Coral Springs Real Estate Market Conditions & Reports, Coral Springs Market Trends, Florida

Market Commentary Provided by Patricia O'Connor

Report Date

Fall 2009

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CONNECT WITH A LOCAL PROFESSIONAL

Patricia O'Connor
The Veritas Real Estate Group, Inc.
Fort Lauderdale, Florida
954-554-4881
poconnor@veritasrealestategroup.com
Agent Home Page

Nearest Metro Area

Miami, FL

Buyers’ or Sellers’ Market

More sellers than buyers

Average Time on Market

90-120 Days

Market Trend

Increasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$325,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Down 5-10%

Prices As % of Asking Price

90-95%

Multiple Offers?

Greatest Activity

Single-Family Homes

Buyer Activity for the past 90 days in Coral Springs is

Seller Activity for the past 90 days in Coral Springs is

Is Financing Available For Qualified Buyers in Coral Springs?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

Housing Hot Spots

Reason to Buy/Sell

New people are moving into the area from other states locating to Coral Springs because of the quality of life in this city.

Average Sold Price

$325,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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