The Ultimate Coconut Creek Real Estate Resource
“Michael, Have We Missed The Bottom?”
In the last month, my team and I have spoken with many potential Coconut Creek and South Florida home buyers that are very interested in buying homes. Many have asked our real estate team if they missed the “bottom of the market.” Even though we express to our clients that the real estate market has turned around and the bottom has passed us, it is still a great time to purchase real estate.
You certainly can never tell when the “bottom” is truly upon us. As a result, when purchasing a home in a decreasing real estate market, you never know how far values will fall. Also, if you purchase a home just after the bottom while home values are increasing, then you can be assured that your house investment will not decrease in values in the coming months and years.
My team and I also like to remind my buyers that as a long term investment real estate is still the clear winner. Check out the chart below from MSNMoney.com which compares the investment on real estate to DOW, S&P, NASDAQ, over the past 13 years. After looking at the chart below, this should strongly persuade all potential buyers to get off the real estate fence and purchase homes as great returns on their investments.
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.
25 Coconut Creek Home Sales Update For February 2012
Coconut Creek Real Estate Single Family Market Home Update For March 2012 Presented By Realtor Michael Citron
| Property Address | Type Of Listing | Community | Price | Beds/Baths | Pool? | Water View? | Square Feet |
| 4581 Little Palm Lane | Short Sale | Banyan Trails | $265,000 | 4/2.5 | Yes | No | 2,268 |
| 5692 NW 41st Avenue | Regular Sale | Winston Park | $261,900 | 4/2 | Yes | No | 1,759 |
| 3820 Woodfield Drive | Regular Sale | Banyan Trails | $258,000 | 3/2 | Yes | Yes | 1,736 |
| 4765 NW 76th Street | Regular Sale | Tall Trees | $230,000 | 3/2 | No | No | 2,163 |
| 4310 NW 51st Street | Short Sale | Winston Park | $230,000 | 4/3 | No | No | 2,063 |
| 7363 NW 45th Avenue | Regular Sale | Lyons Gate | $230,000 | 4/2 | Yes | No | 2,401 |
| 3901 NW 4th Court | Regular Sale | South Creek | $230,000 | 3/2 | Yes | No | 1,603 |
| 3783 NW 59th Street | Regular Sale | Parkwood V | $226,000 | 3/2 | Yes | No | 1,766 |
| 4819 NW 55th Drive | Short Sale | Indigo Lakes | $222,500 | 4/2.5 | Yes | Yes | 2,097 |
| 4487 NW 45th Terrace | Regular Sale | Coquina | $220,000 | 3/2 | Yes | No | 1,639 |
| 5410 NW 41st Way | Regular Sale | Coral Pointe At Winston Park | $220,000 | 4/2.5 | No | Yes | 1,831 |
| 611 Palmetto Drive | Regular Sale | Coconut Creek 11th | $219,000 | 3/2 | Yes | No | 1,772 |
| 3993 Crescent Creek Drive | Regular Sale | Crescent Creek | $215,000 | 3/2.5 | No | No | 2,105 |
| 311 Lake Drive | Bank Foreclosure | Coconut Creek 10th | $202,000 | 3/2 | Yes | No | 1,092 |
| 4926 Egret Place | Short Sale | Regency Lakes – Fairmont | $195,000 | 3/2 | Yes | No | 1,548 |
| 4014 Crescent Creek Drive | Short Sale | Crescent Creek | $187,000 | 4/2 | No | No | 1,858 |
| 500 NW 43rd Avenue | Bank Foreclosure | Coconut Creek 5th | $185,000 | 3/2 | Yes | Yes | 1,660 |
| 2301 NW 39th Terrace | Regular Sale | Centura Parc | $177,500 | 3/2.5 | No | Yes | 1,662 |
| 4039 Crescent Creek CREEK CT | Short Sale | Crescent Creek | $175,000 | 3/2 | No | No | 1,245 |
| 4021 NW 23rd Court | Regular Sale | Township Estates | $168,000 | 3/2 | No | No | 1,633 |
| 4000 NW 23rd Court | Short Sale | Township Estates | $158,500 | 3/2 | Yes | No | 1,722 |
| 5532 NW 53rd Circle | Short Sale | Winston Park | $145,000 | 3/2 | No | No | 1,705 |
| 700 NW 49th Avenue | Bank Foreclosure | Lakewood East | $135,000 | 4/3 | Yes | No | 1,697 |
| 1000 NW 43rd Avenue | Regular Sale | Edgefield | $120,000 | 2/2 | No | Yes | 1,762 |
| 5251 NW 77th Court | Short Sale | Hillsboro Pines | $119,000 | 3/2 | No | Yes | 2,454 |
There were 21 total single family sales for the month of March, 2011 ranging in price from $119,00 to $265,000. Last month, there were 21 total single family home sales. There were 4 more homes sold in Coconut Creek, Florida in the month of March, 2012 than in February, 2012. Among the 25 sales for the month of February, 12 were distressed sales (bank foreclosures, corporate owned, or short sales). 48% of the sales were distressed ones.
