{"id":40003,"date":"2010-09-03T23:48:45","date_gmt":"2010-09-03T23:48:45","guid":{"rendered":"http:\/\/planetmiamirealestate.com\/2010\/09\/03\/comparing-distressed-and-regular-sales-in-downtown-coral-gables\/"},"modified":"2019-04-22T20:22:47","modified_gmt":"2019-04-22T20:22:47","slug":"comparing-distressed-and-regular-sales-in-downtown-coral-gables","status":"publish","type":"post","link":"https:\/\/ewmrealestate.com\/blog\/comparing-distressed-and-regular-sales-in-downtown-coral-gables\/","title":{"rendered":"Comparing Distressed and Regular Sales in Downtown Coral Gables"},"content":{"rendered":"

One of my buyers who is looking at newer condos around downtown Coral Gables asked about the possible deals he could find by looking at only short sales and foreclosures.<\/p>\n

Looking at the recent activity of condos priced no higher than $500,000 there are alot more regular sales on the market, but\u00a0the bulk of closed and pending sales are\u00a0distressed properties.<\/p>\n\n\n\n\n\n\n\n\n
Status<\/strong><\/td>\nRegular Sales<\/strong><\/td>\nShort Sales & Foreclosures<\/strong><\/td>\n<\/tr>\n
On market now<\/strong><\/td>\n39<\/strong><\/td>\n18<\/strong><\/td>\n<\/tr>\n
Closed sales<\/strong><\/td>\n7<\/strong><\/td>\n14<\/strong><\/td>\n<\/tr>\n
Under contract<\/strong><\/td>\n0<\/strong><\/td>\n 9<\/strong><\/td>\n<\/tr>\n
List price per sq ft average<\/strong><\/td>\n$324<\/strong><\/td>\n$209<\/strong><\/td>\n<\/tr>\n
Sale price per sq ft average<\/strong><\/td>\n$222<\/strong><\/td>\n$191<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

The average list price of a regular sale is just over $357,000 and the average\u00a0sale price for the same is$238,000. The distressed properties average\u00a0list price of\u00a0$229,000 is so\u00a0much closer to what they eventually sell for, $222,000, that it\u00a0stands to reason\u00a0more buyers are willing to wait out the oftentimes glacial process of purchasing a short sale or foreclosure.<\/p>\n

The regular sales average about 7% more\u00a0in sale price and sell a month sooner, which\u00a0could be attributed to their being in\u00a0better condition and easier to negotiate and close.<\/p>\n

See all non distressed condos on the market near downtown Coral Gables here<\/a><\/strong><\/p>\n

Check available short sales and foreclosed condos under $500,000 here<\/a><\/strong><\/p>\n

Here are 2010 sales in the area of regular sales<\/a><\/strong><\/p>\n

Click here to see the closed short sales and foreclosures this year<\/a><\/strong><\/p>\n

If you are buying, selling or renting in Coral Gables you need a local specialist. Call me at 305 794.6570<\/span><\/strong> or leave me a note here.<\/a> <\/strong><\/p>\n

If you enjoyed reading this article, why not Subscribe<\/a><\/strong> to receive the next one? Once you register, you must activate the subscription in a follow-up email.<\/p>\n","protected":false},"excerpt":{"rendered":"

One of my buyers who is looking at newer condos around downtown Coral Gables asked about the possible deals he could find by looking at only short sales and foreclosures. Looking at the recent activity of condos priced no higher than $500,000 there are alot more regular sales on the market, but\u00a0the bulk of closed<\/p>\n

