Coral Gables Real Estate Vault

Cocoplum Market Review | How Did It Fare In 2013?

January 28th, 2014 Written By Riley Smith

Today I wanted to review Cocoplum’s real estate market activity during in 2013.  You may remember my recent post about the waterfront homes in Cocoplum.  I explained that the waterfront properties had not bounced back from the downturn in the market as much as the non-waterfront homes in Cocoplum.   However, when you take a look at the Cocoplum market as a whole, you will see that the community has made a solid recovery in 2013.

The average “sale price per square foot” is up to $500.00, and the average sale price rose to $2,980,780.  There was not an increase in the number of homes sold, but that is likely due to lower inventory levels.

Homes in gated communities such as Cocoplum significantly higher than other homes in non-gated communities.  The average “sale price per square foot” for all homes sold in Coral Gables during 2013 was $336.00, with an average sale price of $1,095,000.

We know the Coral Gables real estate market and track the sales to help our clients make informed, confident decisions.  If you are interested in working with realtors who specialize in Coral Gables, please feel to contact us here .

This entry was posted on Tuesday, January 28th, 2014 at 10:55 am and is filed under Coral Gables Gated Communities, Coral Gables Real Estate, Coral Gables Waterfront Homes. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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