South Coral Gables Homes for Sale – A Market Analysis

The Neighborhood analysis for South Coral Gables homes.

 Must read for those looking to Invest in Coral Gables Real Estate

The Below Blog was written in 2014 and the provided information will no longer be accurate. Please refer to the orange buttons above for the latest Coral Gables news, market reports and homes for sale.

 

This blog is useful for sellers but also for people that are looking to invest in Coral Gables Homes. It shows you the market values of this area today as well as sales values and other important market data over the last 5 years

The Values of South Coral Gables homes in the last 12 months (Oct ’13- Oct ’14)

In the table below you see all the homes that sold in the South Gables area in the last year. As you can see they are selling between  $263 and $535 per Sq.Ft. The Average sales price per Sq.Ft in this area is $361. East of the US1,  this part of Coral Gables offers the most affordable homes.

Coral Gables Home Prices in the last 5 years

Prices have been on the rise in the last few years in the southern part of Coral Gables. The average for this year is $397 per Sq.Ft (2014).

Inventory Levels of Coral Gables Homes in the last 5 years

An Important indicator in Real Estate is the months of inventory. It indicates how long it will take to sell all the homes that are currently for sale, if no other homes enter the market.  Coral Gables is currently in a neutral market (not a buyers, not a sellers market). Compared to last year the inventory is a little up, which means sellers should be aware of rising levels and more competition, whereas buyers can see this as an opportunity!
The David Siddons Group monitors the Coral Gables Real Estate market closely. Interested in being updated on the latest trends or movements which will have an impact on your property? Join our mailing list (See the button at the top of this page) or contact me directly for more information or a free of charge appraisal of your home!

For more information on the Coral Gables Real Estate Market or Coral Gables homes for sale, please contact the David Siddons Group

David Siddons | David@siddonsgroup.com | 305.508.0899

FAQ

These are the most commonly asked Google Real Estate Related questions

1. What are the Current Best New Condos in Miami?

If you want to hear in more details our opinions on the best new Miami new construction condos. Please read this article:Best New Construction Condos 2022-2023

2. What is the best New Construction Condo in Fort Lauderdale?

In our opinion, the Residences at Pier Sixty-six are certainly the most interesting and unique. Already well underway this 32 Acre project will be home to the first of its kind Marina where owners will be able to anchor up vessels up to a staggering 400 ft! For specifics of this project see our independent review of this project.

3. How can I compare the new luxury construction Condos to the best existing Luxury Condos in Miami? 

Our Best Luxury Condos in Miami article will prove to be very useful to those looking to compare the existing to the new. You may also want to watch this video which shows the performance of the best Condos in Miami over the last 15 years!

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