Coral Gables Market Brief: Sales close in on $100 Million mark

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We are almost 3 months into the new year and the city of Coral Gables has had $88,224,438 in sales thus far. Twenty three of these closed sale have been over $1 million and the other 49 closed sales start at $167,200. The highest priced closed sale in the Gables was $8.5 million and closed on March 12th. The market has started out strong and from what I see out in the field there is plenty of momentum building behind it. I had two open houses this weekend and both had a stampede of buyers come in. This is the first time in a long time that buyers have walked into my open houses feeling confident about purchasing a home.

As the stock market pushes forward continues to increase consumer confidence, and buyers continue to take advantage of the tax credits available, we are going to see a great year for real estate! Call us today so we can help you to find the home you have always wanted!

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