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.
Region’s Bank hosted the Chamber in Coral Gables at a well-attended reception on June 14th. Members and their guests enjoyed refreshments and connected with other members of the community. Pictured: Women's Chamber of Commerce of Miami-Dade County President-Elect Nordis Alvarez and President Suzanne Wheatley. County Court Judge Candidate Ivonne Cuesta, Ann Bloom and Jan Cheezem of Cohen-Fox, P.A. (sponsor). Women's Chamber of Commerce of Miami-Dade County Past Presidents Barbara Riesberg, Lisa McGill and Gayle Bainbridge. Circuit Court Judge Candidate Maria Santovenia, Realtor Jeannett Slesnick, Miami-Dade Court Judge Candidate Michelle Alvarez Barakat and Rena Fraser, wife of Southcom’s General Douglas Fraser.
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