Coral Springs 55+ Housing Market Update – July 2026
Tom Dunphy Realtor
Fulton Grace Realty
TomDunphySellsRealEstate.com
Thomas J. Dunphy III
Florida State-Certified Residential Real Estate Appraiser, RD8755
APPRAIS
Residential Real Estate Appraisal Services
Community Overview
Coral Springs offers several well-established 55+ communities that attract active adults looking for a convenient South Florida lifestyle. Residents enjoy easy access to shopping, restaurants, golf courses, parks, medical facilities, and major highways while remaining close to Fort Lauderdale, Boca Raton, and other nearby destinations. These communities continue to appeal to buyers seeking low-maintenance living and an active social environment.
Market Overview
The Coral Springs 55+ housing market has slowed over the past year. Sales activity has declined, the absorption rate has decreased, inventory has increased, and homes are generally taking longer to sell. While median sale prices increased during the current three-month period, the limited number of sales makes it difficult to conclude that values are beginning a sustained upward trend. Overall, I would characterize this market as stable with declining tendencies.
Understanding the Numbers
Total Number of Settled Sales
The total number of settled sales measures the number of properties that successfully closed during each reporting period. Closed sales declined throughout the past year, reflecting slower buyer activity within Coral Springs' 55+ communities. Fewer closed sales generally indicate softer overall demand.
Absorption Rate
The absorption rate measures how quickly available homes are selling by comparing the number of sales to the number of months in the reporting period. A higher absorption rate generally indicates stronger buyer demand, while a lower absorption rate suggests homes are selling at a slower pace.
The absorption rate declined during the past year, indicating buyer demand has softened compared to earlier reporting periods.
Total Number of Active Listings
Active listings represent the number of homes currently available for sale. As inventory increases, buyers typically have more choices, while sellers face additional competition.
The total number of active listings increased throughout the year, providing buyers with more available homes to choose from.
Months of Housing Supply
Months of housing supply estimates how long it would take to sell all current listings if no additional homes entered the market. Lower housing supply generally favors sellers, while higher housing supply gives buyers greater negotiating leverage.
Housing supply increased to approximately nine months, nearly doubling from the prior seven-to-twelve-month period. This reflects a noticeably slower market where inventory is accumulating faster than homes are selling.
Median Comparable Sale Price
The median sale price represents the midpoint of all comparable sales, meaning half the homes sold for more and half sold for less.
Median sale prices fluctuated considerably throughout the year. Although prices increased during the current three-month period, the relatively small number of sales suggests caution when interpreting that increase because a limited number of higher-priced sales can influence the median.
Median Comparable List Price
Median list prices represent the midpoint of all comparable homes currently offered for sale.
List prices have remained relatively stable over the past year with only modest fluctuations, suggesting sellers have generally maintained similar pricing expectations despite slower market conditions.
Exposure and Marketing Time
Marketing time measures how long comparable properties typically remain on the market before going under contract. Longer marketing times generally indicate buyers have more time to make purchasing decisions.
Marketing time increased to approximately 143 days, placing typical exposure in the three-to-six-month range and indicating homes are remaining on the market considerably longer than earlier in the year.
What This Means for Buyers
Buyers currently have a favorable position in Coral Springs' 55+ market. With more inventory available and homes taking longer to sell, buyers generally have additional time to compare properties and negotiate favorable terms.
Working with an experienced Realtor can help identify well-priced opportunities while monitoring new listings that enter the market.
What This Means for Sellers
Sellers should recognize that today's market is more competitive than it was earlier in the year. Increased inventory, declining buyer activity, and longer marketing times make accurate pricing especially important.
Homes that are priced competitively based on recent comparable sales are more likely to attract qualified buyers and reduce extended marketing times.
Appraiser's Perspective
From an appraisal standpoint, the Coral Springs 55+ market appears stable with declining tendencies. Most market indicators—including settled sales, absorption rate, inventory levels, housing supply, and marketing times—reflect a slower market than earlier in the year. While median sale prices increased during the current three-month period, the limited number of sales makes it difficult to conclude that values are consistently increasing. Continued monitoring over future reporting periods will provide a better indication of long-term price direction.
Tom the Realtor's Perspective
If I were representing a buyer in today's Coral Springs 55+ market, I would encourage them to take their time. Homes are remaining on the market longer, inventory has increased, and buyers generally have more negotiating leverage than they did earlier in the year. We would carefully compare available properties, monitor new listings as they become available, and submit offers based on current market conditions without feeling pressured to move immediately.
If I were representing a seller, I would emphasize competitive pricing from the very beginning. Buyers have more choices today than they did earlier in the year, making it important for a home to compare favorably with competing listings. I would monitor showing activity closely and, if buyer interest is limited, review competing listings and recent comparable sales to determine whether a pricing adjustment is appropriate.
Search Coral Springs 55+ Homes
Whether you're buying or selling within one of Coral Springs' 55+ communities, understanding current market conditions is an important part of making informed real estate decisions.
As both a Florida Realtor and a Florida State-Certified Residential Real Estate Appraiser, I provide market insight based on current MLS statistics and professional valuation experience.
Visit TomDunphySellsRealEstate.com to search available homes and explore additional monthly market reports throughout South Florida.
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Contact Tom Dunphy
Tom Dunphy
Realtor – Fulton Grace Realty
Thomas J. Dunphy III
Florida State-Certified Residential Real Estate Appraiser, RD8755
APPRAIS
Residential Real Estate Appraisal Services
Whether you're buying, selling, investing, or simply following your neighborhood's market, I'd be happy to help you better understand today's real estate market.
Disclaimer
This market update is based on MLS statistical information available as of July 31, 2026, and is intended for general informational purposes only. Individual property values may vary based on location, condition, amenities, financing, and changing market conditions. Buyers and sellers should consult with a qualified real estate professional regarding their specific real estate goals.