Market Snapshot Coral Gables – January 2017
The Coral Gables Market in January 2017
This is a quick snapshot of the Coral Gables single family home market in January 2017. The snapshot is meant to provide sellers and buyers alike with a quick and easy understanding of the Coral Gables real estate market.
Coral Gables Listings as per January 27th
347 Listings in total
Coral Gables Sales in December 2016 / January 2017
56 Sales in total
The average sales prices per SF per Price range
Months of Inventory in December 2016
The months of inventory, the most important indicator for future real estate behavior, are showing very low numbers. The market seems to be in a good shape. Below the $1,5 million range the market is experiencing a sellers market while the higher end of the market is seeing a buyers market. Between 6 and 9 months we speak of a well-balanced market.