Home Price Update Coconut Creek – Jan 2017

Home Price Update Coconut Creek – Jan 2017

Single family homes prices in Coconut Creek rose 3.28% from Jan 2016 to Jan 2017 and Condos rose about 8%, the number of closed sales has slipped 30% from 27 to 19 for single family homes and increased for condos from 37 to 42.  The median  days on market for single family homes in Jan 2017 was 15 and for condos was 31.

Single Family Homes – Coconut Creek (Broward County)

Single Family Homes January 2017 January 2016 % Change (from 2016-2017)
Closed Sales 19 27 29.63%
Median Sale Price $315,000 $305,000 3.28%
Median Days on Market 15 41 63.41%
Median Listing Discount 100% 97% 3.09%

Condos – Coconut Creek (Broward County)

Condominiums January 2017 January 2016 % Change (from 2016-2017)
Closed Sales 42 37 13.51%
Median Sale Price $118,500 $110,000 7.73%
Median Days on Market 31 55 43.64%
Median Listing Discount 97% 90% 7.78%

About Coconut Creek:

Coconut Creek, the “Butterfly Capital of the World”, is a well-planned city with a unique environmental consciousness nestled between Miami and Palm Beach.  Spotlighted as one of the “Best Cities to Live in America” by Money Magazine, and a​ ​Top Ten Place to Live in Florida by Movoto and NerdWallet, Coconut Creek is home to 59,000 residents and supports a diverse, growing business community.  The City’s Mainstreet Project, home to the Seminole Casino Coconut Creek and the Coconut Creek Promenade, a 23-acre, open-air, upscale shopping and restaurant center, has received the “Award of Excellence” for its Design Standards by the Florida Chapter of the American Planning Association (FAPA).  When complete, the City’s MainStreet area will be bustling with over 250 acres of LEED-certified businesses, upscale housing, and beautifully landscaped parks and greenways.

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About Empire Appraisal Group, Inc.

Establish in 2005, Empire Appraisal Group, Inc., is Broward County’s leading residential appraisal company as a result of their accurate and reliable appraisals, excellent customer service, and quick turn times.  When working with an appraiser, integrity and professionalism are essential, and Empire Appraisal Group has a well-established reputation for providing the best appraisal experience.  Daniel Lindeman, the Chief Appraiser, is considered one of the top property appraisers in Florida, with nearly 15 years of expertise and 7,000+ appraisals to his credit.

We ‘specialize’ in helping people who need appraisals for estate purposes, divorce, bankruptcy, FSBO’s and more.

We also work closely with realtors to help establish listing prices, these pre-listing appraisals ensures sellers get top dollar for their home.

In addition, to homes of all shapes and sizes, we also appraise condos, multifamily homes, boat docks, land, as well as specialty properties. No job is too big or too small, from manufactured homes to mansions.

Call Empire Appraisal Group directly with any questions concerning your real estate values at 561-441-9298.  Also, check out our ‘Reviews’ page and see what others are saying about Daniel Lindeman and Empire Appraisal Group, Inc.

We provide residential appraisal services to all cities in Broward County:  Parkland, Coral SpringsCoconut Creek, Dania Beach, Cooper City, Davie, Deerfield Beach, Fort Lauderdale, Sunrise, Hallandale Beach, Hillsboro Beach, Hollywood, Lauderdale by the Sea, Lauderdale Lakes, Lauderhill, Lighthouse Point, Margate, Miramar, North Lauderdale, Oakland Park, Pembroke Pines, Plantation, Pompano Beach, Sea Ranch Lakes, Tamarac, Weston, Wilton Manors

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