In the month of May 2017, we saw a slight increase in the number of sales from April to May, a total of 45 closed transactions in Coral Gables. There were 4 waterfront properties that sold this month. The average price per square foot for these waterfront properties sold this month was $503.21 Lower than last month waterfront properties.
The average price per square foot of non-waterfront homes was $385.34 which is slightly higher from last month’s average of $376. That’s due to a non-waterfront property selling for $5,000,000. Stay tuned to the blog to see how the trends in Coral Gables change over the month of June!