Is Coconut Creek, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Coconut Creek was a Seller's Market.
Housing Prices in Coconut Creek, FL
How much do homes in Coconut Creek, FL cost?
Median Sold Price
$350,000
$267/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Coconut Creek was $350,000 in June 2024, up 12.5% from last year, and the median price per square foot was $267.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $134K | $175K | +30.6% |
2 Bedrooms | $255K | $261K | +2.4% |
3 Bedrooms | $460K | $490K | +6.5% |
4 Bedrooms | $612K | $640K | +4.6% |
5+ Bedrooms | $797K | $730.5K | -8.3% |
Summary: Coconut Creek housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.6%, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes decreased by 8.3%.
Median Sold Price Compared To Nearby Cities
Coconut Creek | $311K | $350K | +12.5% |
Sunshine Parkway | $565.6K | $625K | +10.5% |
Coral Springs-Margate | $335.7K | $364.3K | +8.5% |
Margate | $330K | $342.1K | +3.7% |
Housing Supply in Coconut Creek, FL
How many homes are available in Coconut Creek, FL?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
234 | 247 | +5.6% |
Summary: The Coconut Creek real estate market had 247 homes for sale in June 2024, a 5.6% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 15 | 16 | +6.7% |
2 Bedrooms | 128 | 137 | +7.0% |
3 Bedrooms | 62 | 65 | +4.8% |
4 Bedrooms | 24 | 25 | +4.2% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Coconut Creek housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.7%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
30 | 25 | -16.7% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Coconut Creek in June 2024, down by 16.7% month-over-month. Of the 25 sold homes, 60% were sold under asking, 28% were sold at asking, and 12% were sold over asking.
Days on Market for Coconut Creek, FL
How long does it take to sell a home in Coconut Creek, FL?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
39 Days | 72 Days | +82.6% |
Summary: Homes in Coconut Creek had an average of 72 days on market in Jun 2024, up by 82.6% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During June 2024, 25 homes were sold in Coconut Creek; 36% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.