Coral Springs Home Sales in March 2011
Another increase this month in Coral Springs homes sold; we hit 74 homes sold which is up from last months increase of 54 homes. Of these Coral Springs homes listed for sale below, almost 18% of them sold as a Short Sale, which is a decrease from last month. Whereas, almost 28% of the homes sold were sold as REO/Bank owned which is about the same from last month. Just over 45% of homes sold in Coral Springs were distressed properties during March 2011; a continuing strong indication of distressed properties on the market competing with non-distressed Sellers selling their homes in Coral Springs.
What neighborhoods in Coral Springs Florida had the most sales?
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 and Kensington had huge sales this month with 5 homes sold. Other Coral Springs homes sold were North Springs and Pine Ridge with each having sold 4 homes along with the community of Wyndham Lakes in Pelican Trail West, Golden Bay, The Island and Coventry. Ramblewood was next having sold 3 homes. New home Buyers in Coral Springs also found homes in Eagle Trace, Forest Hills, Glenwood, Mariners Cove, Hidden Hammocks, Oakwood, Running Brook Hills, The Isles, Vizcaya and Whispering Woods where homes were sold to them.
For those of you selling a house in Coral Springs, you’ll see below that Coral Springs homes for sale that were sold during March had significant sales settle back to the $250,000 – $299,999 price point yet an increase in sales in the higher price points continues this month. Which you’ll see from prior reported months that most activity occurred in the price points below $300,000 and we continue to see a break out above this price point again this month of March.
Price Range Quantity Sold
$149,999 or under 11
$150,000 -$199,999 13
$200,000 -$249,999 9
$250,000 -$299,999 17
$300,000 -$349,999 6
$350,000 -$399,999 8
$400,000 -$449,999 1
$450,000 -$499,999 3
$500,000 -$549,999 0
$550,000 -$599,999 0
$600,000 -$699,999 2
$700,000 -$799,999 0
$800,000 -$899,999 1
$900,000 -$999,999 1
$1,000,000 or over 2
# of Days on the Market Report
0-30 Days 31-60 Days 61-90 Days 91-120 Days 120+ Days
No. of Listings 21 11 16 0 26
Breakdown % 28.38% 14.86% 21.62% 0% 35.14%
*Avg % SP/LP 95.59% 96.43% 93.37% 0% 92.84%
* 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)