Read More<\/a><\/p>\n","protected":false},"author":5571,"featured_media":130092,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_expiration-date-status":"saved","_expiration-date":0,"_expiration-date-type":"","_expiration-date-categories":[],"_expiration-date-options":[]},"categories":[12269],"tags":[],"yoast_head":"\nComparing Distressed and Regular Sales in Downtown Coral Gables - BHHS EWM Realty<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ewmrealestate.com\/blog\/comparing-distressed-and-regular-sales-in-downtown-coral-gables\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Comparing Distressed and Regular Sales in Downtown Coral Gables - BHHS EWM Realty\" \/>\n<meta property=\"og:description\" content=\"One of my buyers who is looking at newer condos around downtown Coral Gables asked about the possible deals he could find by looking at only short sales and foreclosures. Looking at the recent activity of condos priced no higher than $500,000 there are alot more regular sales on the market, but\u00a0the bulk of closedRead More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ewmrealestate.com\/blog\/comparing-distressed-and-regular-sales-in-downtown-coral-gables\/\" \/>\n<meta property=\"og:site_name\" content=\"BHHS EWM Realty\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/EWMRealtyInternational\" \/>\n<meta property=\"article:published_time\" content=\"2010-09-03T23:48:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-04-22T20:22:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ewmrealestate.com\/blog\/wp-content\/uploads\/2019\/06\/BHHS-On-Solid-Background.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"376\" \/>\n\t<meta property=\"og:image:height\" content=\"376\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Beth Kipnis\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Beth Kipnis\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/comparing-distressed-and-regular-sales-in-downtown-coral-gables\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/comparing-distressed-and-regular-sales-in-downtown-coral-gables\/\"},\"author\":{\"name\":\"Beth Kipnis\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#\/schema\/person\/7055ae81a0024c01c235983110cc5d25\"},\"headline\":\"Comparing Distressed and Regular Sales in Downtown Coral Gables\",\"datePublished\":\"2010-09-03T23:48:45+00:00\",\"dateModified\":\"2019-04-22T20:22:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/comparing-distressed-and-regular-sales-in-downtown-coral-gables\/\"},\"wordCount\":279,\"publisher\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#organization\"},\"articleSection\":[\"In The News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/comparing-distressed-and-regular-sales-in-downtown-coral-gables\/\",\"url\":\"https:\/\/ewmrealestate.com\/blog\/comparing-distressed-and-regular-sales-in-downtown-coral-gables\/\",\"name\":\"Comparing Distressed and Regular Sales in Downtown Coral Gables - BHHS EWM Realty\",\"isPartOf\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#website\"},\"datePublished\":\"2010-09-03T23:48:45+00:00\",\"dateModified\":\"2019-04-22T20:22:47+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/comparing-distressed-and-regular-sales-in-downtown-coral-gables\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ewmrealestate.com\/blog\/comparing-distressed-and-regular-sales-in-downtown-coral-gables\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/comparing-distressed-and-regular-sales-in-downtown-coral-gables\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ewmrealestate.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Comparing Distressed and Regular Sales in Downtown Coral Gables\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#website\",\"url\":\"https:\/\/ewmrealestate.com\/blog\/\",\"name\":\"BHHS EWM Realty\",\"description\":\"Blog\",\"publisher\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ewmrealestate.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#organization\",\"name\":\"BHHS EWM Realty\",\"url\":\"https:\/\/ewmrealestate.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ewmrealestate.com\/blog\/wp-content\/uploads\/2019\/06\/BHHSLogo2_2019.png\",\"contentUrl\":\"https:\/\/ewmrealestate.com\/blog\/wp-content\/uploads\/2019\/06\/BHHSLogo2_2019.png\",\"width\":1804,\"height\":345,\"caption\":\"BHHS EWM Realty\"},\"image\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/instagram.com\/ewmrealty\/\",\"https:\/\/www.facebook.com\/EWMRealtyInternational\",\"https:\/\/twitter.com\/ewmrealty\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#\/schema\/person\/7055ae81a0024c01c235983110cc5d25\",\"name\":\"Beth Kipnis\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ec368bba24378e6641d406b1b9c9a80b?