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Canal Front Homes In Coral Gables Sell On Average At $2,283,000

December 13th, 2010 Written By

Coral Gables Canal Front Homes

Lately I have had several clients interested in canal front properties in Coral Gables.  Canal front homes are a good option for people who want to be on the water and have a place to put their boat but cannot afford the prices of a bay front home.  

There have been 26 canal front homes to sell in Coral Gables this year.  The average selling price of these was $2,283,000 and the average price per square foot was $451.00.   Keep in mind that within this category of homes there can be drastically different values due to the fact that some are located in gated communities and some have access to the bay while others do not.    Also, values can be impacted by the distance of the house to the bay.  Some homes are so far west that it could take an hour to get to open water.  

There are approximately 60 canal front homes on the market in Coral Gables.  They range in price from $12,000,000 all the way down to $798,000 with an average list price of $3,951,000.  To view the canal front homes currently for sale in Coral Gables click here.

I know the numbers, I analyze the market, my clients make better decisions.  If you are interested in buying, selling, building or renting and are looking for a real estate agent who specializes in Coral Gables, please feel free to contact me at 305.342.1623 or send me a note here.

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