As 2014 draws to a close, I wanted to focus on the activity of the 2014 market. Today I am spotlighting Coral Gables, non-waterfront, non-Reo properties. Over this past year, we saw a slight increase in price per square foot to $353.33 from $334.33, representing a 5.4% increase. Inventory has held fairly steady over the past year, fluctuating up and down throughout, but coming out at the exact same number as this time last year. The closed and pending properties, however, have slightly decreased. The average sale per month from last year at this time was 40.66 and this year it was 33.33. I definitely felt this with a fabulous first half of the year and a slower second half! The good news is our market has clearly stabilized and we are in what I would label, a more balanced market. For more information, call me at 305.798.8685 with your real estate questions. Or visit my website: Luxury Miami Real Estate.
My focused dedication as a realtor in my home town of Miami for over 20 years, consistently puts me at the top of my field. Whether you’re looking to buy or sell your home, let me help you from start to finish with my results-proven: professional marketing, excellent property exposure and comprehensive experience.
As the #3 Realtor company-wide at EWM in 2012 with over $55 Million in sales, my focus is on Coral Gables, Coconut Grove, Pinecrest and South Miami — specializing in luxury real estate and waterfront properties. Call me today and let’s get started!