Take a look at this week’s closed Coral Gables sales! There were 14 in all, including two closed sales in Gables Estates. One of which was Pat Riley’s home, coach of the Miami Heat. It had the largest price-to-sale difference; listed for $23 million and selling at $16,700,000. The average List Price to Sold Price was a stellar 91%, and of the 14 sales, half of them sold above $1,000,000. Only two of the sales were distressed, one short-sale and one foreclosed.
Look for my next blog about the recent price reductions, as these are the most likely to sell next!
Know the market, call Sheryl DiCarlo, 305.332.3256, before you make your next real estate move.
221 Viscaya 3/2 425,000 $ 380,000
314 Velarde Av 3/2 449,800 420,000
5724 Michelangelo St 3/2 590,000 510,000
424 Miller Rd 5/3 699,000 675,000
818 Obispo Av 4/3 869,000 800,000
3400 Alhambra Cr 4/3 895,000 875,000
1321 Coral Wy 5/4 1,190,000 1,090,000
7528 Los Pinos Bl 4/5.5 1,419,000 1,350,000
500 Hardee Rd 5/4 1,750,000 1,600,000
166 Isla Dorada Bl 5/5.5 2,400.000 2,300,000
8021 Old Cutler Rd 3/2.5 3,316,600 2,850,000
585 Arvida Pw 4/4.2 5,999,000 5,860,000
180 Arvida Pw 5/8 23,000,00 16,750,000