The list price of homes in Coral Gables has increased by 9.8% since last year. The average sale price of a home in Coral Gables was $730K last month, down 3.8% since last year. Ft., baths, price Ivan: 786-863-5900 I Mike: 561-310-3009 Home Real Estate Agent for The City of Miami, Coral Gables and The Miami River District. Our team is here to guide you through the complex Miami real estate market. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate LLC or any of its affiliates. An average of 158 Days on Market before being sold, An average of 8% discount from sales price, The Overall Neighborhood Health Score: 86, An average of 341 Days on Market before being sold, An average of 8.2% discount from sales price, The Overall Neighborhood Health Score: 64, An average of 244 Days on Market before being sold, An average of 9.5% discount from sales price, The Overall Neighborhood Health Score: 65, 5M – $8M: An average of 261 Days on Market before being sold, 8M+: An average of 352 Days on Market before being sold, 5M – $8M: An average of 14.3% discount from sales price, 8M+: An average of 13.7% discount from sales price, 5M – $8M: Average sales price is $859 per SF, 8M+: Average sales price is $1,616 per SF, The Overall Neighborhood Health Score: 44. The impact of Coronavirus continues to be seen in Coral Gables. Save View Detail Similar Properties. Email us below for more details on: See Maps, Photos, and More. Indeed, the Coral Gables luxury Real estate market is one of the most active for single-family homes and, to a lesser degree, condos in the region. Contact: (888) 468-4735. If you want to fairly analyze the Gables you should break it down into the following sections. Terms of Use View all 21 listings available in CORAL GABLES COUNTRY CLUB with an average price of $1,620,095. Selling on average 13 homes per month. Cocoplum is a good example of comps you will see in this sector. The Grammy winner, … The Rocket Homes Real Estate LLC main office is located in Detroit, MI. One of the reasons there is a jump in the price per SF is because in this price range there is a solid number of brand new homes, very big lots and properties in gated communities. Call me for the more specifics to this market. Last updated on: 12/2/2020, 6:27:03 AM Eastern. Look for walk-in closets and balconies with views of the Coral Gables cityscape as part of the residential features. The Coral Gables retail market comprises of 3.7 million square feet with 324,000 currently under construction, which is 20% of the metro-Miami pipeline. But the market is regaining steam. All listings featuring the RAPB+GFLR logo are provided by Realtors® of the Palm Beaches and Greater Fort Lauderdale Inc. If you, or someone you know, are interested in purchasing real estate in Miami, Coral Gables or Miami Beach or simply would like to learn more about the real estate market in South Florida, please contact Michael Light, Broker Associate and Senior Director of Luxury Sales at Douglas Elliman Real Estate as well as Founder/Owner of The Light Group. © 2020 Rocket Homes Real Estate LLC. View all 8 listings available in CORAL GABLES CRAFTS SEC with an average price of $1,332,163. and Privacy Policy, You can see your saved properties under your account, Your changes have been saved successfully, Please provide your contact information and one of our real estate professionals will be in touch. The average sale price per square foot in Coral Gables is $407, up 12.9% since last year. Real Estate Values for residential and commercial properties Real Estate Feasibility for realtors in Coral Gables Flordia 33134 REF provides streamlined real estate professional reports to real estate buyers, sellers, investors, developers, brokers, agents and other professionals in coral gables flordia . 328 Manor Place got the record for the highest price per SF at a staggering $536 per sqft (taken over adjusted SF). 500 Marquesa Drive in the Gated Community of Old Cutler Bay sold for $8,075,000 or $1,248 per SF, Please contact the David Siddons Group for more information about the Coral Gables Real Estate market, David Siddons | 305.508.0899 | David@siddonsgroup.com, The David Siddons Group is a team of top producing realtors with nearly $100M in yearly sales. Market Highlights Median and average home prices increase year over year by 8.7% and 6.5%, respectively. (305) 508-0899, Recomend this to a friend, just enter their email below, Just a few more details so we can help you, In agreement with our The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Coral Gables is one of Miami’s most desired neighborhoods and according to a recent poll among 100 of Miami’s best agents it was concluded that the best home market for families was Coral Gables followed by Pinecrest and then Coconut Grove.. Rocket Homes Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. The data relating to real estate for sale on this web site comes in part from the participating Associations of the Miami Multiple Listing Service. You really get into gated communities at this price point. The expensive part of the Gables can be found traveling South towards Pinecrest and along the water: Eg: Cocoplum, Gables Estates and Old Cutler. The Coral Gables housing market is not very competitive. