Standard & Poor's/Case-Shiller Index reported home prices rose the most since February 2006. Read more in the Florida Realtors article.
In Coral Gables, this figure is even higher as inventory decreases.
101 homes were listed for sale in the Gables in August 2013. That is down 1.9% compared to the previous month and 8.2% lower than the same time last year.
The Average Sold Price per Square Footage in August 2013 for the Gables was $297. It is up 0.3% compared to July 2013 and 11.8% higher than last year.