The Corals of Oakland Park – an exciting and vibrant neighborhood, is the eastern-most neighborhood in Oakland Park. It is bordered on the east by Federal Highway, on the south by Oakland Park Boulevard, the west by Dixie Highway, and on the north by NE 38th Street. Its location, proximity to the Beach (2 miles), and relative affordability (good value), make it a sought after neighborhood.
Surrounding and nearby neighborhoods include Coral Heights, Coral Ridge, Coral Shores, and Wilton Manors. Being close to these neighborhoods makes it an attractive alternative when buying a home. In addition, The Corals is within walking distance to Downtown Oakland Park (Main Street), a redevelopment area that has been designated a Culinary Arts District.
Real estate values of single family homes in The Corals have experienced an increase of 2.06% in average market prices year-to-date November, 2015, as compared to FY 2014. Year to date November 2015 average single-family home prices were $343,334, compared to $336,391 in 2014. Sellers are getting, on average, 93% of their list price, indicating a strong Neighborhood Seller’s market.
Further indication of the strong real estate market is that, on average, homes in the Corals are selling in 81 days, down from 95 days a year earlier.
The Gary Lanham Group at Coldwell Banker does the research, knows the numbers and is the Corals of Oakland Park Neighborhood expert. Whether you are considering buying or selling, we work hard at establishing values and getting you the most for your real estate investment.
December 5, 2015
Rick J. Turturro
Director – Finance & Analysis, Broker Associate
Corals of Oakland Park – An Exciting and Vibrant Neighborhood
FOR MORE INFORMATION REGARDING THE HOTTEST REAL ESTATE IN FORT LAUDERDALE, FLORIDA PLEASE CONTACT THE GARY LANHAM GROUP
Gary Lanham Group • Coldwell Banker Residential Real Estate
4757 North Ocean Boulevard, Fort Lauderdale, FL 33308
+1 (954) 545-5550
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AREAS AND NEIGHBORHOODS
FORT LAUDERDALE BEACH, BOCA FALLS, CORAL RIDGE, CORAL RIDGE COUNTRY CLUB, IMPERIAL POINT, LAKE RIDGE, LAS OLAS, OAKLAND PARK, PEMBROKE PINES, PLANTATION, POINSETTIA HEIGHTS, POMPANO BEACH, SAILBOAT BEND, TARPON RIVER, VICTORIA PARK, WILTON MANORS, LAUDERDALE BY THE SEA, CORAL RIDGE ISLES, SOUTH MIDDLE RIVER, GALT OCEAN MILE, SANTA BARBARA SHORES, BAY COLONY, TERRA MAR, OLD POMPANO, SNUG HARBOR, CYPRESS HARBOR, GARDEN ISLES
Best Real Estate Buys in Florida; Rick Turturro Realtor, Richard Rogowski Realtor, Neal Shaffer Realtor, Glenn Yee Realtor, Scott Ryan Realtor, Michael Hudec Realtor, George Moraitis, Jr, Esquire, Gary Lanham Realtor