Coral Springs home prices rise in the third quarter of 2020

Medium realestate077

The median sale price of a home sold in the third quarter of 2020 in Coral Springs rose by $25,000 while total sales decreased by 4%, according to BlockShopper.com.

From July through September of 2020, there were 675 homes sold, with a median sale price of $380,000 - a 7% increase over the $355,000 median sale price for the same period of the previous year. There were 703 homes sold in Coral Springs in the third quarter of 2019.

The median sales tax in Coral Springs for the most recent year with available data, 2017, was $3,757, approximately 1% of the median home sale price for the third quarter of 2020.

The following table compares Coral Springs to other Broward County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Weston4163838.6%$500,000$405,00023.5%
Cooper City1531483.4%$440,000$408,0007.8%
Pompano Beach (unincorporated)4333.3%$422,500$320,00032%
Lauderdale-by-the-Sea88844.8%$415,000$365,00013.7%
Wilton Manors1291198.4%$390,000$350,00011.4%
Coral Springs675703-4%$380,000$355,0007%
Fort Lauderdale1,1971,224-2.2%$370,000$320,00015.6%
Hillsboro Beach341888.9%$345,000$339,2501.7%
Miramar483593-18.5%$344,000$305,00012.8%
Uninc-33317/Broadview Park21100%$340,000$350,000-2.9%
Plantation5305064.7%$339,250$265,00028%

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