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Selling a home in Coral Springs - What sold in your neighborhood during April 2011?

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Real Estate Agent with eXp Realty

Selling a home in Coral Springs - What sold in your neighborhood during April 2011?

Coral Springs Single Family Home sales in April 2011

Coral Springs home sales declined this month as we dropped to 69 homes sold compared to last months home sales of 74.  Of these Coral Springs homes listed for sale below, just over 18% of them sold as a Short Sale, which is pretty much in line from last month.  Whereas, just over 20% of the homes sold were sold as REO/Bank owned which is a drop from last month. Just over 39% of homes sold in Coral Springs were distressed properties during April 2011; this is a decline from last month yet it still indicates that distressed properties on the market are still competing with non-distressed Sellers selling their homes in Coral Springs which continues to keep prices down.

 What neighborhoods in Coral Springs Florida had the most sales? 

Homes sold in Coral Springs FL

 If you're selling your home in Coral Springs take a look at what neighborhoods had home sales. The neighborhoods of Coral Springs Country Club really blew it out of the park this month with 8 homes sold; that warrants further details showing sales prices between $167,000 - $375,000. Other Coral Springs homes sold were in Ramblewood having sold 5 homes along with the community of Coral Creek having sold 4 home. Cypress Run, Pine Ridge and Wyndham Lakes were next having sold 3 homes. Hidden Hammocks/Oakbrook and Royal Land/Coventry sold 2 homes. New home Buyers in Coral Springs also found homes in Eagle Trace, Cypress Glen, Forest Hills, Maplewood, North Springs, Lenox Isles, Shadowwood, The Isles and Whispering Woods.

For those of you selling a house in Coral Springs, you'll see below that Coral Springs homes for sale that were sold during April had significant sales again this month in the $250,000 - $299,999 price point and  sales in the higher price points continues this month. When pricing your home for sale these price points can tell you where there is a lot of Buyers looking in a particular range and willing to pay that price thereby increasing the chance of your home being sold. During March and now April, we continue to see a break out above the heavily populated range of $250,000 - $299,999. 

Price Range                  Quantity

$149,999 or under           4
$150,000 -$199,999        11
$200,000 -$249,999        18
$250,000 -$299,999        20
$300,000 -$349,999        7
$350,000 -$399,999        1
$400,000 -$449,999        5
$450,000 -$499,999        1
$500,000 -$549,999        0
$550,000 -$599,999        0
$600,000 -$699,999        0
$700,000 -$799,999        1
$800,000 -$899,999        1
$900,000 -$999,999        0
$1,000,000 or over          0

Total                             69


Summary      List Price           Sale Price
High             $899,000          $800,000
Low                $99,900            $92,000
Average        $286,319          $268,240
Median         $255,000          $265,000

                                   Days on the Market review

                            0-30 Days   31-60 Days   61-90 Days   91-120 Days   120+ Days


No. of Listings           20             15                10               8                     16


Breakdown %         28.99%       21.74%         14.49%       11.59%            23.19%


Avg % SP/LP*         91.51%      95.22%          97.35%       96.19%           95.49%

* This column will tell you what the single family home sold for as a percentage of the List price. The higher the percentage indicates that the home sold for closer to its List price. (Sale Price to List Price)

 

 

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Whether you're Selling your home in Coral Springs or Buying your home in Coral Springs or other Southeast Florida cities from Boca Raton south to Miramar, I promise to be on your side working hard for you as your Coral Springs Realtor and South Florida Realor. Helping homeowners with Coral Springs Real Estate and the Real Estate in surrounding cities such as Coral Springs, Coconut Creek, Parkland, Plantation, Pembroke Pines, Margate, Miramar, Tamarac and Sunrise in Broward county to the cities of Boca Raton, Delray Beach and Boynton Beach in Palm Beach county. 

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