Coral Springs starts 2026 with steep drop in home sales. 5 things to know
Coral Springs saw just 35 single-family home sales in January, a sharp decline from the same month a year earlier.
The drop came even as the city remains a seller’s market with tight inventory.
FULL STORY: Coral Springs home sales plunge in seller’s market, January real estate data shows
Here are the highlights:
- Single-family home sales in Coral Springs fell 45% year-over-year in January, dropping to 35 closed sales. That’s also down from 80 closed sales in December 2025.
- Despite fewer sales, prices held steady. The median home price in Coral Springs was $710,000 in January, above the Broward County-wide average of $620,000.
- Coral Springs has only a three-month supply of housing inventory, according to analysts, and homes sold at a median 94% of their original listing price in January.
- Broward’s luxury market is heading the other direction: home sales over $1 million rose 14% year-over-year, climbing from 184 to 209. Southwest Ranches and Parkland led with median sales prices of $2.7 million and $1.2 million.
- Condo and townhome sales in Coral Springs jumped 30% year-over-year, even as sale prices stayed flat. MIAMI Realtors Chief Economist Gay Cororaton said momentum should strengthen as mortgage rates fall and wealth migration from New York and California picks up.
The summary points above were compiled with the help of AI tools and edited by journalists in the Coral Springs News newsroom. The full story in the link at top was reported, written and edited entirely by Coral Springs News journalists.