/2 1,544
2385 N.W. 34th Way Bank Foreclosure Centura Parc $114,900 3/2 1,376
4368 Acacia Drive Regular Sale Sawgrass Village $112,000 2/2 1,483
3871 N.W. 67th Street Regular Sale KS Park $101,000 2/2 1,248

There were 27 total single family sales for the month of March, 2011 ranging in price from $150,000 to $322,000. Last month, there were 20 total single family home sales. There were 7 more Coconut Creek single family homes sold in the month of March, 2011 than in February, 2011.

Among the 27 sales for the month of March, 13 were distressed sales (bank foreclosures, corporate owned, or short sales). 48% of the sales were distressed ones.

There was an increase of 26% in sales volume from the last month.  More and more buyers are purchasing homes in Coconut Creek, Florida because of the excellent schools, parks and recreation, and much more.   Buyers can get more bang for their bucks in Coconut Creek than neighboring communities like Coral Springs and Parkland.

We are also pleased to announce that we had two more sales in Coconut Creek for the month of March, as we represented two sellers (see bold properties on chart above).  If you are thinking about selling your home and are curious as to what your home is worth, please feel free to contact us at: 954-609-0591.  Our goal is to continue to provide the number one Coconut Creek real estate website.  Each month, you will be able to come to RealEstateInCoconutCreek.com and search available properties, see what neighborhoods are selling each month, and find city information including schools, houses of worship, and much much more!

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 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 Real Estate Team Sells 3 More Homes

Coconut Creek Realtors Sell 3 More Winston Park Homes

Our real estate team is proud to announce the successful sale of three of our Winston Park home listings in Coconut Creek, Florida.  We sold all three of the homes in record time and for top market values.  We even were successful in having both the buyer and seller on on our sold listings in Winston Park’s Breckenbridge community.

Community: Winston Park – Breckenbridge
4917 N.W. 49th Court, Coconut Creek, FL 33073
Sold Price: $261,000
Beds: 4      Baths: 2
Pool
1,966 Square Feet

coconut-creek-florida-home-breckenbridge
coconut-creek-real-estate-home-sold


Community: Winston Park – Breckenbridge

4824 N.W. 50th Court, Coconut Creek, FL 33073
Sold Price: $255,000
Beds: 4      Baths: 2
Pool
1,964 Square Feet
winston-park-breckenbridge-home-sold
coconut-creek-florida-real-estate-home
Community: Winston Park – Willow Bend
5511 N.W. 40th Terrace, Coconut Creek, FL 33073
Sold Price: $214,000
Beds: 3      Baths: 2
1,645 Square Feet
coconut-creek-real-estate-home

coconut-creek-florida-home-sold
If you are thinking about selling your Coconut Creek or South Florida home, now is the perfect time.  Summer is fast approaching, and families want to move before the next school year.  We have a customized marketing plan for each home.  As a result, our sellers are able to sell their homes for the highest possible price in the fastest amount of time.  Ask you neighbors!  Our team is number one in the area and will make you feel comfortable selling with confidence.

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 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.

Just Listed 3750 NW 58TH ST, Coconut Creek, Fl 33073

Just Listed Coconut Creek Parkwood 3 Beds / 2 Baths Home 3750 NW 58TH ST, Coconut Creek, Fl 33073

coconut-creek-fl-home-for-sale
Neighborhood: Parkwood X
Asking Price:  $217,900
Bedrooms:  3
Bathrooms:  2
Square Feet:  1,750 Under A/C
2-Car Garage
Year Built:  1991
Homeowner Dues: $75 Per Quarter
Click Here For More Pictures & Details On This Lovely Home

coconut-creek-real-estate-for-sale


Property Description:

Not A Short Sale Or Foreclosure! Beautiful 3 Beds 2 Baths Home With Many Features Including Newer Kitchen With Granite Counter Tops With Granite Backsplash, Wood Cabinets, Newer Appliances, Large Updated Master Bath With Dual Sinks & Shower, Updated Tile In The Master Bathroom, Large Covered Screened In Patio, Large Built-In Jacuzzi Spa, Fenced Backyard, New Energy Saving Tankless Water Heater, Newer Roof Replaced In 2005, Newer A/C Unit.

coconut-creek-parkwood-x-home
Open Floor Plan, Split Bedrooms, Separate Laundry Room With Sink, Vaulted Ceilings, Low Homeowner Fees, This Home Is Located In A Safe, Family Neighborhood Within Walking Distance To Excellent Schools. The Home Is Also Conveniently Located To Downtown Coconut Creek and Major Highways For Easy Access To And From Work. This Home Is Move In Ready & Has Many Upgrades & Features You Are Going To Just Love! For more information on this listing, please call us at: 954-609-0591.

Click Here For More Pictures & Details On This Lovely Home

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 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.

