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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.

35 Coconut Creek Home Sales Update For December 2012

Coconut Creek Real Estate Single Family Market Home Update For December 2012 Presented By Realtor Michael Citron

Property Address Type Of Listing Community Price Beds/Baths Pool? Water View? Square Feet
7555 NW 39th Avenue Short Sale Estates at Coconut Creek $1,750,000 9/9 Yes No 10,777
7400 NW 49th Lane Regular Sale Hillsboro Pines $730,000 4/3 No Yes 5,548
7125 NW 47th Way Regular Sale Hidden Lake $345,000 4/3 No Yes 2,352
4902 Cypress Way Regular Sale Cypress Estates $335,000 4/2 Yes No 1,902
5610 NW 38th Terrace Short Sale Winston Park $334,000 4/3 Yes Yes 2,596
6211 Swans Terrace Regular Sale Regency Lakes $320,000 3/2 Yes Yes 2,205
4869 NW 53rd Circle Bank Foreclosure Indigo Lakes $314,900 3/3.5 No No 2,849
4066 Oxbow Drive Regular Sale Banyan Trails $305,000 4/3 No No 1,950
4867 NW 72nd Place Short Sale Secret Pond $300,000 4/2 No No 2,712
4981 Swans Lane Regular Sale Regency Lakes $279,950 3/2 Yes No 1,690
5005 Ibis Place Regular Sale Regency Lakes $260,000 4/2 No Yes 2,211
5053 Pebblebrook Way Regular Sale Banyan Trail $254,000 3/2 No Yes 1,821
7510 NW 47th Way Regular Sale Estates of Lyons Gate $253,500 4/2 No No 1,847
4510 Banyan Trails Drive Short Sale Banyan Square $247,000 4/2 Yes Yes 2,274
6112 NW 45th Avenue Short Sale Winston Park $240,000 3/2 No Yes 1,848
5541 NW 50th Avenue Regular Sale Winston Park $228,500 4/2 No No 1,996
6332 NW 42nd Terrace Short Sale Winston Park $220,000 4/2 Yes No 1,993
3743 NW 63rd Court Short Sale Cocobay $220,000 4/2.5 No No 1,793
4452 NW 43rd Street Short Sale Coquina Lakes $215,000 3/2 Yes No 1,643
5466 NW 56th Drive Short Sale Winston Park $208,000 4/2 No No 1,938
4430 NW 8th Street Regular Sale South Creek $207,000 3/2 Yes No 1,567
5126 Heron Court Short Sale Regency Lakes $202,000 3/2 No Yes 1,810
1443 NW 48th Terrace Short Sale Lyons West $199,000 4/2 No No 1,830
1100 NW 43rd Avenue Regular Sale Edgefield $197,500 3/2 Yes Yes 1,448
5818 Eagle Cay Lane Regular Sale Regency Lakes $187,500 3/2 No No 1,341
2701 Calliandra Terrace Regular Sale Tamarind Village $186,000 3/2 No Yes 1,931
291 NW 42nd Avenue Regular Sale South Creek $182,500 3/2 Yes Yes 1,776
3731 NW 19th Street Bank Foreclosure Centura Parc $163,900 3/2 No No 1,439
2629 Blue Sage Avenue Regular Sale Tamarind Village $163,000 2/2 No No 1,552
2001 NW 37th Avenue Short Sale Centura Parc $140,000 3/2 No No 1,397
1951 NW 35th Avenue Short Sale Centura Parc $140,000 3/2 No No 1,439
4298 Acacia Circle Regular Sale Sawgrass Village $135,00 2/2 No Yes 1,141
5216 NW 55th Street Short Sale Winston Park $132,000 3/2 No No 1,928
4280 NW 9th Court Regular Sale Edgefield $118,000 3/1 No No 1,273

There were 35 total single family sales for the month of December, 2012 ranging in price from $119800 to $1,750,000.  Among the 35 sales for the month of February, 16 were distressed sales (bank foreclosures, corporate owned, or short sales). 48% of the sales were distressed ones.

Overall real estate inventory is decreasing in Coconut Creek, Florida.  As a result, there are a larger quantity of buyers looking to purchase homes in the city.  The decrease in overall homes inventory will help stabilize the real estate market and hopefully even push prices up in the coming months.  If you are thinking about selling your home, NOW is the perfect time, as you will have less competition from other sellers, especially distressed sellers (short sales and bank foreclosures).  Looking to upgrade to a larger home for your growing family or maybe you are an empty nester looking to downsize, now is the perfect time to sell your current home at a premium and then buy your next home and receive a historically low mortgage payment.

