“Gables Estates” Market Has Been Slow

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Gables Estates continues to be one of the premium gated communities in Coral Gables.  But with no sales in 2010 their market has certainly slowed down (they had 7 sales in 2009). 

This lack of sales is not indicative of the rest of the ultra-luxury market in Coral Gables.   Below is a breakdown of the ultra-luxury sales in Coral Gables (they occurred in Snapper Creek Lakes, Journey’s End, Cocoplum and Old Cutler Bay):

  • $3,000,000 – $4,000,000: 10 homes sold in 2010
  • $4,000,000 – $5,000,000: 2 homes sold in 2010
  • $5,000,000+: 4 homes sold in 2010

To view a list of homes currently on the market in Gables Estates, please click here.

If you are interested in buying, selling, building or renting in Coral Gables and are looking for a real estate agent who specializes in the area, please feel free to contact me at 305.342.1623 or send me a note here.

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