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Appraisals
Coral Springs Florida Median Home Price Stats - updated 06/30/09
Average Listing Price
$282,844 - Down $979 - / -0.3% w-o-w
Week ending June 24

Median Sale Price
$215,000 - Down $110,000 - / -33.8% y-o-y

The median sales price for homes in Coral Springs FL was $215,000 down $110,000 or 33.8%.  There are 1517
Pre-Foreclosures and 914 Bank Owned Properties in the Coral Springs market place as per RealtyTrac.com.

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ValuTech Services
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Coral Springs Florida Market History
Coral Springs, officially chartered July 10, 1963, is a city in Broward County, Florida, United States, approximately 20
miles (32 km) northwest of Fort Lauderdale, Florida.

The city was master-planned and primarily developed by WCI Communities, then known as Coral Ridge Properties,
a division of Westinghouse. The city's name is derived from the company's name, and was selected after several
earlier proposals had been considered and rejected. Despite the name, there are no springs in the city; Florida's
springs are found in the central and northern portions of the state.

During the 1970s, 1980s and 1990s, the young city grew rapidly, adding over 35,000 residents each decade. Coral
Springs has a distinctive atmosphere among South Florida cities, due in part to its stringent codes designed to
maintain the city's aesthetic appeal. The city government's effective fiscal management has maintained high bond
ratings, and the city has won accolades for its overall livability, its low crime rate, and its family-friendly orientation.