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 REMAX 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.

Coconut Creek and Broward County Real Estate Prices and Sales Rise In January

Coconut Creek Home Prices and Sales Increase In January Making Now The Time To Buy Real Estate

Coconut Creek Home Prices & Sales Increase In January Making Now The Time To Buy Real Estate

Coconut Creek and Broward County Florida real estate is coming closer to a bottom, which is good news for homeowners and potential buyers. The Sun-Sentinel recently reported that, “The county’s median price for existing homes in January was $175,000, up 6 percent from a year ago. Broward sales rose 15 percent from January 2011.”

Besides home prices increases, the amount of inventory has significantly dropped in the past year by 34% in January 2012.  With less homes for sale on the market, the overall Coconut Creek and South Florida real estate market should stabilize by the end of 2012.  The Greater Fourt Lauderdale Of Realtors released a report showing that there were less than 6,000 single family homes for sale in Broward County.  As a result, this was a significant drop in home inventory from a year ago.  Another positive to less inventory is that homes are selling faster than they did in the past.  Currently, single family homes sales are selling on average in 55 days.

If homes are priced right in today’s market, then they sell quickly and for top market dollar!  Many analysts still fear that banks will be listing their foreclosure inventory for sale soon causing more homes on the market.  But, with the significant decrease in inventory currently on the market, these bank foreclosure listings may help sell quickly with the large amount of demand for available properties.

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

coconut-creek-fl-home-for-saleIf 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.

23 Coconut Creek Real Estate Home Sales In November 2011

23 Coconut Creek Home Sales Update For November 2011 Presented By Realtor Michael Citron

Property Address Type Of Listing Community Price Beds/Baths Square Feet
5375 NW 49th Street Regular Sale Indigo Lakes $328,000 4/3.5 2,972
4591 Little Palm Lane Regular Sale Banyan Trails $324,000 4/3 2,724
7137 NW 47th Lane Regular Sale Hidden Lake $315,900 5/3 3,102
4747 NW
72nd Place
Short
Sale
Hidden
Lake
$290,000 4/3 2,488
5328 Flamingo Place Regular Sale Regency Lakes $262,500 4/2.5 2,520
4941 NW 53rd Ave Bank Owned Indigo Lakes $240,000 4/3 3,358
2114 NW 49th Ave Regular Sale Buttonwood Hammocks $239,900 4/2.5 2,290
5213 NW 54th Ave Regular Sale Winston Park $238,000 3/2.5 1,640
3869 NW 62nd Ct Regular Sale Winston Park $231,000 3/2.5 2,267
4051 NW 5th Street Regular Sale South Creek $211,000 4/3.5 2,471
6437 Egret Ter Bank Owned Regency Lakes $210,000 4/2.5 2,494
5820 Eagle Cay Te Regular Sale Regency Lakes $198,000 3/2.5 1,452
547 NW 47th Way Short Sale Coco Palms $195,000 3/2.5 1,956
4409 NW 43rd St Bank Owned Coquina $200,000 3/2 1,700
5213 Eagle Cay Manor Short Sale Regency Lakes $190,000 4/2.5 1,784
3630 NW 23rd Place Regular Sale Centura Parc $181,000 3/2.5 1,846
4843 NW 14th Drive Short Sale Lyons West $172,000 3/2.5 1,830
4729 NW 6th Place Regular Sale Coco Plams $165,000 3/2 1,304
4981 NW 54th St Bank Owned Cypress Lake $160,000 3/2.5 1,824
730 NW 44th Ave Short Sale Edgefield $166,000 3/2 1,841
2373 NW 34th Ter Bank Owned Centura Parc $143,000 3/2 1,534
1930 NW 35th Ave Short Sale Centura Parc $110,000 2/2 1,439
3309 NW 64th Street Regular Sale Tallowwood Isle $19,000 2/2 0

There were 23 total single family sales for the month of November, 2011 ranging in price from $19,000 to $328,000. Last
month, there were 25 total single family home sales. There were 2 less homes sold in Coconut Creek in the month of November, 2011 than in October, 2011.

Among the 23 sales for the month of October,  10 were distressed sales (bank foreclosures, corporate owned, or short sales). 48% of the sales were distressed ones.  The overall real estate inventory of available homes in Coconut Creek, Florida is low.  During the last couple of months before the end of the year, potential sellers are holding back putting their homes for sale on the market until after the holidays and into 2012.  Also, banks and lending institutions are putting a hold on releasing foreclosure inventory until the New Year.  As a result, there are not many available homes for potential buyers to view at the moment in Coconut Creek, Florida.

