Coral Springs is a vibrant city located in northeastern Broward County, Florida. Officially known as the City of Coral Springs, the master-planned community is a major city in the Miami metropolitan area, which boasts total residents of more than six million as of 2015. It lies along the southern Atlantic coast of Florida and is bordered by Parkland, Coconut Creek, Margate, North Lauderdale, Tamarac and The Everglades. This is considered one of the best cities to live in the United States.
Coral Springs used to be a part of the 20,000 acres of marshy land bought by Henry Lyons in the early 1900s. Several floods experienced in the area led to the creation of the Central and Southern Florida Flood Control, precursor of the South Florida Water Management District, in 1947. The land was drained and used for farming and cattle rearing afterwards.
Following the Second World War, a South Florida housing boom saw Coral Ridge Properties developing interest in this area. The company bought land from Lyons to develop this master-planned city whose charter was granted in July 1963. The name “Coral Springs,” derived from the name of the city’s developer, was selected after several others, including Pompano Springs and Curran Village, had been rejected. In spite of its name, the community is said to have no springs. It is today home to some 130,000 people.
Coral Springs is the ideal location in Southern Florida for families to relocate to. This urban area is a convenient, well-organized city with one of the lowest crime rates in the state. Many of the public schools in the area are rated above average, and there are many opportunities for young people to stay active with sports and other extra-curricular activities.
The residents of Coral Springs enjoy a mild climate throughout most of the year. Aside from the wind and heavy storms that occur during hurricane season, the weather generally mild with pleasant winters and very hot summers. The subtropical climate makes it the ideal location for people who enjoy taking part in outdoor activities all year long. Many locals enjoy golfing, boating, and relaxing on the beach even during the cooler Fall and Winter seasons.
The cost of living for Coral Springs is slightly higher than the rest of the country at 21.70%. While this may be considered a disadvantage for some, the convenience of living in a peaceful area with all the luxurious of the big city makes up for the higher cost for most of the people who live here. The unemployment rate for this city is at 4.30%, which is lower than the national average. Coral Springs has also seen a positive growth in jobs over the past several years, which is another great advantage to relocating to the area.
The median home cost for Coral Springs is approximately $257,900. The area has seen a rise in home appreciation from 2014 to 2015. While the market is consistently changing, Coral Springs has seen the average listing price remain within the $280k to $300k range for the past several months.
This family friendly town is home to several communities that have every type of home imaginable for sale. Majestic estate homes priced above $1 million can be found inside The Ridgeview Crossing community as well as the neighborhoods of Running Brook Hills, Turtle Run, and Eagle Trace. These locations offer golf and lake views, access to clubhouses and an abundance of other high-end amenities.
More affordable housing options can be found in communities such as Castlewood, Ramblewood South, and Turle Run which offer single family residences, apartments, condos and townhouses that range in price from just under $200k up to $500k and higher.
Students who live in the Coral Springs community attend public schools that are part of the Palm Beach County School District. These schools include top-rated facilities such as…
· Eagles Nest Elementary Charter School
· Country Hills Elementary School
· Imagine Middle School at Broward
· Coral Springs High School
Coral Springs is a fun, growing town that is filled with quaint shops, locally owned restaurants and many opportunities for families to get out and enjoy the sunshine. It is a good community to raise children in because they have access to a variety of sports, performing arts, dance, and outdoor activities. This attractive part of Southern Florida has plenty of trees and properties with large, spacious backyards. The town is conveniently located near large cities such as Fort Lauderdale, Palm Beach and Miami which are all less than 40 miles away. This allows local residents to take advantage of affordable vacation options any time of year.
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Currently Coral Springs has 295 properties on the market for sale. The inventory was last updated 11/27/2020. Of these properties, 160 single family homes are for sale by their owners in Coral Springs, and 115 condos are for sale by their owners in Coral Springs. The average price of the single family homes for sale in Coral Springs, is $547,631, the average condo price in Coral Springs, is $380,419. The average price per square foot of the active inventory is $166. This is based the living area square footage.
Over the last year, there have been 4,636 of properties sold in Coral Springs. Of these properties, 2,659 single family homes have sold by their owners in Coral Springs, and 1,668 condos have sold by their owners in Coral Springs. The average sales price of the single family homes sold in Coral Springs, is $396,291. Single family homes have been selling for 167 per square foot of living area. The average sales price of the condos for sale in Coral Springs, is $291,542. Condos have been selling for 121 per square foot of living area.
The most active subdivisions with listings for sale in Coral Springs, are: Pine Ridge (16 For Sale), Ramblewood (12 For Sale), Cypress Run (12 For Sale), Country Club Village (10 For Sale), Ramblewood East Condo (10 For Sale), Coral Springs Lakes (8 For Sale), Coral Springs University (7 For Sale), Kensington (7 For Sale), Eagle Trace (7 For Sale), Coral Springs Country Club (5 For Sale)
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Disclaimer: Listing broker has attempted to offer accurate data, but buyers/lessees are advised to confirm all information IDX information is provided exclusively for consumers' personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect Participants and/or the MLS from liability.
This data up-to-date as of 11/27/2020