Over the last 7 days there have been 6 closed sales ranging from $3,490,000 to $535,000. This brings the total closed inventory in Coral Gables to $128,332,182! So you have something to compare that number to; this time last year the total sales were at $82,024,897. As we have progressed into the 2nd quarter of the year, the closed sales continue to remain steady. There is some concern over the government’s tax credit exit however, home prices are now reaching a stage where we can start to hopefully see a nice inventory reduction!
If you would like to schedule a listing appointment or are interested in purchasing a home in Miami, please contact us at 305.329.7728 or by clicking the “contact” tab at the top of the page.
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