20 Coconut Creek Single Family Home Sales In February 2011

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

Property Address Type Of Listing Community Price Beds/Baths Square Feet
5029 Pinecreek Place Short Sale Pine Creek Estates 322,000 5/4.5 3,066
4722 St Simon Drive Bank Foreclosure Banyan Trails $282,500 4/2.5 1,656
5013 Mallards Place Short Sale Regency Lakes – Mallards $270,000 4/3 2,722
6223 NW 45th Avenue Regular Sale Winston Park – Sunrise Estates $262,000 4/3 2,120
4917 NW 49th Court Regular Sale Winston Park – Breckenbridge $261,000 4/2 1,966
3710 NW 71st Street Short Sale Wildwood Estates $245,000 4/2.5 2,261
5343 NW 48th Street Corporate Owned Indigo Lakes $242,000 4/2.5 1,922
5807 NW 42nd Lane Regular Sale Winston Park $240,000 3/2 2,000
4005 NW 59th Street Short Sale Winston Park $228,000 3/2 1,987
3909 Crescent Creek Dr Regular Sale Crescent Creek $225,000 4/2.5 1,826
5168 NW 49th Avenue Bank Foreclosure Winston Park $225,000 4/3 1,837
5511 NW 40th Terrace Regular Sale Winston Park – Willow Bend $214,000 3/2 1,645
4786 NW 14th Street Regular Sale Lyons West-Hammock Estates $201,000 3/2 1,919
2348 NW 34th Way Regular Sale Centura Parc $189,900 4/2.5 2,246
7321 NW 44th Lane Bank Foreclosure Sable Pines $188,000 4/2 1,994
940 NW 49th Avenue Corporate Owned Lakewood East $185,000 3/2 1,602
4713 NW 7th Manor Short Sale Coco Palms $180,000 3/2 1,652
2372 NW 34th Terrace Regular Sale Centura Parc $174,000 4/2.5 1,841
6060 NW 44th Lane Bank Foreclosure Winston Park $169,100 3/2 1,453
4951 Calamondin Circle Short Sale Tamarind Village $150,000 3/2 1,716

There were 20 total single family sales for the month of February, 2011 ranging in price from $150,000 to $322,000. Last month, there were  14 total single family home sales. There were 6 more Coconut Creek single family homes sold in the month of February, 2011 than in January, 2011.

Among the 20 sales for the month of February, 12 were distressed sales (bank foreclosures, corporate owned, or short sales).  60% of the sales were distressed ones.

There are many opportunities for potential buyers to get great prices on home in Coconut Creek, Florida.  Also, mortgage rates are still at record low rates.  But, it is time to get off the real estate fence and purchase, as interest rates are expected to climb to over 6 percent in the coming months.

Coconut Creek is one of the best bang for your buck areas in West Broward County with excellent schools, parks, and recreational activities.  The Butterfly Capital of the World is also a great place to raise a family!

We are also pleased to announce that we had the most sales in Coconut Creek for the month of February, as we represented two sellers (see bold properties on chart above).  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 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 Florida Real Estate Market Update January 2011

Coconut Creek Real Estate Single Family Market Home Update For January 2011 Presented By Realtor Michael Citron

Property Address Type Of Listing Community Price Beds/Baths Square Feet
4150 Vinkemulder Road Bank Foreclosure Palm Beach Farms $585,000 5/5.5 3,651
5154 NW 74th Place Regular Sale Country Woods $378,000 5/3 2,659
4475 Banyan Trails Drive Short Sale Banyan Trails $255,000 4/3 2,396
4928 Cypress Lane Short Sale Hilton Estates $248,000 5/3 2,234
5151 NW 43rd Avenue Short Sale Winston Park $215,000 4/2 1,865
5286 NW 51st Court Bank Foreclosure Winston Park $210,000 3/3 2,536
3642 Coco Lake Drive Bank Foreclosure Coco Lakes $196,000 3/2 1,411
4432 NW 43rd Street Bank Foreclosure Coquina $194,000 3/2 1,800
5511 NW 49th Way Bank Foreclosure Winston Park $187,000 4/2.5 2,160
4289 Acacia Drive Regular Sale Sawgrass Village $170,000 2/2 1,475
5431 NW 49th Court Short Sale Winston Park $170,000 3/2 1,573
4766 NW 7th Manor Bank Foreclosure La Margarita $168,900 3/2.5 1,579
3371 NW 22nd Street Short Sale Centura Parc $160,000 3/2 1,727
3783 NW 59th Street Bank Foreclosure Parkwood $155,300 3/2 1,766

There were 14 total single family sales for the month of January, 2011 ranging in price from $155,300 to $585,000. Last month, there were  21 total single family home sales. There were 7 less Coconut Creek single family homes sold in the month of January, 2011 than in December, 2010.

Among the 14 sales for the month of January, 12 were distressed sales (bank foreclosures, corporate owned, or short sales).  86% of the sales were distressed ones.  This is certainly a shocking number.  But, truth be told that the more distressed sales that get bought by purchasers and come off the market as quickly as possible is a good thing.

But, current homeowners that are thinking about selling their homes or worried about current market values should take notice. There was also a drop in overall sales from the end of 2010 to January 2011.  But, many buyers look to close before the end of the calendar year for tax and homestead benefits.  As a result, sales should increase in the coming months.

With prices at such record low levels, many on-the-fence buyers should jump into the real estate mix and purchase a property.  Interest rates are still at record low numbers, but will continue to steadily climb in the coming months.  It could be the best time to pull the trigger on a home purchase.

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 954-609-0591 or send us a message here.

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