Coral Springs Home Prices Rise as Inventory Drops: What Homeowners Should Know

September 2026 Coral Springs Real Estate Market Update | Latest Available July 2026 Data

By Elizabeth Piscocama, REALTOR® | The Keyes Company

If you own a home in Coral Springs, one of the biggest questions you may have right now is simple: How is the Coral Springs real estate market doing?

The latest numbers tell an interesting story.

In July 2026, the median sale price for a single-family home in Coral Springs reached $720,000, up 6.1% from one year ago. At the same time, the number of homes available for sale dropped significantly, with active inventory falling 45% year over year.

But there is another number that deserves attention: closed sales were down 26.7%.

At first, those numbers may seem contradictory. How can fewer homes be selling while prices are rising?

The answer becomes clearer when we look at the entire Coral Springs housing market rather than any one statistic.

Coral Springs Housing Market at a Glance

According to Florida Realtors® SunStats, Coral Springs single-family homes recorded the following results for July 2026:

These numbers give us a much better picture of what is actually happening.

Why Are Coral Springs Home Prices Rising While Sales Are Down?

This is probably the most important question in the July numbers.

Coral Springs had 74 closed single-family sales in July, compared with 101 one year earlier, a decline of 26.7%.

Normally, a large decline in sales might sound like weakness.

But look at what happened to supply.

Active inventory dropped from 358 homes in July 2025 to only 197 in July 2026.

That is a 45% decline in the number of homes available for sale.

New listings also declined substantially, from 126 to 96.

In other words, buyers had significantly fewer homes to choose from.

That helps explain why looking only at the number of closed sales can give homeowners an incomplete picture of the Coral Springs real estate market. Fewer transactions are taking place, but they are also occurring in a market with dramatically less available inventory.

Meanwhile, the median sale price increased to $720,000.

Coral Springs Has Only 2.5 Months of Housing Inventory

One of the numbers I pay particularly close attention to as a local REALTOR® is months of supply.

Coral Springs had just 2.5 months of single-family home inventory in July, compared with 4.7 months one year earlier.

That represents a 46.8% decline.

Why does this matter?

Months of supply estimates how long the existing inventory could last at the current pace of sales if no additional homes were listed.

At 2.5 months, Coral Springs has relatively limited single-family inventory.

This is also consistent with the broader South Florida analysis from MIAMI REALTORS®, which specifically identified Coral Springs among Broward County communities with approximately three months of supply or less as inventory tightened across the region.

The regional trend matters, but the Coral Springs numbers are even more important for local homeowners.

Homes Are Reaching Contract Faster

Another important change is how quickly properties are moving toward contract.

The median Coral Springs single-family home took 22 days to go under contract in July 2026, compared with 33 days one year earlier.

That's 11 fewer days.

The median time from listing to completed sale also declined from 73 days to 57 days.

And while new listings declined 23.8%, new pending sales increased 4.9%.

Together, these numbers suggest that buyer activity has remained meaningful despite fewer homes entering the market.

But there is an important distinction for sellers.

Low inventory does not mean every home will automatically sell quickly.

Price, condition, presentation, marketing and competition still matter.

What Does This Mean for Coral Springs Homeowners Thinking About Selling?

For a homeowner considering selling a house in Coral Springs, the current numbers create an interesting environment.

There are substantially fewer active homes competing for buyers than there were a year ago. The median sale price is higher. Homes that reach contract are doing so faster, based on the July median. And the supply of available single-family homes has tightened considerably.

However, sellers should not interpret that as permission to choose any asking price.

Coral Springs sellers received a median 96.4% of their original list price in July.

That means pricing strategy still matters.

A property that enters the market correctly positioned has the opportunity to take advantage of limited competition. A property that is overpriced or poorly presented can still sit on the market while buyers choose another home.

That distinction is especially important in a market like this one.

How Does Coral Springs Compare With Broward County?

The broader Broward County market provides useful context.

In July 2026, Broward County single-family home sales increased 8% year over year, while the median sale price rose 4.8% to $650,000. Active inventory fell 24.9%, and months of supply declined to 4.3 months.

Compare that with Coral Springs:

Coral Springs median price: $720,000

Coral Springs inventory decline: 45%

Coral Springs months of supply: 2.5

So while inventory tightened across Broward County, the July data shows an even sharper contraction in available single-family inventory in Coral Springs.

That is one of the most important local trends I will continue watching.

What I Am Watching Next in the Coral Springs Real Estate Market

One month never tells the entire story.

Over the next several months, I will be watching whether inventory remains this low, whether new listings begin increasing, whether pending activity continues to hold up, and whether Coral Springs home prices maintain their current direction.

I will also continue monitoring individual Coral Springs neighborhoods because citywide statistics do not determine the value of a specific home.

Two houses within the same city can perform very differently depending on the neighborhood, waterfront location, lot, renovations, condition, floor plan, pool, comparable sales and current competition.

That is why a citywide market report is useful for understanding direction, but determining what your Coral Springs home may be worth requires a property-specific analysis.

The Bottom Line for Coral Springs

The July 2026 numbers do not tell the story of a simple slowdown.

They show a Coral Springs single-family market with fewer closed sales but substantially fewer homes available for buyers, while the median sale price increased to $720,000 and the typical time to contract shortened.

For homeowners, the biggest number to watch may be inventory.

If the supply of homes remains limited while buyer activity continues, sellers may continue to face less competition than they did a year ago.

But successful selling still comes down to the individual property, the competition and the strategy used to bring that home to market.

Curious What Your Coral Springs Home Is Worth?

If you're considering selling your home in Coral Springs, Florida, or simply want to understand how the latest market conditions may affect your property's value, I can prepare a property-specific home value analysis based on recent comparable sales and current competition.

Elizabeth Piscocama, REALTOR®
The Keyes Company
Coral Springs, Florida
305-901-9809
elizabethinvierte.com

Designations & Certifications
Artificial Intelligence Powered Real Estate Professional Certificate, REBI
Real Estate Negotiation Expert, RENE
Pricing Strategy Advisor, PSA

Local insight. Real value.