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 Price Analyis Report

More Coral Springs homes sold this month, 54 in fact. Of these Coral Springs homes listed for sale below, almost 30% 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 a slight increase from last month. Just over 57% of homes sold in Coral Springs were distressed properties during February 2011.

  What neighborhoods in Coral Springs Florida had the most sales?

  The Master community of Wyndham Lakes led the pack this month with 8 homes sold in its communities of Baypointe, Coventry Place, Enclave, The Island, Mayfair and Park Place; following Coral Springs home sold were: Pine Ridge and Ramblewood with each having sold 3 homes. Brookside, Coral Springs Country Club, Coral Springs University, Cypress Run, Cypress Glen, Coral Creek, Carriage Pointe Estates, The Crossings, Eagle Trace, Forest Hills, Glenwood, Hidden Hammock Estates, The Isles, Maplewood, Mariners Cove, Oakwood, The Preserve, Springs Hamlet, Turtle Run and Whispering Woods  also had homes sold. 

You’ll see below that Coral Springs homes for sale that were sold during February had a significant price point adjustment in that the majority of homes sold were in the price range of $300,000-$349,999. Which you’ll see from prior reported months that most activity occurred in the price points below $300,000.
Price Range                          Quantity Sold

$149,999 or under                      7
$150,000 -$199,999                  8
$200,000 -$249,999                  8
$250,000 -$299,999                  7
$300,000 -$349,999                 16
$350,000 -$399,999                 3
$400,000 -$449,999                 1
$450,000 -$499,999                 3
$500,000 -$549,999                 0
$550,000 -$599,999                 0
$600,000 -$699,999                 1
$700,000 -$799,999                 0
$800,000 -$899,999                 0
$900,000 -$999,999                 0
$1,000,000 or over                    0  

Total                                             54

 

                                                                           # of Days on the Market Report

                                     0-30 Days       31-60 Days    61-90 Days    91-120 Days    120+ Days
No. of Listings                 14                      7                    9                       7                        17

Breakdown %              25.93%         12.96%            16.67%           12.96%             31.48%

*Avg % SP/LP            97.34%            93.77%         98.17%           96.92%             96.87%

* 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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