In the month of January 2017, we saw a decrease in the number of sales from December to January, going from 37 to a total of 23 closed transactions in Coral Gables. There were 2 waterfront properties that sold this month. The average price per square foot for these waterfront properties sold this month was $584.34.
The average price per square foot of non-waterfront homes was $365 which is slightly lower from last month’s average of $370. Stay tuned to the blog to see how the trends in Coral Gables change over the month of February!