As a resident of Coral Ridge Country Club Estates, I like to keep a constant tab on what’s going on with local real estate values. We bought a 1961 mid-century home on 41st Street two years ago and have restored & modernized it loving this location, our beautiful home, and our neighbors. If you’d like to chat regarding our community or the information provided below, don’t hesitate to reach out via NextDoor, our front door, or simply call me direct #954.998.3098.

This snapshot below shows us sales & trends on how our Coral Ridge community is doing regarding housing demand and 2017 market values.

For a contrast comparison from other months prior, click here for a CRCCE summary.

Coral Ridge Fort Lauderdale Home Sales & Trends | November 2017

Neighborhood Spotlight ☀ Coral Ridge + Coral Ridge Country Club Estates

Coral Ridge & CRCCE Area Homes (Statistics via MLSMatrix)
  • ⬇ 107 Active Homes for Sale
  • ⬇ $1.025M Median Asking Price
  • ⬆ $404 Median Asking LP$/PSF

Total # Homes SOLD | Median Sale Price (M$/SP) | Median Sale Price Per Square Foot | Average Days On Market (DOM)

  • 2017 (YTD) – 170 Homes Sold | ⬇ $666,500 M$/SP | ⬇ $286 SP$/PSF | 102 DOM (10% Depreciation)
  • 2016 – 151 Homes Sold | $750,000 M$/SP | $317 SP$/PSF | 119 DOM (17% Appreciation)
  • 2015 – 214 Homes Sold | $609,500 M$/SP | $264 SP$/PSF | 85 DOM (6% Appreciation)
  • 2014 – 198 Homes Sold | $623,750 M$/SP | $247 SP$/PSF | 97 DOM (9% Appreciation)
  • 2013 – 207 Homes Sold | $515,000 M$/SP | $226 SP$/PSF | 95 DOM (6% Appreciation)
  • 2012 – 190 Homes Sold | $532,000 M$/SP | $213 SP$/PSF | 122 DOM (8% Appreciation)
  • 2011 – 174 Homes Sold | $450,000 M$/SP | $196 SP$/PSF | 131 DOM
Coral Ridge & CRCCE Area Homes (Statistics via TrendGraphix Incl. Delayed SEPT. Stats)

Coral Ridge and Coral Ridge Country Club Estates Fort Lauderdale Homes PPSF

Average Sold Price per Square Footage in September 2017: $266
Down 27.5% compared to last month
Down 14.7% compared to last year

Coral Ridge and Coral Ridge Country Club Estates Fort Lauderdale Homes DOM

Average Days on Market in September 2017: 104
Down 1.9% compared to last month
Up 28.4% compared to last year

Sold/Original List Price % in September 2017: 88%
Down 1.1% compared to last month
0% compared to last year

Coral Ridge and Coral Ridge Country Club Estates Fort Lauderdale Homes - Months of Inventory

Months of Inventory based on Closed Sales in September 2017: 10
Up 54.1% compared to last month
Down 11.5% compared to last year

Coral Ridge and Coral Ridge Country Club Estates Fort Lauderdale Homes for Sale & Sold

Home For Sale in September 2017: 100 units.
Up 3.1% compared to last month
Down 11.5% compared to last year

Home Closed in September 2017: 10 units.
Down 33.3% compared to last month
0% compared to last year

Home Placed under Contract in September 2017: 6 units.
Down 76% compared to last month
Down 60% compared to last year

*Buyer’s market: more than 6 months of inventory based on closed sales
Seller’s market: less than 3 months of inventory based on closed sales
Neutral market: 3 – 6 months of inventory based on closed sales

Luxury Real Estate in South Florida

Whether you’re seeking the ultimate waterfront estate, a coastal home with great value, a stunning trophy penthouse, land for development, off-market & investment opportunities, new construction, bulk investment condo sales, or relocation assistance, I’ll have it customized and ready for you.

Over 15 Years Experience – I’m a South Florida real estate broker-associate with the leading firm, ONE Sotheby’s International RealtyWhy Sotheby’s? Because of the brand heritage, prestige, vast global reach in curating luxury goods including premier real estate, and their propensity for perfection. Since 2002, I’ve been active in the South Florida residential & commercial markets with experience and white-glove service that rarely disappoints.

Contact me for new residential opportunities along Fort Lauderdale (East of US1). I’ve represented homeowners and buyers in other coastal locations including North Bay VillageMiami BeachSunny Isles BeachAventuraBal HarbourSurfside, and South Beach. I also cover the most desirable South Florida island and inland areas including Key BiscayneCoconut GroveCoral Gables and Bay Harbour Islands.

Let’s Talk, toll-free at #888.38.DREAM or contact me here for further details.

No hassle. No pressure. Just honest advice.

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