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ec368bba24378e6641d406b1b9c9a80b?s=96&d=mm&r=g\",\"caption\":\"Beth Kipnis\"},\"url\":\"https:\/\/ewmrealestate.com\/blog\/author\/bethkipnis\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Comparing Distressed and Regular Sales in Downtown Coral Gables - BHHS EWM Realty","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ewmrealestate.com\/blog\/comparing-distressed-and-regular-sales-in-downtown-coral-gables\/","og_locale":"en_US","og_type":"article","og_title":"Comparing Distressed and Regular Sales in Downtown Coral Gables - BHHS EWM Realty","og_description":"One of my buyers who is looking at newer condos around downtown Coral Gables asked about the possible deals he could find by looking at only short sales and foreclosures. Looking at the recent activity of condos priced no higher than $500,000 there are alot more regular sales on the market, but\u00a0the bulk of closedRead More","og_url":"https:\/\/ewmrealestate.com\/blog\/comparing-distressed-and-regular-sales-in-downtown-coral-gables\/","og_site_name":"BHHS EWM Realty","article_publisher":"https:\/\/www.facebook.com\/EWMRealtyInternational","article_published_time":"2010-09-03T23:48:45+00:00","article_modified_time":"2019-04-22T20:22:47+00:00","og_image":[{"width":376,"height":376,"url":"https:\/\/ewmrealestate.com\/blog\/wp-content\/uploads\/2019\/06\/BHHS-On-Solid-Background.jpg","type":"image\/jpeg"}],"author":"Beth Kipnis","twitter_misc":{"Written by":"Beth Kipnis","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ewmrealestate.com\/blog\/comparing-distressed-and-regular-sales-in-downtown-coral-gables\/#article","isPartOf":{"@id":"https:\/\/ewmrealestate.com\/blog\/comparing-distressed-and-regular-sales-in-downtown-coral-gables\/"},"author":{"name":"Beth Kipnis","@id":"https:\/\/ewmrealestate.com\/blog\/#\/schema\/person\/7055ae81a0024c01c235983110cc5d25"},"headline":"Comparing Distressed and Regular Sales in Downtown Coral Gables","datePublished":"2010-09-03T23:48:45+00:00","dateModified":"2019-04-22T20:22:47+00:00","mainEntityOfPage":{"@id":"https:\/\/ewmrealestate.com\/blog\/comparing-distressed-and-regular-sales-in-downtown-coral-gables\/"},"wordCount":279,"publisher":{"@id":"https:\/\/ewmrealestate.com\/blog\/#organization"},"articleSection":["In The News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/ewmrealestate.com\/blog\/comparing-distressed-and-regular-sales-in-downtown-coral-gables\/","url":"https:\/\/ewmrealestate.com\/blog\/comparing-distressed-and-regular-sales-in-downtown-coral-gables\/","name":"Comparing Distressed and Regular Sales in Downtown Coral Gables - BHHS EWM Realty","isPartOf":{"@id":"https:\/\/ewmrealestate.com\/blog\/#website"},"datePublished":"2010-09-03T23:48:45+00:00","dateModified":"2019-04-22T20:22:47+00:00","breadcrumb":{"@id":"https:\/\/ewmrealestate.com\/blog\/comparing-distressed-and-regular-sales-in-downtown-coral-gables\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ewmrealestate.com\/blog\/comparing-distressed-and-regular-sales-in-downtown-coral-gables\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ewmrealestate.com\/blog\/comparing-distressed-and-regular-sales-in-downtown-coral-gables\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ewmrealestate.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Comparing Distressed and Regular Sales in Downtown Coral Gables"}]},{"@type":"WebSite","@id":"https:\/\/ewmrealestate.com\/blog\/#website","url":"https:\/\/ewmrealestate.com\/blog\/","name":"BHHS EWM Realty","description":"Blog","publisher":{"@id":"https:\/\/ewmrealestate.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ewmrealestate.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ewmrealestate.com\/blog\/#organization","name":"BHHS EWM Realty","url":"https:\/\/ewmrealestate.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ewmrealestate.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/ewmrealestate.com\/blog\/wp-content\/uploads\/2019\/06\/BHHSLogo2_2019.png","contentUrl":"https:\/\/ewmrealestate.com\/blog\/wp-content\/uploads\/2019\/06\/BHHSLogo2_2019.png","width":1804,"height":345,"caption":"BHHS EWM Realty"},"image":{"@id":"https:\/\/ewmrealestate.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/instagram.com\/ewmrealty\/","https:\/\/www.facebook.com\/EWMRealtyInternational","https:\/\/twitter.com\/ewmrealty"]},{"@type":"Person","@id":"https:\/\/ewmrealestate.com\/blog\/#\/schema\/person\/7055ae81a0024c01c235983110cc5d25","name":"Beth Kipnis","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ewmrealestate.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ec368bba24378e6641d406b1b9c9a80b?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ec368bba24378e6641d406b1b9c9a80b?s=96&d=mm&r=g","caption":"Beth Kipnis"},"url":"https:\/\/ewmrealestate.com\/blog\/author\/bethkipnis\/"}]}},"_links":{"self":[{"href":"https:\/\/ewmrealestate.com\/blog\/wp-json\/wp\/v2\/posts\/40003"}],"collection":[{"href":"https:\/\/ewmrealestate.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ewmrealestate.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ewmrealestate.com\/blog\/wp-json\/wp\/v2\/users\/5571"}],"replies":[{"embeddable":true,"href":"https:\/\/ewmrealestate.com\/blog\/wp-json\/wp\/v2\/comments?post=40003"}],"version-history":[{"count":1,"href":"https:\/\/ewmrealestate.com\/blog\/wp-json\/wp\/v2\/posts\/40003\/revisions"}],"predecessor-version":[{"id":123527,"href":"https:\/\/ewmrealestate.com\/blog\/wp-json\/wp\/v2\/posts\/40003\/revisions\/123527"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ewmrealestate.com\/blog\/wp-json\/wp\/v2\/media\/130092"}],"wp:attachment":[{"href":"https:\/\/ewmrealestate.com\/blog\/wp-json\/wp\/v2\/media?parent=40003"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ewmrealestate.com\/blog\/wp-json\/wp\/v2\/categories?post=40003"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ewmrealestate.com\/blog\/wp-json\/wp\/v2\/tags?post=40003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}