Ramblewood Home Prices – Coral Springs
The neighborhood of Ramblewood is located in the southeast section of Coral Springs. It is boarded by Royal Palm Blvd, the city of Margate, Atlantic Blvd and University Drive. The neighborhood has a mix of single family homes, condominiums, townhomes, and apartments. It is close proximity to the Coral Square Mall, Franks Movies Theater, multiple restaurants, shops and grocery stores.
The single family homes in the neighborhood were built in the 1970’s and early 1980’s. Some smaller subdivisions do have newer aged homes. Most homes are one story ranches and have concrete block construction. Close to 75% of homes have an in ground swimming pool. The typical site sizes range from 5,000 sf to 30,000 sf.
From October 2015 to October 2016 home prices have appreciated 9.5%.
Home Prices – Ramblewood
The median home price in the past six months (04/13/2016 thru 10/12/2016) was $344,800. The median home price for the same period last year was $315,000. The average days on market over the past six months has been 83 and the same time last year the days on market was 44.
Between 2007 and 2011 home prices in Ramblewood declined 43%, this was during the Great Recession. The median home price in Oct 2007 was $375,000 and the median price in Oct 2011 was $213,500. Since 2011 the market has recovered and appreciated 60% (from Oct 2011 to Oct 2016).
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