Evaluating Pending Sales over the past 30 days , and there have been 33 in as many days, indicates value depends on where you live, whether you are a distressed sale, on the Coral Gables water front or golf course, lot size and degree of renovations. Most noteworthy is the approximate $100.00 difference in price per sqft between distressed and fair market sales. Here are the general average price per sqft results :
Fair Market Sales: average list price: $888,500 or $304.77 per sqft
Water Front Sales: average list price: $1,508,000 or $484.58 per sqft (ocean access)
Distressed Sales (short sales & foreclosures): average list price: $502,483 or $212.12 per sqft
Know the market, call Sheryl DiCarlo, 305.332.3256, 
before your next real estate move.