In the month of November 2017, we saw a slight decrease in the number of sales from October to November. There was a total of 34 closed transactions in Coral Gables. There was 1 waterfront property that sold this month. The price per square foot for this water-front property that sold this month was $533.02. Last month average of 6 water-front properties was lower. The sales price for the water-front property this month was $2,300,000.
The average price per square foot of non-waterfront homes was $370.98 which is slightly higher from last month’s average of $360 That’s due to a non-waterfront property selling for $3,275,000. Stay tuned to the blog to see how the trends in Coral Gables change over the month of December!