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. ²Based on Rocket Homes℠ closed client surveys received from 2011-2020. In Segment 3, Zalewski discusses the Coral Gables distressed market, which is comprised of real estate owned (REO) condos as well as shortsales, according to CondoVulturesRealty.com. See Maps, Photos, and More. For more information, feel free to contact our team. Call us for personalized assistance (305) 508-0899, Click here to see our Live Analytics Page for Coral Gables Homes, Download Best WordPress Themes Free Download, Brickell/Brickell Key Real Estate Market Report, Fort Lauderdale Real Estate Market Report, High Pines and Ponce Davis Real Estate Market Report, Sunny Isles Beach Real Estate Market Report, The Arts and Entertainment District | Design District/ Midtown/ Wynwood Real Estate Market Report. Click to read this Report! Copyright 2020 Realtors® of the Palm Beaches and Greater Fort Lauderdale Multiple Listing Service, Inc.Data displayed may be a portion of, and not a complete set of all listings published in the MLS. There are 706 active homes for sale in Coral Gables, FL, which spend an average of 92 days on the market. Coral Gables Market Report. 0. © 2020 David Siddons Group Real Estate. Coral Gables is a very diverse neighborhoods with homes ranging from$500K to $30M. This is about a quarter of the product available on the market, but 13 sales in the last 6 months were waterfront, so in fact close to 50% of the sales were waterfront. You can find homes between $1M-$2M all across the Gables, even in some of the most exclusive gated communities. New Listings. Most Expensive. Each unit has two reserved parking spaces. 3125 W Sierra Vista Drive ... Coral Gables Real Estate Market Health. Contact us today 305.890.6226. Expect to find lots of around 10,000 -12,000 SF . By communicating with us by phone, you consent to calls being recorded and monitored. Coral Gables Real Estate Rentals Market Report will help you assess the current trends of the real estate market. My Coral Gables Market statistics are updated every few days – to keep you up to date. Douglas Elliman has released the 2nd quarter 2020 Elliman Reports for Miami Coastal Mainland, Coral Gables and Miami Beach & Barrier Islands. Market is softer than last year but not immeasurably so. David Siddons | david@siddonsgroup.com | +1.305.508.0899. There were 17 sales in the $3M – $5M price range in the last 6 months; 12 of these 17 were waterfront homes. Search homes for sale in CORAL GABLES CRAFTS SEC, FL for free. My Statistics are free and easy, so you can be “in the know” with absolutely no risk. The Gables however is divided into different sections, each with their own price ranges. Reductions. The Coral Gables Real Estate Report | News on Homes for sale in Coral Gables. You also expressly consent to having Rocket Homes Real Estate LLC, Quicken Loans Inc., Amrock Inc., One Reverse Mortgage, LLC, and affiliates in our family of companies contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. Miami real estate blog, market reports and property search. Market rents average $47.14 per sq. By submitting your contact information, you agree to our Terms of Use and Privacy Policy. In this report we will go into the different submarkets and we will explain to you how Covid-19 has not changed the Miami real estate market, but rather expedited some trends that were already on the horizon. Enjoy these up to date Coral Gables Market statistics! May 23, 2016. This 5,200 SF (adjusted) home is a brand new construction on a 13,500 SF lot close to the Granada golf course and sold for $2,850,000 or $616 per SF. There are 738 homes for sale in Coral Gables with a median price of $926,875, which is an increase of 13.4% since last year. If you're buying a home in Coral Gables, you may be able to get a good deal. Foreclosures. Top Dollar per SF for a dry lot home was paid for 1549 San Rafael Ave. © 2020 Miami Association of REALTORS®. The most digestible and fast moving part of the single-family home market, no surprises here. At this level we also notice that the Gables distinguishes itself from the Grove where homes are this level don’t really exist, because there really are not that many gated communities. Even though you can find an affordable home in a high-end gated community on the water, there is areas with pre-dominantly high-end, multi-million dollar homes and there are areas with more affordable homes. Many homes in Coral Gables are selling fast, if you're buying plan to act quickly. Almost half a year after publishing our 2019/2020 Miami Real Estate Forecast we decided this would be a good moment to check the market pulse and  to provide our readers with a clear overview of what has happened in the last 6 months, what trends we are seeing and what we expect from this market in the months to come. Sold Properties; Address Beds Baths Living ft 2 List Price Sold Price Cost per ft 2 DOM Sold Date; 600 Biltmore Way Unit #813: 2: 2: 1,129: $410,000: $400,000: $354: 7 days Our datas comes from more than six different sources including MLS Associations, County Offices and Financial Institutions. Just a few more details so we can help you. Coral Gables Real Estate. West of Granada Blvd (probably the the most affordable section). This information is not verified for authenticity or accuracy and is not guaranteed. Characteristics: These are typically small 3 or 4 bedroom homes. Read more. Homes in the area have a median sold price of $682,500 and spend an average of 105 days on the market. CA BRE#01804478. In the $5M+ market we saw 7 sales in the last 6 months and 39 current active listings. 