But, in the beginning of 2012, there will be an increase in real estate inventory for both regular listings and short sales and foreclosures.  If you are thinking about purchasing a home in Coconut Creek or South Florida, now is the time.  Interest rates are at record lows and home prices have never been so affordable.  Coconut Creek is also 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.

Underwater Mortgages Overflowing In Coconut Creek and South Florida

Almost 50% Of South Florida Homeowners Are Upside Down On Their Mortgages

coconut-creek-florida-upside-down-mortgageOne of the biggest problems in the current real estate market is that many homeowners in Coconut Creek and South Florida are underwater on their mortgages.  The Sun-Sentinel reported that over 47% of all homeowners in the Tri-County area (Dade, Broward, & Palm Beach counties) are upside down on their mortgages.  Most underwater homeowners purchased their homes during the peak of the real estate market and then watched the bubble burst resulting in a significant drop in market values. These underwater homeowners are stuck in their properties and are more likely to fall behind on their mortgages and possibly become foreclosures.

As a result, the large quantity of underwater homeowners is preventing the Coconut Creek and South Florida overall real estate market from rebounding.  But, good news is on the horizon for these homeowners, as President Obama has announced plans to help more homeowners refinance underwater mortgages.  Hopefully, this new government plan will help current homeowners refinance their loans and be able to stay in their properties and not risk foreclosure.

In the City of Coconut Creek, Florida, over 50% of all home sales for the past year have been distressed sales (bank foreclosures and short sales).  If you are currently underwater on your home mortgage and uncertain about your options, please give me a call at: 954-609-0591, so I can help answer your questions and concerns and explain your options.

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 Real Estate Home Sales In October 2011

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

Property Address Type Of Listing Community Price Beds/Baths Square Feet
4591 San Mellina Dr Regular Sale San Mellina $450,000 5/3.5 3,674
7426 NW 51st Way Regular Sale Country Woods $339,000 5/3 2,294
5375 NW 49th St Regular Sale Indigo Lakes $328,000 4/3.5 2,972
3934 NW 55th Ct Regular Sale Winston Park(OUR LISTING) $275,000 4/3 2,492
4831 NW 55th Dr Short Sale Indigo Lakes $245,000 4/2.5 2,271
4341 NW 4th St Regular Sale Winston Park $240,000 4/2.5 2,692
5213 NW 54th Ave Regular Sale Winston Park $238,000 3/2.5 1,640
3538 Coco Lake Dr Regular Sale Coco Lakes $238,000 3/2 1,996
4801 NW 21st St Regular Sale Buttonwood Hammocks $234,900 4/2.5 2,030
5545 NW 54th Cir Bank Foreclosure Winston Park $228,000 3/2.5 1,938
4400 NW 4th St Regular Sale Township $220,000 3/2.5 2,414
3810 NW 58th St Bank Foreclosure Parkwood $210,000 3/2 1,706
5541 NW 49th Ter Regular Sale Winston Park $205,000 4/2.5 1,924
3880 NW 21st St Regular Sale Centura Parc $200,000 4/2.5 2,023
5861 Eagle Cay Ln Regular Sale Regency Lakes $194,000 4/2.5 1,784
681 NW 48th Ave Regular Sale Lakewood $185,000 3/2 1,531
761 NW 48th Ave Bank Foreclosure Lakewood East $180,000 3/2 1,977
4281 NW 61st Ct Short Sale Winston Park $169,000 3/2.5 1,304
5420 NW 49th Ave Short Sale Cypress Lake $167,400 3/2 1,442
4539 NW 60th Ct Bank Foreclosure Winston Park $166,000 3/2 1,555
4789 NW 6th Pl Short Sale La Margarita $163,000 3/2 1,508
2618 Calliandra Ter Regular Sale Township $149,500 3/2 1,795
5114 42nd Ter Regular Sale Winston Park $147,500 3/2 1,616
4795 NW 10th St Regular Sale Lakewood East $135,500 2/2 1,486
2000 NW 39th Ave Bank Foreclosure Centura Parc $130,000 3/2 1,544

There were 25 total single family sales for the month of October, 2011 ranging in price from $130,000 to $450,000. Last month, there were 22 total single family home sales. There were 3 more homes sold in Coconut Creek in the month of October, 2011 than in September, 2011.

