By Michael Citron, Broker-Associate, Real Estate Expert
As we move into the second half of 2025, Coral Springs continues to show signs of a shifting market balancing between rising home values, a slight uptick in inventory, and slower overall buyer activity. For sellers and buyers alike, understanding the data behind the market is critical to making smart, confident decisions in this transitional real estate cycle.
Inventory Snapshot:
As of June 2025, Coral Springs had 324 active single-family homes for sale, a slight increase of just 2.5% from the 316 homes listed in June of 2024. While not a significant rise, this increase does signal that homeowners are entering the market with more confidence than they did last summer, despite elevated mortgage rates and affordability concerns among buyers.
This inventory gives us a 3.6 month supply based on sales activity over the last 90 days a figure that still technically favors sellers but is inching closer to a balanced market.
Sales Activity:
A Drop in Volume, But Not in Value
In June 2025, there were 81 closed single-family home sales in Coral Springs. That’s a 20% decline from 102 home sales in June 2024. Fewer homes sold, but this is not due to lack of interest it’s a reflection of increased buyer caution in the face of high interest rates and affordability pressure.
Yet, despite fewer sales, home prices have surged:
- Median sale price (June 2025): $820,000
- Median sale price (June 2024): $715,750
That’s a $104,250 year-over-year increase, or approximately 14.6% growth, proving that demand remains strong for well-priced, well-marketed homes even in a higher interest rate environment.
Mortgage Interest Rates:
Mortgage rates are averaging 6.77% for a 30-year fixed loan, slightly better than the 7.11% average in June 2024. While still historically high, the slight easing of rates has not yet resulted in a surge of new buyer activity, but it has provided a bit more breathing room for those actively searching.
Seller Insights: Pricing Matters More Than Ever
One of the most critical data points for sellers is this:
- 158 of the 324 active homes on the market, nearly 49% have had price reductions, averaging around $15,000 each.
- These homes have been on the market for more than 60 days, signaling a clear disconnect between seller expectations and buyer behavior.
On top of that, 108 listings have expired in Coral Springs already in 2025, meaning they failed to sell within their listing period. In many cases, these homes were overpriced, under-marketed, or simply didn’t receive the attention they deserved from their agents.
I’ve personally helped multiple homeowners across Broward County including 4 in just the past few months successfully sell their homes after failed attempts with their first agent.
With strategic pricing, thoughtful staging, and high-impact marketing, even in this market, results are absolutely possible.
What This Means for You:
- Sellers: You can still take advantage of higher home values, but you must price your home competitively and market it aggressively. Buyers have more choices and less urgency so standing out is key.
- Buyers: While prices are higher than last year, you may have more negotiating power due to reduced competition and longer days on market. Don’t be afraid to submit strong, realistic offers and look for homes that have had price reductions.
If you’re thinking of selling or just want to know your home’s current value in today’s market, visit MyCoralSpringsHouseValue.com or reach out to me directly.
Michael Citron
