Sunday, February 20, 2011

Deerfield Beach Florida Real Estate Market

Deerfield Beach, a city in Broward County, Florida has been one of the top destinations for those who want to experience an ultimate vacation. This city also has one of the biggest retirement communities. Deerfield’s sunny climate and beach paradise makes it inviting to those who want to get away from the hasty lifestyle of the metropolitan. From basketball, golf to Jai alai, whatever activity you are into, Deerfield Beach can truly serve you.
Deerfield Beach

From the beginning, Deerfield Beach has been the favorite city for those who want to enjoy a peaceful living as well as for those who retire. Even Deerfield’s best condominiums like the Ocean Plaza Luxury Townhomes & Condo and Puerta Del Sol Luxury Condos are well-made yet can be sold at a reasonable price.

You also don’t have to worry about living in this city because you are assured that in every neighborhood, there’s always an association that settles conflicts, initiates improvement (whether for recreational activities or security issues) and support you in times of joy and despair. Here are some of the city’s neighborhood associations : Boca Pines HOA, Coco Cay Condo Association,Concord Green HOA, Cresthaven, Heritage Circle Condominiums, Twin Oaks Association of Homeowners, W.E. C.A.R.E at Watergate Estates, andWincast Arms North Condo Assn.

For retirees who are looking for new homes, living in Deerfield Beach can give them the chance to live near the water – either the beach or the intercoastal. As a matter of fact, Deerfield Beach is home to one of America's oldest and largest active adult communities, Century Village. This diverse city has a great sunny climate that even in winter the weather is warm. Many apartment buildings also offer carefree living and at varying degrees of amenities. In Deerfield, you can also choose to live in one of the several gated communities in the town or surrounding area. Aside from the numerous real estate innovations from the private sector, the local government is also making significant projects for the benefit of the residents. One of these is the beach nourishment project will involve the placement of approximately 25,000 cubic yards of sand on the public beach from SE 6th Street to SE 10th Street.

On the other hand, here’s an overview of the real estate market of Deerfield. The median sales price for homes in ZIP code 33441 in Deerfield Beach from Nov 10 to Jan 11 was $90,000 based on 109 sales. Compared to the same period one year ago, the median sales price decreased 25%, or $30,000, and the number of sales increased 1.9%. Average price per square foot for homes in 33441 was $101, a decrease of 10.6% compared to the same period last year. There are currently 452 resale and new homes in ZIP code 33441 on Trulia, including 373 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 33441 was $323,578 for the week ending Feb 09, which represents a decrease of 0.2%, or $545, compared to the prior week. Popular ZIP codes in Deerfield Beach include 33441 and 33442, with average listing prices of $323,578 and $117,054.

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