CORAL SPRINGS, FL
Postal Code 33071
REAL ESTATE REPORT
August 15th, 2022
Coral Spring is a city in Broward County, FL. The city was established in 1963 as a master-planned community in Northwest part of the county. Originally it was part of 30 squire miles of marshy lands and swamps. Canals and levees were created to drain much of the land on which Coral Springs was built.
Postal Code 33071 is located in the south part of the city. There are about 12,000 residential parcels located in the area, and 70% of them are single-family homes.
INVENTORY REPORT
Coral Spring, FL
33071
As in many other areas of Coral Springs, 33071, single family homes inventory is increasing, and asking prices are stable. At the same time, pending sales reached their peak, which is the indication that the inventory may continue to increase in the near future.
Inventories for condos and townhomes are also increasing from the low levels, and prices are stable.
NEIGHBORHOOD MAP
Coral Spring, FL
33071
33071 – AREA 1
Neighborhoods:
- Lakeview West
- Eagle Point
- Eagle Trace
- The Fairways
- Eagle Creek
- Greens
- Steeplechase
- Georgetown
- Fairways South
- Ascot Villas
- Eagle Glen
Area 1 of postal code 33071 demonstrates fast accumulation of the available inventories of single-family homes. Some of the listed properties already received price cuts. Number of pending properties is starting to decrease, demonstrating cooling down of the buyer demand.
INVENTORY REPORT
33071 – AREA 2
Neighborhoods:
- The Palms Point
- The Isles
- Mariners Cove
- Lakeview Drive
- West Shore
Area 2 part of postal code 33071 demonstrates accumulation of the available inventories of single-family homes. Some of the listed properties already received price cuts. Number of pending properties is starting to decrease, demonstrating cooling down of the buyer demand.
INVENTORY REPORT
33071 – AREA 3
Neighborhoods:
- Cypress Glen
- West Glen
- Coral Ridge
Area 3 part of postal code 33071 demonstrates accumulation of the available inventories of single-family homes. Some of the listed properties already received price cuts. Number of pending properties is starting to decrease, demonstrating cooling down of the buyer demand.
INVENTORY REPORT
33071 – AREA 4
Neighborhoods:
- Cypress Run
- Atlantic Springs Condo
- The Springs
- Portofino
- Pine Landing
- Eagle’s Nest
- Saxon Woods
- Cypress Pointe
- Lakeview Hamlet
Area 4 part of postal code 33071 demonstrates accumulation of the available inventories of single-family homes. Some of the listed properties already received price cuts. Number of pending properties is starting to decrease, demonstrating cooling down of the buyer demand.
INVENTORY REPORT
33071 – AREA 5
Neighborhoods:
- Maple Wood
- Lakewood Village
- Napoli Gardens
- Coral Springs Village
- Tara Gardens
- University Club
Area 5 part of postal code 33071 demonstrates fast accumulation of the available inventories of single-family homes. Some of the listed properties already received price cuts. Number of pending properties is starting to decrease, demonstrating cooling down of the buyer demand.
INVENTORY REPORT
33071 – AREA 6
Neighborhoods:
- Oak Wood
- Royal Grenadier
- Glen Oaks
Inventories are still historically low in Area 6 part of postal code 33071. Some of the listed properties already received price cuts. Number of pending properties is starting to decrease, demonstrating cooling down of the buyer demand.
INVENTORY REPORT
33071 – AREA 7
Neighborhoods:
- Shadow Wood
- Visconti
- Kingsport Estates
- French Riviera
Area 7 part of postal code 33071 demonstrates stabilization in the number of available properties for sale. Some of the listed properties already received price cuts. Number of pending properties is stable, confirming robust buyer’s demand.
INVENTORY REPORT
33071 – AREA 8
Neighborhoods:
- Ramble Wood
- Savannah
- Sherwood Square
- University Drive
- Alta Vista
- Coquina Cove
- Breeze Wood
Housing inventories have stabilized in Area 8 part of postal code 33071. After some slow-down, average asking price started to slowly increase. Number of pending properties is starting to decrease, demonstrating cooling down of the buyer demand.
HISTORICAL SALES
33071 – AREA 1
HISTORICAL SALES
33071 – AREA 2
HISTORICAL SALES
33071 – AREA 3
HISTORICAL SALES
33071 – AREA 4
HISTORICAL SALES
33071 – AREA 5
HISTORICAL SALES
33071 – AREA 6
HISTORICAL SALES
33071 – AREA 7
HISTORICAL SALES
33071 – AREA 8