There has been a very consistent amount of distress sales selling in the City of Coconut Creek this year. Over half of all single family sales have been either foreclosures or short sales. As more and more distressed sales come on and quickly off the market, the overall real estate market in Coconut Creek, Florida will stabilize.
We are still seeing record low inventory for available single family home listings in Coconut Creek. Currently, there are only 75 total homes available for sale (25 available distressed sales).
Click Here To Search For All Active Coconut Creek Single Family Homes
Coconut Creek is an affordable alternative to neighboring cities like Parkland and Coral Springs, as the school district in Northern Coconut Creek are exceptional. If you are thinking about making a move, now is the time, as interest rates are at record low levels along with now affordable asking 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
activate the subscription in a follow-up email.
17 Coconut Creek Home Sales Update For December 2011
17 Coconut Creek Home Sales Update For December 2011 Presented By Realtor Michael Citron
| Property Address | Type Of Listing | Community | Price | Beds/Baths | Square Feet |
| 4633 Saxon Road | Regular Sale | Rain Forest Estates | $680,000 | 5/4.2 | 4,534 |
| 5622 NW 39th Ave | Regular Sale | Winston Park | $275,000 | 4/3 | 2,259 |
| 4490 NW 45th Ter | Regular Sale | Coquina | $230,000 | 3/2 | 2,050 |
| 4102 Oxbow Drive | Regular Sale | Banyan Trails | $229,000 | 3/2 | 1,756 |
| 4280 NW 74th St | Short Sale | Palm Beach Farms | $218,000 | 3/2 | 1,584 |
| 4545 NW 50th Ct | Regular Sale | Winston Park | $217,000 | 3/2 | 2,087 |
| 3816 NW 62nd Ct | Regular Sale | Cocobay | $185,000 | 3/2.5 | 2,065 |
| 2361 NW 34th Ave | Short Sale | Centura Parc | $180,000 | 3/2.5 | 1,997 |
| 4321 NW 3rd Street | Regular Sale | Coconut Creek | $175,000 | 3/2 | 1,810 |
| 5343 NW 55th Ter | Short Sale | Winston Park | $165,000 | 3/2.5 | 1,664 |
| 1980 NW 35th Ter | Short Sale | Centura Parc | $164,700 | 4/2.5 | 2,223 |
| 7343 NW 45th Ave | Bank Owned | Sable Pines | $156,000 | 3/2 | 2,134 |
| 5323 Eagle Cay Way | Bank Owned | Regency Lakes | $143,000 | 3/2 | 1,698 |
| 1930 NW 34th Ave | Regular Sale | Centura Parc | $140,000 | 3/2 | 1,384 |
| 2021 NW 37th Ave | Bank Owned | Centura Parc | $140,000 | 3/2.5 | 2,327 |
| 3910 NW 11th St | Short Sale | Coconut Creek | $135,000 | 3/2 | 1,383 |
| 6896 Julia Gardens Dr | Bank Owned | Julia Gardens | $91,000 | 3/2.5 | 1,720 |
There were 17 total single family sales for the month of December, 2011 ranging in price from $91,000 to $680,000. Last month, there were 23 total single family home sales. There were 6 less homes sold in Coconut Creek in the month of December, 2011 than in Nomber, 2011.
Among the 17 sales for the month of October, 9 were distressed sales (bank foreclosures, corporate owned, or short sales).
