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Tuesday, November 26, 2024

Home prices increased in Coral Springs during the first half of 2022

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The median sale price of a home sold in the first half of 2022 in Coral Springs rose by $90,000 while total sales decreased by 7.2 percent, according to BlockShopper.com.

From January through June, there were 1,254 homes sold, with a median sale price of $495,000 - a 22.2 percent increase over the $405,000 median sale price for the same period of the previous year. There were 1,351 homes sold in Coral Springs in the first half of 2021.

The median sales tax in Coral Springs for the most recent year with available data, 2017, was $3,757, approximately 0.8 percent of the median home sale price for the first half of 2022.

The following table compares Coral Springs to other Broward County cities with similar median sale prices in the first half of 2022:

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median Sales PriceJanuary - June 2021 Median Sales Price% change (Median Sales Price)
Pompano Beach (unincorporated)84100$602,500$502,50019.9
Hillsboro Beach81125-35.2$580,000$418,00038.8
Lauderdale-by-the-Sea229286-19.9$575,000$512,50012.2
Cooper City225271-17$566,000$435,00030.1
Wilton Manors256304-15.8$540,000$440,00022.7
Coral Springs1,2541,351-7.2$495,000$405,00022.2
Fort Lauderdale3,1313,764-16.8$462,000$400,00015.5
Miramar9601,000-4$415,000$347,50019.4
Hollywood2,1782,262-3.7$410,000$340,00020.6
Uninc-33317/Broadview Park58-37.5$395,000$332,50018.8
Plantation9431,028-8.3$380,000$335,00013.4

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