As of today’s date there are 28 active and pending sales in Embassy Lakes, Cooper City, Florida The prices range from $260,000 to $650,000. ALL the pending sales are priced from $250,000 to $370,000. As you can see the lower priced homes are selling!!!!!
Short sales and REO’s (bank owned properties) are also on the rise which is having a great impact on the price of homes. Of the listed homes 75% are normal listings, 2% are bank owned and 18% are short sales.
We are in a rapidly changing market, with prices DROPPING daily. In order to sell your home, homeowner’s are advised to make sure that the listed price of the property is within the current comparative listed prices of homes in the area. Request a Comparative Market Analysis from your realtor before agreeing on a price!!!!!