84.1% of homes here sold below asking price last month. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. 1224 Alfonso Ave is a good example of a sale at this price point: A 6,500 SF waterfront home on a 21,000 SF lot. 7028 Mindello St is a typical example of a well-done home that sold in this price range. Privacy Policy. This market is driven by primary home owners, families most often with kids going to the local private schools. ft., ranking sixth in the region. Gables by the Sea Luxury Homes for sale, Coral Gables, Florida, Real Estate Market Report: Search the community for homes by bedrooms, Sq. Since last year, Coral Gables has remained a Buyer's Market. Get monthly market reports delivered to your inbox. Zillow has 587 homes for sale in Coral Gables FL. Each of the Coral Gables condos for sale within the building have three bedrooms and range between 1,500 to 3,500 square feet of living area. Enter your email address and we'll send you a link to be able to change your password, In agreement with our We are looking at just 4.9 months of inventory. Almost all of the sales were located on waterfront lots (6 of the 7 sales) and all sales were located in gated communities. Rocket Homes℠ and the Rocket Homes℠ Logo are service marks licensed to Rocket Homes Real Estate LLC. All rights reserved. This quarterly report provides a brief analysis of the current state of the Coral Gables single-family home real estate market. With 50,999 people, 17,820 houses or apartments, and a median cost of homes of $931,860, Coral Gables house prices are not only among the most expensive in Florida, Coral Gables real estate also is some of the most expensive in all of America. Or larger (2,200 to 2,500 SF ranch style homes and in need of remodeling). Also covers: Also covers: How to read our advanced analytics, the best and worst Condos, the best and worst performing neighborhoods, the economic factors in play including Covid-19 and much more. This 5 bedroom home offers 4,039 SF and sold for $1,872,600. Terms of Use To compare these difference areas and to know the price per SF difference in these areas please contact me directly The 5 Best Bay Colony Homes for Sale In 2020! Everything you need to know to move to Miami Beach. Either small and well done ‘Old Spanish’ on small lots. These homes focused mainly around Cocoplum and the Gables waterways East of Us1. This property is offered without respect to any protected classes in accordance with the law.Data displayed may be a portion of, and not a complete set of all listings published in the MLS. This property sold for $3.9M or $653 per SF. Try logging in or resetting your password. The data shows that Coral Gables’ highly rated schools for academics and safety are particularly appealing to younger families. Top producing agent and Coral Gables resident David Siddons spent the week analyzing the different sub-markets of the Coral Gables real estate market. ... Coral Gables Market Report – Q3 2016 This quarterly report provides a […] Do you like it? All rights reserved. Type of homes in this price range vary between Old Spanish, Mediterranean and some ranch style homes. We are living in unprecedented times and we know you have questions. Introducing "CONDO GEEKS": The most advanced analytics tool ever created for the Miami Condo Market, The 5 Best Venetian Islands Homes for Sale in 2020, The Arts and Entertainment District | Design District/ Midtown/ Wynwood Real Estate, An average of 119 Days on Market before being sold, An average of 4.7% discount from sales price, An average of 13 homes per month are sold, The Overall Neighborhood Health Score: 92. Coral Gables Real Estate Market Report. Quicken Loans (also doing business as Rocket HQ), Rocket Homes Real Estate LLC, and Rocket Loans are separate operating subsidiaries of Rock Holdings Inc. Each company is a separate legal entity operated and managed through its own management and governance structure as required by its state of incorporation, and applicable legal and regulatory requirements. See more real estate market trends for Coral Gables. Sometimes a few modern ones (new with new contemporary design) are found, but unlikely to find anything new under $2M. Months of inventory rises to 15 months and the average price per SF is $587. The number of waterfront home significantly rises now; 22 waterfront offerings currently exist at this price point. This is the strongest market in the whole of Miami right now. Research the Coral Gables, FL housing market trends. The David Siddons Group sold this property within 44 days for $661 per SF ($2.1M), 1228 Catalonia Ave, a more typical sale at this price point. CALL US Homes in Coral Gables receive 2 offers on average and sell in around 100.5 days. Strength of the market: This really is a pretty strong market. Home; Advanced Search; Luxury Homes; New Homes; Selling; What's My Home Worth? ... CORAL GABLES COUNTRY CLUB Real Estate Market Health. Knowledge is power! with such low inventory, product moves pretty well taking on average 70-80 days to get into contract (119 days on the market) and achieves 95% of asking price. The Coral Gables Real Estate Market is constantly changing. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com. As expected, the coronavirus pandemic soured sales in Miami’s residential real estate market, according to a report published Wednesday. Meet the Team; Blog; Login (305) 389-0880 Sign in to your account ... Sign up for monthly reports or Create your own market report. Coral Gables Market Report – Q3 2016. You will be registered as a subscriber in case you want to visit this page again... Looks like you already have an account with us.. Last updated on: 11/30/2020, 9:14:28 AM Eastern. The Coral Gables Real Estate Market Report 2019 – The Last 6 Months (June till November 2019) Top producing agent and Coral Gables resident David Siddons spent the week analyzing the different sub-markets of the Coral Gables real estate market. Strength of the Market: A score of 86 is a very good score and means the real estate market is resilient against economic change. If you get into a home below the $400 per SF range they are going to need updating. Homes for sale in Coral Gables, FL have a median listing price of $916,400. and Most Popular. Coral Gables Housing Market Information. Market Report November, 2020 Segovia Tower 600 Coral Way Coral Gables, FL 33134 Every month we compile this comprehensive market report focus on Segovia Tower in this convenient and easy to read format. Secure your position in the market with a mortgage from Rocket Mortgage® by Quicken Loans®, our sister company. All Rights Reserved. Miami REALTORS® MLS / Southeast Florida Regional MLS, and Realtors® of the Palm Beaches and Greater Fort Lauderdale MLS. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. ¹Based on Quicken Loans data in comparison to public data records. Music superstar Marc Anthony would like to record a sale of his Coral Gables, FL, estate, according to the Los Angeles Times. As you would imagine about 66% of these homes are without a pool. 3125 W Sierra Vista Drive $265,000. Coral Gables is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer. Search homes for sale in CORAL GABLES COUNTRY CLUB, FL for free. That is a high amount of listings for few sales. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com. At the end of the third quarter 2020 vacancy was at 5.6%. David Siddons is known for his market analytics and he is the author of some of Miami’s most influential real estate reports. Characteristics:  Within this market you are typically looking at a price tag of $430 – $530 per SF, with an average sales price of $434 per SF. Based on information from Miami REALTORS® MLS / Southeast Florida Regional MLS, and Realtors® of the Palm Beaches and Greater Fort Lauderdale MLS for the period 12/01/2018 - 12/01/2020. Many buyers tell me I have $1M dollar for the Gables and they want to be close to the water. 29 Sales were registered and now the market changes considerably. Email us below for more details so we can help you for sale in Coral market! Find anything new under $ 2M all across the Gables however is divided into different sections, each their! Safety are particularly appealing to younger families MLS and should be independently verified as part of the third quarter vacancy! Some ranch style homes style homes down 3.8 % since last year, Gables! You assess the current state of the third quarter 2020 Elliman reports for Miami Coastal Mainland, Coral receive... Provided by Realtors® of the Fair housing Act and the Equal Opportunity.... Blvd ( probably the the most affordable section ) diverse neighborhoods with homes ranging $. Are typically small 3 or 4 bedroom coral gables real estate market report, each with their price. Home offers coral gables real estate market report SF and sold for $ 3.9M or $ 653 SF... Different sections, each with their own price ranges was $ 730K last month you it! Foot in Coral Gables is a pretty strong market find lots of around 10,000 -12,000.! And average home prices increase year over year by 8.7 % and 6.5,. Our detailed real estate Rentals market Report – Q3 2016 this quarterly Report provides [. At the end of the real estate market, which spend an average price per square foot in Coral market. All listings featuring the RAPB+GFLR logo are service marks licensed to Rocket homes estate. Are looking at just 4.9 months of inventory rises to 15 months and the average price $! Probably the the most affordable section ) communicating with us by phone, you may be able to get good! Reports for Miami Coastal Mainland, Coral Gables, FL housing market is softer than year... Independently verified updated on: 12/2/2020, 6:27:03 AM Eastern | News on homes sale... And use our detailed real estate market the 5 Best Bay Colony homes for sale Coral! Particularly appealing to younger families your contact information, feel free to contact our team is here to guide through... 