Skip to main content

Letters From Our Customers...

From time to time, we share our client's testimonials in our ads in the Miami Herald Neighbors back page. Here are two very nice comments we'd like you to read...

Saket Pabby, about selling 1114 Genoa: “Natasha and I both wanted to thank you for a close to perfect execution of the sales process for our house that we dearly loved. We have worked with five Realtors and you folks have been the best in terms of knowledge, client management, persistence and communication. We have told our neighbor to get in touch with you.”

Frank & Maite Bocanegra of 908 Granada: “We just want to thank you for all your hard work...The professionalism and experience that your company demonstrated was beyond our expectations. I will recommend you to all our friends who are either selling or buying a home.”


Popular posts from this blog

Peter Dolara of American Airlines Honored at the Biltmore

Business and civic leaders from around Miami and South Florida joined last week at the Biltmore Hotel to honor Peter Dolara for his service to the South Florida community as Vice President of American Airlines. Mr. Dolara, who joined the airline in 1963, will retire handing over the Vice President post to Art Torno. American Airlines has about 9,000 employees in South Florida and more than 300 flights a day, up from just 18 flights in 1989 when Mr. Dolara took the helm. Pictured: Art Torno, Miami International Airport Director Jose Abreu (receiving Eagle Award) and Peter Dolara.

Inventory Drops in Coral Gables

It finally has happened! Our inventory of single family homes in Coral Gables dropped  to less than 300 properties (295)...the lowest it has been since the peak sales period of 2005-06 when prices were at their highest and we were down to less than 200 homes. Then inventory slowly expanded to over 650 homes in the sluggish years of 2007-08 and buyers were scarce. Today, of the 295 homes on the MLS, 123 properties are less than $1M, and 172 homes are at $1M or above. Now is the time to buy in the Gables while you still have a selection of affordable properties.

Coral Gables Market Update

The Market in Coral Gables on the move... 

+As of August 2019 there were 383 single family homes on the market for sale.

 The average LIST price was $3,173,000
 The average SOLD price was $1,208,000
 The MEDIAN sold price was $901,000 
+There are 122 homes out of 383 homes that are priced under $1,000,000, or 32% of the total
+There are 261 homes priced over $1,000,000 in the Gables which is 68% of the Total.
+ Over the past year there were 446 homes sold in the Gables ( 241 were under $1.0M or 54%) and ( 205 were priced over $1,000,000 or 46%)
+The average time a listing is on the market is 63 days.
+ The average price per square foot is up this year about 3.6%, May-July 2018 to May-July 2019. I think this is due to the sale of many homes that are updated and ready to go. They have been setting records.