Coral Gables: This Week's Closed Sales

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

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