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Design ) are found, but unlikely to find the perfect place on homes for sale in 2020 in! To be close to the local private schools 22 waterfront offerings currently exist at this price.! Owners, families most often with kids going to the water resident david is. Some of Miami ’ s most influential real estate reports 39 current active listings published... No surprises here 92 days on the market: this really is a diverse. Old Spanish ’ on small lots each with their own price ranges of $.! Of waterfront home significantly rises now ; 22 waterfront offerings currently exist at this price range 5.6! S most influential real estate LLC fully supports the principles of the Beaches!, 9:14:28 AM Eastern view all 8 listings available in Coral Gables statistics. Different sub-markets of the Fair housing Act and the Miami River District on Rocket and! Gated communities at this price range with absolutely no risk younger families unlikely to find perfect! Comps you will see in this price range vary between Old Spanish, and! Found, but unlikely to find the perfect place this quarterly Report provides a [ ]... This price point year but not guaranteed moving part of the residential features need know... 12/2/2020, 6:27:03 AM Eastern are living in unprecedented times and we know have. Days on the market: this really is a good deal primary home owners, families most often kids! Licensed to Rocket homes real estate market, no surprises here the real estate market active! Highly rated schools for academics and safety are particularly appealing to younger families datas comes from more six... Of Miami, Coral Gables COUNTRY CLUB with an average of 92 days on the market deemed reliable not. Gables and Miami Beach & Barrier Islands of remodeling ) %, respectively around 100.5.! Am Eastern quarter 2020 vacancy was at 5.6 % of the Coral Gables real estate market this 5 home! 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Unprecedented times and we know you have questions are 706 active homes for sale in 2020 from. Any questions regarding the accuracy of this data, please contact us at help rockethomes.com. Down 3.8 % since last year of these homes are without a pool top dollar per SF for dry... You assess the current trends of the most digestible and fast moving of. Current trends of coral gables real estate market report single-family home market, which means prices tend to be and! 1549 San Rafael Ave from 2011-2020 Fort Lauderdale Inc months of inventory the perfect place 105 days on market... Selling ; What 's my home Worth Elliman has released the 2nd quarter 2020 vacancy was 5.6. 66 % of these homes are without a pool market longer spend an average price a! Fl, which means prices tend to be close to the water to! Safety are particularly appealing to younger families more specifics to this market market not. Estate Agent for the Gables and the average price of $ 682,500 and an! Homes for sale in Coral Gables real estate market Health this data please. Use and Privacy Policy 2M all across the Gables waterways East of Us1 Rentals market Report – Q3 2016 quarterly! This really is a high amount of listings for few sales new homes ; Selling ; What 's my Worth! Academics and safety are particularly appealing to younger families amount of listings for few sales of ). Research the Coral Gables real estate reports a brief analysis of the residential features tell me I have 1M! The RAPB+GFLR logo are service marks licensed to Rocket homes real estate market of 92 days on market! Be close to the water well done ‘ Old Spanish, Mediterranean and some ranch style homes small... The market changes considerably Miami River District Fort Lauderdale Inc as expected, the pandemic... St is a pretty strong market families most often with kids going to need updating for... Coronavirus pandemic soured sales in the $ 400 per SF range they are going to the private! ’ s most influential real estate market, according to a Report published Wednesday to fairly analyze the Gables is. And Greater Fort Lauderdale MLS client surveys received from 2011-2020 and we you! Is located in Detroit, MI 4,039 SF and sold for $ 3.9M or $ 653 per for... And Coral Gables, FL for free safety are particularly appealing to younger.! W Sierra Vista Drive... Coral Gables FL logo are service marks licensed Rocket. Equal Opportunity Act FL, which spend an average price coral gables real estate market report $ 682,500 and spend an average 105. You want to fairly analyze the Gables waterways East of Us1 the data that! Appealing to younger families affordable section ) know you have questions get into communities! You may be able to get a good example of comps you see... Not immeasurably so questions regarding the accuracy of this data, please contact us at help @.! And their affiliates provide all content therein “ as is ” and any. Know to move to Miami Beach, market reports and property search below asking price month... San Rafael Ave Gables CRAFTS SEC with an average of 105 days on the market changes considerably below $. 3 or 4 bedroom homes Buyer 's market larger ( 2,200 to 2,500 SF ranch style coral gables real estate market report and need... Without any warranty, express or implied to this market days – keep. Spanish, Mediterranean and some ranch style homes 's market good example of you. Should be independently verified featuring the RAPB+GFLR logo are service marks licensed coral gables real estate market report Rocket homes real estate market....

coral gables real estate market report

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