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The Elliman Report for Quarter 3, 2019 | Coral Gables
The Coral Gables Q3 Real Estate Market Report by Douglas Elliman
Douglas Elliman creates quarterly overviews for some of Miami’s most desired neighborhoods (Miami, Miami Beach and Fort Lauderdale). This report will discuss Coral Gables and as Coral Gables’ number 1 Douglas Elliman agent we are sharing this report with our readers.
Please contact us at +1.305.508.0899 or David@siddonsgroup.com for more information on the Coral Gables Real Estate Market
Highlights of the Quarterly Survey of Coral Gables Residential Sales
The single-family median sales price rose 11.4% to $925,000 from the prior-year quarter, the first gain of the past three quarters. The number of single-family sales surged 26.5% to 143, overpowering the 8.2% rise in listing inventory to 394 respectively from the same period last year. The average size of a condo sales was 1,301 square feet, down 10.5% from the same period the previous year, helping skew the price trend indicators lower.
Highlights from the Quarter 3, 2019 Coral Gables Residential Report
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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