In the month of February 2017, we saw a great increase in the number of sales from January to February, going from 23 to a total of 31 closed transactions in Coral Gables. There were 3 waterfront properties that sold this month. The average price per square foot for these waterfront properties sold this month was $491.
The average price per square foot of non-waterfront homes was $375 which is slightly higher from last month’s average of $365. Stay tuned to the blog to see how the trends in Coral Gables change over the month of March!