Is Coconut Creek, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Coconut Creek is a seller's market

Buyer's
Market

Difference Since July 2021

Since last year, Coconut Creek has remained a Seller's Market.

Key Takeaway

Coconut Creek is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Coconut Creek, FL cost?

Median Sold Price

$291,250

$222/sqft

Based on all homes sold in the last 12 months.

Difference Since July 2021

+$49,332(+20.4%)

Key Takeaway

Homes in Coconut Creek have sold for 20.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJul 2021Jul 2022%
1 $106K$124.5K
+17.5%
2 $175K$215K
+22.9%
3 $342.7K$440K
+28.4%
4 $450K$516K
+14.7%
5+ $575K$620K
+7.8%

Median Sold Price Compared To Nearby Cities

Parkland
+33.5%
Margate
+25.0%
Coral Springs
+24.9%
Coconut Creek
+20.4%
Deerfield Beach
+18.9%

How many homes are available in Coconut Creek, FL?

Number of Homes For Sale

Jun 2022Jul 2022%
142141-0.7%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 1011
+10.0%
2 7267
-6.9%
3 4649
+6.5%
4 1011
+10.0%
5+ 43
-25.0%

Number of Homes Sold

Jun 2022Jul 2022%
5025-50.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Coconut Creek, you may be able to get a good deal. 44% of homes here sold below asking price last month.

Average Sale Time

Jul 2021Jul 2022%
28 Days12 Days-55.2%

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Coconut Creek are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Coconut Creek, FL

There are 141 homes are for sale in Coconut Creek, FL real estate market. The number of listings in Coconut Creek, FL decreased by 0.7% between June 2022 and July 2022. The median list price of listings available in July 2022 was $291,250, while the average time on the real estate market was 12 days. From June 2022 through July 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 17.5%, the cost of 2 bedrooms properties went up by 22.9%, prices of 3 bedrooms properties increased by 28.4%, the cost of 4 bedrooms properties went up by 14.7%, prices of 5 bedrooms properties went up by 7.8%. This housing market inventory have changed: volume of 1 bedroom homes went up by 10%, number of 2 bedrooms homes decreased by 6.9%, number of 3 bedrooms homes increased by 6.5%, 4 bedrooms homes became 10% more available, 5 bedrooms homes inventory decreased by 25%. In July 2022, from all listings sold in Coconut Creek, FL there were more than 11 sold above asking price, over 11 sold below and more than 3 were sold right at the asked price.

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