53% of the sales were distressed ones. Last month, there were 23 total single family homes sold in Coconut Creek, Florida in November, 2011. There were 6 fewer sales in December than in the month of November.
Real estate inventory is very low in the City of Coconut Creek. Buyers are back in the market after the holidays, as the last couple of months of 2011 are slow. As a result, we should see an increase in buyer activity in the beginning of 2012. There has been a steady pace of distressed sales over the past 6-8 months in Coconut Creek. Many buyers are finding great deals on single family homes and townhomes, as more and more banks are negotiating short sales and bank owned property listings more quickly.
Buyers are finding excellent values, as Coconut Creek is a great place to live and raise a family. It is also a great alternative to neighboring cities like Parkland and Coral Springs. The city offers excellent schools, safe neighborhoods, and great parks and recreation for the entire family to enjoy.
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
activate the subscription in a follow-up email.
The First Question Coconut Creek Sellers Should Ask Their Listing Agent
The Most Important Question To Ask Your Coconut Creek Listing Agent
If you are thinking about selling your Coconut Creek home in 2012, I am sure that you are thinking what is the most important questions to ask your potential real estate listing agent? How long has the agent been selling real estate? How large is the company that are working with? What is the marketing plan to get my home sold? Should you choose the agent who suggests the highest listing price?
There are many things to0 consider when hiring the right agent for the job of selling your Coconut Creek or South Florida home. But, the most important question that all Coconut Creek real estate sellers should ask is a very simple one:
Do you truly believe that now is a good time to buy a home?
You may be asking why this is important when hiring someone to sell your home? Isn’t that only a question that you ask when you are thinking of buying a home? Purchasing a home in today’s market is a very important decision that most buyers are nervous about and want to make sure that they are making an informed decision.
As a result, I strongly believe that home sellers should hire a listing agent that truly believes that it is the best time in American real estate history to buy a Coconut Creek or South Florida home. If your real estate agent does not believe that, how will the he/she be able to convince a potential buyer that NOW is the right time to purchase a home … your home?
A recent Gallup Poll shows that over 67% of Americans believe that now is a good time to buy a home. The Gallup Organization went on to say: “Overall, there is good reason for most Americans to think now is a good time to buy a house. Interest rates remain near historic lows. Home prices are down sharply, providing many incredible buys.”
Choosing the right listing agent is imperative in today’s real estate market. Make sure that the real estate agent that you hire truly is convinced that buying a home is a very good idea! As a result, he/she will work diligently in order to find the right buyer for your home. Again, don’t forget to ask this number one question to potential listing agents.
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.
Rental 4 Bedroom 3 Bathroom Home in Coconut Creek on Canal
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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
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
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.
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.
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.
Our New Coconut Creek Winston Park 4 Bed Pool Home Listing
4824 NW 50TH CT, Coconut Creek, FL 33073
Not A Short Sale Or Foreclosure! Lovely 4 Beds / 2 Baths Pool Home On A Great Corner Lot In The Heart Of Winston Park! Newer Roof, Newer A/C Unit & Water Heater, Accordion Hurricane Shutters, Great Fenced Backyard Perfect For Entertaining With A Screened-In Patio And A Retractable Awning, New Remarcited Pool.
Wood Laminate Floors Throughout The House, Vaulted Ceilings, Large Walk-In Closets, New Master Bathroom Vanity & Sinks. Built-In Bar Off Of Dining Room, Great Schools, Clean Home Ready To Move In.
This home is located in desirable Coconut Creek Winston Park community with great schools within walking distance from the home along with many parks and recreational activities for the entire family to enjoy.
Other Features:
- Asking Price: $275,000
- Not A Short Sale Or Foreclosure
- 4 Full Bedrooms, 2 Full Bathrooms
- 1,964 Sq. Ft. Under Living Area, 2,354 Total Sq. Ft.
- Spacious Fenced-In Backyard
- Accordion Hurricane Shutters
- Screened-In Patio
- Oversized Corner Lot Just Under 10,000 Square Feet
- Pergo Floors Throughout Living Area
- Newer Air Conditioner & Newer Water Heater
- Vaulted Ceilings
- Built-In Bar
- Lush Landscaping
For more information on our listing, please click: Coconut Creek Winston Park Home For Sale
We know the numbers, we analyze the market, our clients make better decisions. If you are interested in previewing this home or looking to buy or sell real estate in Coconut Creek or South Florida and are looking for experienced local Realtors, please do not hesitate to contact us at 954-609-0591 or email at or send us a message here.