Among the 25 sales for the month of October, 9 were distressed sales (bank foreclosures, corporate owned, or short sales). 36% of the sales were distressed ones.  This is very good news, as for the past year, 50-60% of all Coconut Creek real estate home sales have been distressed.  This is a direct result of banks and lending institutions handling the short sale process in a more expeditious manner.  Banks want to short sale instead of go through the lengthy foreclosure process.  If you or someone you know is interested in learning about how to short sell their home, please give me a call at:  954-609-0591.  My team and I are expert short sale negotiators and would be happy to answer any and all of your questions and concerns.

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.

22 Coconut Creek Real Estate Home Sales In September 2011

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

Property Address Type Of Listing Community Price Beds/Baths Square Feet
5185 NW 50th Ter Regular Sale Cypress Reserve $295,000 3/2 2,082
4505 Banyan Trails Dr Regular Sale Banyan Trails $290,000 4/3 2,800
5511 NW 38th Ter Regular Sale Winston Park $285,000 4/2.5 2,508
6411 Mallards Way Regular Sale Regency Lakes $280,000 3/2.5 2,070
5470 NW 40th Ter Regular Sale Winston Park $260,000 4/2.5 1,836
5342 Coco Lake Drive Bank Foreclosure Coco Lakes $260,000 4/2.5 2,692
5214 NW 52nd Street Bank Foreclosure Winston Park $244,900 4/3 2,037
5019 Ibis Court Regular Sale Regency Lakes $235,000 4/2.5 2,110
4710 NW 21st Court Regular Sale Buttonwood Hammocks $234,000 3/2 1,822
4045 NW 62nd Drive Bank Foreclosure Cocobay $230,199 4/3 2,479
4945 Pelican Street Short Sale Regency Lakes $220,000 3/2.5 2,414
2349 NW 34th Road Regular Sale Centura Parc $200,000 4/2.5 2,135
5142 Woodfield Way Short Sale Banyan Trails $215,000 4/2.5 1,766
4981 NW 10th Street Regular Sale Lakewood East $190,000 3/2 1,444
2331 NW 39th Ter Bank Foreclosure Centura Parc $185,000 4/2 2,035
6135 NW 45th Ter Bank Foreclosure Winston Park $180,000 3/2 1,708
761 NW 48th Avenue Bank Foreclosure Lakewood East $180,000 3/2 1,977
2679 Calliandra Regular Sale Tamarind Village $169,900 3/2 1,716
6026 NW 45th Ter Short Sale Winston Park-Sorbet $161,000 3/2.5 1,248
5830 Eagle Cay Circle Bank Foreclosure Regency Lakes-Eagle Cay $148,000 3/2 1,282
4416 Cordia Circle Regular Sale Township $114,000 2/2 1,532
4393 Acacia Circle Regular Sale Township $112,500 2/2 1,456

There were 22 total single family sales for the month of September, 2011 ranging in price from $112,500 to $295,000. Last month, there were 34 total single family home sales. There were 12 fewer homes sold in Coconut Creek in the month of September, 2011 than in August, 2011.

Among the 22 sales for the month of September, 10 were distressed sales (bank foreclosures, corporate owned, or short sales).
45% of the sales were distressed ones. The decrease in home sales in September is a direct result of the new school year as well as the coming holiday season.  During this time, residents and potential buyers are focused more on their families and not as much on real estate.  But, we are telling both potential sellers and buyers, that now is the perfect time to sell or buy.  If you are a seller, you will not have as much competition on the market at the current time.  But, in early 2012, more Coconut Creek residents will be putting their homes on the market for sale after the holiday season.  Potential buyers should also get off the fence now and buy, as interest rates are at record low levels.  You couldn’t ask for a better time to make a move!

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.

