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
These are the most commonly asked Google Real Estate Related questions
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!
WHY WORK WITH DAVID? THINGS YOU SHOULD KNOW...
For all our analytics we are agents driving some very unique and advanced tech. We Provide a granular and custom experience that empower our clients with the insight and tools to understand the most complex behaviors of any local markets.
We have only superlatives to describe how wonderful Cris Buzolin was throughout the process of selling our townhouse in Coral Gables. We were away in the UK while the transaction was taking place and Cris handled everything-from clearing out our house, selling contents when she could, arranging the moving and storage and dealing with some very difficult problems which arose. Always patient and very willing to help in every way, Cris is a consummate professional who really cares about her clients and worked extremely hard to get the price we had asked for and make things for us as easy as she could. Nothing was too much for her to handle.Cris and Marianela (who provided additional very helpful assistance to us during the transaction) are part of the team that David Siddons has assembled.When we decided to sell our property, we contacted David and he established the framework for the transaction and ensured that everything proceeded smoothly and in accordance with our wishes. In sum, David Siddons and his team are extremely competent and professional and we are totally satisfied with the service they provided. To repeat, Cris Buzolin in particular, went way beyond what one would expect from a real estate agent. The David Siddons Group has our highest recommendation!
Fantastic group of people to work with!! David and Adriana were responsive and professional throughout the entire process. We weren't familiar with South Florida so David took us under his wing and did a fabulous job giving us a tour of select neighborhoods in South Florida and shared a great deal of information about each. We fell in love with the Botaniko community in Weston and closed the deal with Adriana. If you are buying/selling this is the team you want to work with!! Thank you guys for helping us find our dream home.