What a great week it has been for the Coral Gables real estate market! Over the last 7 days there were 9 closings totaling $10,401,900. This brings the total closed sales in the Gables to $106,517,238. This time last year there were $83,930,645 in closed sales.
In 2009 this time last year, the average list price per square foot was $315 with an average sale price of $282 per square foot. Currently, there is an average list price of $355 per square foot with an average sale price of $302 per square foot!!! That is an increase of $20 per square foot on homes purchased last year!
If you have any questions or would like to buy or sell a home in Miami, please contact us at 305.329.7728 or email us by clicking the “contact” tab at the top of the page.