In the month of May 2018, we saw an increase in the number of sales from April to May. There was a total of 43 closed transactions in Coral Gables. There was 1 waterfront property that sold this month. The price per square foot for the waterfront property that sold this month was $786.96. Last months average of 6 water-front properties was lower at $670.16.
The average price per square foot of non-waterfront homes for the month of May was $401.81 which is slightly lower from last month’s average of $404.11. Stay tuned to the blog to see how the trends in Coral Gables change over the month of June!