Property Sales
Coral Springs, FL September Property sales were 75, down 51.3% from 154 in September of 2016 and 50.0% lower than the 150 sales last month. Sept 2017 sales were at the lowest level compared to September of 2016 and 2015. September YTD sales of 1316 are running 21% behind last year’s year-to-date sales of 1663.
Prices
The median Sales Price in September was $376,250, up 14.5 from $330, 000 in September of 2016 up 4.5% from $360,000 last month. The average Sales Price in September was $355, 213, up 17.5% from $302,432 in September of 2016 and up 1.1% from $351,331 last month. September 2017 as sold price was the highest level compared to September of 2016 and 2015.
Inventory & Month’s Supply of Inventory
The total Inventory of properties available for sale as of September was 414, down 8.2% from 451 last month and down 40.3% from 694 in September of last year. September 2017 Inventory was at its lowest level compared with September of 2016 and 2015.
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The September 2017 MSI of 2.6 months was at its lowest level compared with September of 2016 and 2015.
Market Time
The average Days on the Market (DOM) shows how many days the average property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer’s market, a downward trend a move towards more of a Seller’s Market. The DOM for September was 41, down 18% from 50 days last month and down 50% from 83 days in September of last year. The September 2017 DOM was at its lowest level compared with August of 2016 and 2015.
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Dale Ramsay made our first home-buying experience a breeze. His professionalism, coupled with a personal touch, made us feel confident and secure in our decisions. Dale's attention to detail and...
Read more 06/11/2024 - Vladimir Joseph
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Our recently acquired home was through Dale Ramsay of South Florida Real Estate Bookers.. The experience was superb . His professionalism and good manner sure does well for his real estate...
Read more 06/05/2024 - moultontree
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As first-time buyers, we were nervous about entering the real estate market, but Dale made it an enjoyable journey. His expertise in the South Florida area and his genuine care for his clients were...
Read more 05/21/2024 - zuser20161227214923909
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Dale is very professional, knowledgeable and skilled at his art. He supported us from the beginning of the house hunting process through closing. Dale’s goal was to help us to find exactly what we...
Read more 04/05/2021 - user6825368
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Dale is an awesome realtor. He listens to what your needs are and your concerns; then he puts that to work in finding a suitable home. Dale does not just sell a house for selling sake, he makes...
Read more 08/03/2020 - jahmaykangirl
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I had the pleasure of working with Mr. Ramsay on the purchase of a home in South Florida. He had a good grasp of the area I was interested in and gave appropriate insight when needed. Purchasing a...
Read more 09/16/2019 - dlawrence13j
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