Coconut Creek Real Estate Home Market Update December 2010
Coconut Creek Real Estate Single Family Market Home Update For December 2010 Presented By Realtor Michael Citron
| Property Address | Type Of Listing | Community | Price | Beds/Baths | Square Feet |
| 4200 Vinkemulder Road | Bank Foreclosure | Palm Beach Farms | $425,000 | 4/3 | 3,418 |
| 5255 NW 51st Street | Regular Sale | Indigo Lakes | $325,000 | 4/3 | 2,469 |
| 4891 Swans Manor | Regular Sale | Regency Lakes | $270,000 | 3/2 | 2,043 |
| 5413 NW 48th Street | Bank Foreclosure | Indigo Lakes | $305,000 | 4/3.5 | 2,474 |
| 4393 NW 42nd Court | Regular Sale | Coquina | $287,100 | 5/3 | 2,330 |
| 5059 Pebblebrook Way | Regular Sale | Banyan Trails | $280,000 | 5/3 | 2,371 |
| 4072 NW 63rd Street | Short Sale | Cocobay | $237,500 | 3/2.5 | 1,911 |
| 2113 NW 49th Avenue | Regular Sale | Lyons West | $252,700 | 4/2.5 | 2,284 |
| 7241 NW 43rd Avenue | Short Sale | Palm Beach Farms | $250,000 | 4/2 | 2,020 |
| 5613 NW 39th Avenue | Bank Foreclosure | Winston Park | $250,000 | 4/3 | 2,504 |
| 4293 NW 55th Place | Regular Sale | Winston Park | $210,000 | 3/3 | 1,836 |
| 5415 NW 49th Court | Regular Sale | Indigo Lakes | $225,500 | 3/2 | 1,763 |
| 7145 Crescent Creek Wy | Bank Foreclosure | Crescent Creek | $209,000 | 3/2.5 | 1,772 |
| 5401 NW 49th Court | Bank Foreclosure | Indigo Lakes | $210,000 | 4/2.5 | 2,115 |
| 4250 Banyan Trails Drive | Bank Foreclosure | Banyan Trails | $227,000 | 3/2 | 1,796 |
| 2361 NW 33rd Terrace | Corporate Owned | Centura Parc | $195,000 | 3/2.5 | 1,753 |
| 5137 Heron Place | Regular Sale | Regency Lakes | $190,000 | 3/2 | 1,681 |
| 4978 NW 49th Court | Bank Foreclosure | Winston Park | $189,000 | 4/2 | 1,966 |
| 2355 NW 34th Avenue | Short Sale | Centura Parc | $175,000 | 3/2.5 | 1,798 |
| 520 NW 47th Avenue | Bank Foreclosure | La Margarita | $171,250 | 3/2.5 | 1,424 |
| 5177 Meadow Oaks Dr | Short Sale | Banyan Trails | $171,000 | 3/2.5 | 1,431 |
There were 21 total single family sales for the month of December, 2010 ranging in price from $171,000 to $425,000. Last month, there were 18 total single family home sales. There were 3 more Coconut Creek single family home sold in the month of December than in November, 2010. Among the 21 sales for the month of December, 13 were distressed sales (bank foreclosures, corporate owned, or short sales). More and more distressed sales are coming on the market and coming off the market quickly, as more and more buyers are purchasing these homes at record low prices.
But, some of our experiences with distressed sales, especially foreclosures, is that many first-time homebuyers are interested in purchasing these properties. Unfortunately, many of these distressed homes require thousands, if not tens of thousands of dollars, to repair after closing. As a result, first-time homebuyers may not have the cash to make these necessary repairs post closing.
Knowing if purchasing a short sale or foreclosure in Coconut Creek or anywhere in South Florida should be considered on a case-by-case basis. ALL buyers should align themselves with Realtors that specializes in helping them know all of their options in order to make informed decisions.
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.
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.
Related Post:
How To Choose The Right Coconut Creek Real Estate Agent?