34 Coconut Creek Florida Single Family Homes Sold In August 2011

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

Property Address Type Of Listing Community Price Beds/Baths Square Feet
7427 NW 51st Way Short Sale Country Woods $290,000 4/3 2,637
7321 NW 44th Lane Regular Sale Sable Pines $285,000 4/2 1,994
4329 NW 41st Lane Regular Sale Coquina $275,000 4/3 2,394
5501 NW 54th Lane Bank Foreclosure Winston Park $275,000 4/3 2,149
3811 NW 71st Street Regular Sale Wildwood Estates $270,000 5/3 2,552
5230 NW 51st Court Regular Sale Winston Park $260,000 4/3 1,952
6134 NW 45th Ter Regular Sale Sunrise Estates $257,750 4/2 1,897
4393 NW 51st Court Bank Foreclosure Winston Park $245,900 4/2 2,219
4952 Egret Court Regular Sale Regency Lakes $230,000 4/2.5 2,137
3769 NW 62nd Court Regular Sale Cocobay $230,000 3/2.5 2,127
4411 NW 65th Street Short Sale Sorbet $225,000 4/2.5 2,286
4401 NW 3rd Street Regular Sale Regency Lakes $200,000 3/2 1,631
3994 Crescent Creek Dr Short Sale Coconut Point $196,500 3/2.5 1,801
5433 NW 50th Court Short Sale Windermere $195,000 3/2 1,404
1918 NW 48th Avenue Regular Sale Buttonwood $192,900 3/2 1,406
6020 NW 44th Avenue Bank Foreclosure Sorbet $185,000 3/2.5 1,800
6151 NW 42nd Ter Regular Sale Winston Park $180,000 3/2.5 1,434
5819 Eagle Cay Te Short Sale Regency Lakes $180,00 4/2.5 1,912
2366 34th Avenue Short Sale Centura $176,000 4/2.5 2,310
6001 NW 42nd Avenue Short Sale Winston Park $175,900 3/2.5 1,505
721 NW 43rd Avenue Regular Sale Edgefield $175,000 3/2 1,989
5250 NW 49th Street Short Sale Winston Park $170,000 3/2.5 2,152
2210 NW 34th Te Regular Sale Centura $167,000 3/2 1,805
2031 NW 40th Avenue Short Sale Winston Park $160,000 3/2 2,069
5311 Eagle Cay Way Back Foreclosure Regency Lakes $159,900 3/2.5 1,698
711 NW 43rd Avenue Regular Sale Edgefield $152,000 3/2 1,794
2440 Ginger Avenue Regular Sale Tartan $145,000 3/2 1,970
3621 NW 19th Street Bank Foreclosure Centura $145,000 3/2 1,785
4410 NW 9th Street Bank Foreclosure Edgefield $145,000 4/2 2,192
4111 7th Street Bank Foreclosure Centura $144,900 3/2 1,684
4420 NW 4th Court Bank Foreclosure Centura $142,873 3/2 1,592
4321 NW 10th Street Short Sale Edgefield $124,000 2/2 1,159
4342 Acacia Circle Regular Sale Tartan $105,500 2/2 1,279
4485 Cardia Circle Bank Foreclosure Tartan $85,000 2/2 1.420

There were 34 total single family sales for the month of Auguest, 2011 ranging in price from $85,000 to $357,000. Last month, there were 27 total single family home sales. There were 7 more homes sold in Coconut Creek in the month of August, 2011 than in July, 2011.

Among the 34 sales for the month of August, 19 were distressed sales (bank foreclosures, corporate owned, or short sales).
56% of the sales were distressed ones. Inventory on homes that are not distressed are at record low’s.  For instance, in the past 6 months, over half of all Coconut Creek single family homes sales are distressed. As a result if you are looking to purchase a home in Coconut Creek and do not want to wait 6-12 months for a short sale to get approved by the banks, then you will not have a large selection of available non-distressed properties for sale.  I strongly believe that the lack of inventory on the market in Coconut Creek, Florida is a direct result of regular listings for sale.  Every non-distressed home for sale in our city that is priced well sells in days, not months.  As a result, as more and more of the distressed home inventory in Coconut Creek is sold to investors and patient buyers, the overall Coconut Creek real estate market will stabilize in the coming months and into 2012.

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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Coconut Creek Short Sales: The Road Is Now Paved

Coconut Creek Florida Short Sales Finally Seeing Progress

coconut-creek-florida-short-sale

Finally, banks and lending institutions are getting with the program!  We have seen an increase in the turnaround of successfully negotiating and closing on Coconut Creek and South Florida real estate short sale properties.  Recent studies show that there has been an 19% increase in successful closing on short sale listings.

This exciting news will help stabilize the Coconut Creek and overall real estate market hopefully soon, as less real estate inventory will be on the market for sale (including short sales and bank foreclosures).  As a result of this news, buyers should be jumping on this opportunity to purchase Coconut Creek real estate homes.  Studies also show that short sales sell for a 21% discount of market value.  With mortgage rates in the low 4% and very affordable real estate inventory in Coconut Creek, Florida, now is the time to purchase a home.

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.