Coral Gables Market Update 11/2011 Single Family Homes
November Coral Gables homes salese slowed down from previous months. There were 28 sold homes., of those 28 homes that sold 2 were foreclosures ( bank owned listings) and 2 short sales ( one short sale was under contract for X days and the 2nd short sale took X days to close)
Half of the Coral Gables Homes that sold took more than 120 days to sell and close.
23 homes went under contract. This means that the seller and buyer have an agreement however the contract is subject to various contingencies. That is a litle on the low side for pending sales. There are three pending sales that are short sales however there are no foreclosures under contract.
Currently there are 331 Coral Gables homes for sale. In that number of homes there are 18 short sales and four foreclosures ( Bank owned lsitings.) This number of homes for sale remained pretty much constant.
The number of foreclosures in Coral Gables is very low and the price range is wide. For example I was looking at 9001 Banyan Drive on Hammock Lakes , asking price is $3,500,000
.The bank is xxx and they are asking 3.6 mil and at the other end there is another foreclosure at 8021 Old Cutler Road
The Coral Gables real estate over all is holding up pretty well compared to other markets around the country. Coral Gables is a one of the older cities in Miami Dade. Known for its Old Spanish homes and beautiful tree lined streets. See the video on some areas in Coral Gables.
Here is a list of current Coral Gables foreclosures.
See these listings are Coral Gables Short Sales.
Coral Gables Active Listings
Coral Gables Home Sales
Coral Gables Pending Home Sales
Break Down of Days on Market
Have A question? Drop me a line
Below are Coral Gables Homes For sale
Showing properties
1 - 5 of 303.
See more city of Coral Gables real estate.
(all data current as of
5/19/2012)
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$600,000 : 4310 ANDERSON RD, Coral Gables4 beds, 3 full baths
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$565,000 : 1526 DORADO AV, Coral Gables3 beds, 2 full baths
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$879,000 : 710 TIBIDABO AV, Coral Gables4 beds, 3 full baths
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$625,000 : 1535 BLUE RD, Coral Gables4 beds, 4 full baths
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$929,000 : 621 GONDOLIERE AV, Coral Gables3 beds, 2 full, 1 part baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.












