{"id":75548,"date":"2013-12-13T00:20:57","date_gmt":"2013-12-13T00:20:57","guid":{"rendered":"https:\/\/www.ewmrealestate.com\/blog\/?p=75548"},"modified":"2019-04-19T20:09:00","modified_gmt":"2019-04-19T20:09:00","slug":"coral-gables-real-estate-market-update","status":"publish","type":"post","link":"https:\/\/ewmrealestate.com\/blog\/coral-gables-real-estate-market-update\/","title":{"rendered":"Coral Gables Real Estate Market Update"},"content":{"rendered":"<p style=\"text-align: center;\"><a href=\"http:\/\/ashleycusack.com\/wp-content\/uploads\/2013\/12\/Coral-Gables-water-tower.jpg\"><img loading=\"lazy\" class=\"aligncenter  wp-image-3636\" alt=\"Coral Gables water tower\" src=\"http:\/\/ashleycusack.com\/wp-content\/uploads\/2013\/12\/Coral-Gables-water-tower.jpg\" width=\"254\" height=\"383\" \/><\/a><\/p>\n<p style=\"text-align: left;\">I have talked a lot recently about our improved real estate market in Miami and all of South Florida but haven\u2019t been specific recently with statistics. Here is an update on non-waterfront homes in <a href=\"http:\/\/ashleycusack.com\/neighborhoods\/coral-gables\/\" target=\"_blank\" rel=\"noopener noreferrer\">Coral Gables<\/a> to show you what our market looks like.<\/p>\n<p style=\"text-align: left;\">At the end of November, there were 289 homes on the market, 59 closed sales that month and 43 pending sales. Inventory has remained steady for the past 2 years, but the average price\/sqft has increased almost 20% from $286 in November 2011 to $342 now. Today homes are selling on average for 95% of the asking price, whereas they were selling at 90% of asking 2 years ago. The average days on market has also dropped substantially \u2013 from 97 days in 2011 to 58 days now.<\/p>\n<p style=\"text-align: left;\">We currently have 5 months of inventory, just shy of 6 months which is considered \u201chealthy\u201d. We are seeing more investors and cash buyers than ever, and hope to see even more improvements in 2014!<\/p>\n<p><img class=\"aligncenter\" style=\"margin-bottom: -20px; margin-top: -10px;\" alt=\"Luxury Miami Real Estate\" src=\"http:\/\/ashleycusack.com\/images\/ac-tag.png\" align=\"middle\" \/><\/p>\n<p><em>My focused dedication as a realtor in my home town of Miami for over 20 years, consistently puts me at the top of my field. Whether you\u2019re looking to buy or sell your home, let me help you from start to finish with my results-proven: professional marketing, excellent property exposure and comprehensive experience.<\/em><\/p>\n<p><em>As the #3 Realtor company-wide at EWM in 2012 with over $55 Million in sales, my focus is on\u00a0<a title=\"Coral Gables Real Estate\" href=\"http:\/\/ashleycusack.com\/neighborhoods\/coconut-grove\/\" target=\"_blank\" rel=\"noopener noreferrer\">Coral Gables<\/a>,<a title=\"Coconut Grove Real Estate\" href=\"http:\/\/ashleycusack.com\/neighborhoods\/coconut-grove\/\" target=\"_blank\" rel=\"noopener noreferrer\">Coconut Grove<\/a>,\u00a0<a title=\"Pinecrest Real Estate\" href=\"http:\/\/ashleycusack.com\/neighborhoods\/pinecrest\/\" target=\"_blank\" rel=\"noopener noreferrer\">Pinecrest<\/a>\u00a0and\u00a0<a title=\"South Miami Real Estate\" href=\"http:\/\/ashleycusack.com\/neighborhoods\/south-miami\/\" target=\"_blank\" rel=\"noopener noreferrer\">South Miami<\/a>\u00a0\u2014 specializing in luxury real estate and waterfront properties. Call me today and let\u2019s get started!<\/em><\/p>\n<p>305.798.8685 |\u00a0<a title=\"Luxury Miami Realtor\" href=\"mailto:ashley@ashleycusack.com\">ashley@ashleycusack.com<\/a>\u00a0|\u00a0<a title=\"My Facebook Page\" href=\"https:\/\/www.facebook.com\/AshleyCusack\" target=\"_blank\" rel=\"noopener noreferrer\">Facebook<\/a>\u00a0|\u00a0<a title=\"Ashley Cusack YouTube Channel\" href=\"http:\/\/www.youtube.com\/channel\/UCHLvJUbwWADpI7iX12DutaQ\" target=\"_blank\" rel=\"noopener noreferrer\">YouTube<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I have talked a lot recently about our improved real estate market in Miami and all of South Florida but haven\u2019t been specific recently with statistics. Here is an update on non-waterfront homes in Coral Gables to show you what our market looks like. At the end of November, there were 289 homes on the<\/p>\n<p class=\"more-link\"><a href=\"https:\/\/ewmrealestate.com\/blog\/coral-gables-real-estate-market-update\/\" class=\"themebutton2\">Read More<\/a><\/p>\n","protected":false},"author":5385,"featured_media":130092,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_expiration-date-status":"saved","_expiration-date":0,"_expiration-date-type":"","_expiration-date-categories":[],"_expiration-date-options":[]},"categories":[11767],"tags":[3067],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Coral Gables Real Estate Market Update - 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\/coral-gables-real-estate-market-update\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Coral Gables Real Estate Market Update - BHHS EWM Realty\" \/>\n<meta property=\"og:description\" content=\"I have talked a lot recently about our improved real estate market in Miami and all of South Florida but haven\u2019t been specific recently with statistics. Here is an update on non-waterfront homes in Coral Gables to show you what our market looks like. At the end of November, there were 289 homes on theRead More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ewmrealestate.com\/blog\/coral-gables-real-estate-market-update\/\" \/>\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=\"2013-12-13T00:20:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-04-19T20:09:00+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=\"Ashley Brinson Cusack\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ashley Brinson Cusack\" \/>\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\/coral-gables-real-estate-market-update\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/coral-gables-real-estate-market-update\/\"},\"author\":{\"name\":\"Ashley Brinson Cusack\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#\/schema\/person\/0f8368ed2c45044ccb60b647e9ea6fca\"},\"headline\":\"Coral Gables Real Estate Market Update\",\"datePublished\":\"2013-12-13T00:20:57+00:00\",\"dateModified\":\"2019-04-19T20:09:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/coral-gables-real-estate-market-update\/\"},\"wordCount\":255,\"publisher\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#organization\"},\"keywords\":[\"coral gables market update\"],\"articleSection\":[\"EWM News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/coral-gables-real-estate-market-update\/\",\"url\":\"https:\/\/ewmrealestate.com\/blog\/coral-gables-real-estate-market-update\/\",\"name\":\"Coral Gables Real Estate Market Update - 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