Pelican Isle Real Estate

Coral Springs Real Estate Market Overview
Coral Springs is a somewhat competitive housing market. Homes in this area typically sell in about 50 days, with some homes receiving multiple offers. The average homes in Coral Springs sell for roughly 3% below the listing price. "Hot" homes can sell for around the listing price and go pending in about 28 days. The sale-to-list price in Coral Springs is around 97.5%.

Recent Sales Trends in Coral Springs
The recent sales in Coral Springs show a mix of property types and prices. For example, a property on NW 48th Ct sold for $650,000, above its listing price, while another on SW 1st Ct Unit 13-F sold for $336,000, just below the asking price. These sales are indicative of a diverse range of options available in Coral Springs.

Living in Pelican Isles, Coral Springs
Pelican Isles is a townhouse and villa community located in the Wyndham Lakes division of Coral Springs. This community is known for its convenient location near A-rated schools and shopping centers. Amenities in Pelican Isles include a basketball court, pool, and cabana. Additionally, the units in Pelican Isles can be rented out immediately, offering flexibility for homeowners and investors.

Environmental Factors
Coral Springs, including areas like Pelican Isles, faces typical South Florida environmental risks. There's a minor risk of flooding and a moderate risk of wildfires. Additionally, the area has an extreme risk of severe wind events, typical of regions prone to hurricanes.

Investment Opportunities
For those looking to invest in real estate or find a new home, Coral Springs, and by extension, Pelican Isles, offers a stable market with potential for growth. The range of recently sold properties reflects the demand for homes in this area.

Real Estate Guidance
Navigating the Coral Springs real estate market, especially in specific communities like Pelican Isles, can be complex. Eduardo Acevedo at The RW Group at eXp Realty has the local expertise to assist you in finding a property that meets your needs, whether you're buying, selling, or investing.

In summary, Pelican Isles in Coral Springs offers a great living environment within a balanced and dynamic real estate market. With quality amenities, a variety of housing options, and a competitive market, it's an attractive choice for families and investors. For expert real estate services in this area, Eduardo Acevedo at The RW Group at eXp Realty is ready to assist you​​​​.

Pelican Isle - Town vs. County Stats

Avg Price in Pelican Isle: $7,933,300 / County Avg $829,100

957%

Avg Taxes in Pelican Isle: $77,200 / County Avg $9,500

811%

Avg Sq. Ft. in Pelican Isle: 7,336 / County Avg 1,853

396%

Avg Price per/sqft in Pelican Isle:$1081 / County Avg $448

242%

Avg Year Built in Pelican Isle: 2005 / County Avg 1981

101%

Avg Days on Website in Pelican Isle: 747 / County Avg 566

132%

Pelican Isle Real Estate Market Health

New Listings
Reductions
Foreclosures
Short Sales