Coral Gables Market Report for 1st. quarter 2016.
There are currently 414 active single family homes and 186 condos & townhouses on the market in Coral Gables. The price range for Single family homes is between $279,900 – $49,000,000 and for Condo’s between $95,000 – $3,205,000.
68 Single family homes are under contract waiting to close.
With a price range between $183,000 – $7,800,000, 48 homes sold in March 2016 what takes us to a total of 118 closed sales in first quarter of 2016, compared to 112 closed sales in first quarter of 2015.
The average price per square foot for closed sales were $494 in first quarter of the year, which is slightly higher that $477 in first quarter of 2015.
This property on 904 ALHAMBRA CR was first listed for $1,400,000 then reduced to $1,200,000. It was on the market for 445 days before it finally closed in March for $1,180,000. The house features 3,169 sf on a 7,500 sf lot in the middle of Coral Gables.
Listing broker was Remax.
What has sold in Coral Gables in the month of March:
Closed sale SqFt Lot List price Sales price Sold $/sf DOM
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Lisbeth Petersen – 305 775 3500