Coral Gables Condo Market Update
November Coral Gables condo sales was a slow month. Not the end of the world but down from past months. There are currently
170 Coral Gables Condos for sale. This figure includes 21 short sales ( asking prices range from $ 58,000 to $871,000) and six foreclosures. The number of Coral Gables foreclosures has stayed very low compared to many other communities. There were ten condos that successfully sold and closed, of these 10 closings two were foreclosed condo and 4 short sales. Most of the sales were under $149,000 and may have been reduced a few times before arriving at these prices. There were only four pending sales in November.
The good news is ( for sellers anyway) is that the amount of inventory of Coral Gables condos has dropped off by more than half and monthly sales were steady until November. We will just have to watch the market and see where were go from here. November and perhaps December are a bump in the road. Remember purchasing a condo is harder to finance these days because of the new guide lines.
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Above are 170 Coral Gables Condos For Sale
Summary Coral Gables Condos on the Market
Above Are Coral Gables Sold Condos
0The Above Pie Chart Shows the Days on Market. Blue Section: 0-30, Red Section 31-60, Green Section: 61-90 Days and Yellow Section: 120 days plus
50 percent of the above chart sold with in 30 days which is pretty good considering that you need condo approval. Most of those sales were most likely Coral Gables Condo foreclosures
Months of Coral Gables Condo Inventory
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Below are Coral Gables Condos For Sale
Showing properties
1 - 5 of 127.
See more city of Coral Gables real estate.
(all data current as of
5/19/2012)
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$269,900 : 888 DOUGLAS RD 1605, Coral Gables2 beds, 2 full baths
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$275,000 : 357 ALMERIA AV 1202, Coral Gables2 beds, 2 full baths
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$157,000 : MLS # A1642739 in Coral Gables1 bed, 1 full bath
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$359,000 : MLS # A1641857 in Coral Gables3 beds, 2 full baths
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$155,987 : 3590 CORAL WY 608, Coral Gables1 bed, 1 full bath
Listing information deemed reliable but not guaranteed. Read full disclaimer.
