Coral Springs Detached Homes Market Update (Excluding 55+ Communities) – July 2026
Tom Dunphy Realtor (Fulton Grace Realty)
TomDunphySellsRealEstate.com
Thomas J. Dunphy III
Florida State-Certified Residential Real Estate Appraiser, RD8755
Coral Springs Detached Housing Market Overview
Coral Springs continues to demonstrate a healthy detached home market for properties outside of 55+ communities. Buyer demand remains steady, inventory has increased modestly, and homes that are priced appropriately continue to sell in a relatively short period of time. While more listings have entered the market, buyer activity has kept pace, resulting in a balanced market with some increasing tendencies.
Understanding the Numbers
Total Number of Settled Sales
The number of settled sales increased over the current six-month period when compared to the prior seven to twelve months, reflecting continued buyer activity throughout the market.
Absorption Rate
The absorption rate increased to 93.0, indicating buyers are purchasing homes at a faster pace than earlier in the year. This increase has helped offset the rise in available inventory.
Active Listings
Active listings increased over the current three-month period. While additional inventory provides buyers with more options, the increase has not significantly shifted overall market conditions due to continued buyer demand.
Months of Housing Supply
Housing supply currently stands at approximately two months. Although this is slightly higher than earlier periods, it still reflects a relatively tight market where supply remains limited compared to buyer demand.
Sale Prices
Median comparable sale prices have remained generally stable over the past year while showing an increase during the current three-month period. This suggests modest upward price movement as demand continues to support values.
Marketing Time
Marketing times have declined significantly, with the median marketing period falling to only 17 days. Well-priced homes continue to attract buyers relatively quickly.
What This Means for Buyers
Coral Springs remains a competitive market for detached homes outside of 55+ communities. Buyers should be prepared to act when desirable properties become available, particularly homes that are well maintained and priced appropriately. Having financing arranged and working closely with a knowledgeable Realtor can improve the chances of securing a home in a competitive environment.
What This Means for Sellers
Sellers continue to benefit from favorable market conditions. Although listing inventory has increased, buyer demand has remained strong enough to absorb new listings efficiently. Pricing a property based on current comparable sales rather than testing the market remains the best strategy for generating interest and achieving a successful sale.
Appraiser's Perspective
From an appraisal standpoint, Coral Springs detached homes outside of 55+ communities reflect a stable market with increasing tendencies. While active listings have reached their highest level of the past year, the increase in the absorption rate and the relatively low housing supply indicate that demand continues to support the market. The recent increase in median sale prices and declining marketing times further support stable market conditions with modest upward momentum.
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Related Market Reports
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Contact Tom Dunphy
Tom Dunphy
Realtor – Fulton Grace Realty
Florida State-Certified Residential Real Estate Appraiser (RD8755)
Whether you're buying, selling, or simply monitoring your neighborhood, I'm always happy to help explain the market.
Disclaimer
This market update is based on MLS statistical data available as of July 31, 2026, and is intended for general informational purposes only. Real estate markets can change over time, and individual property values may vary based on location, condition, features, and other market influences. Buyers and sellers should consult with a qualified real estate professional regarding their specific situation.