Coral Gables On Track To Break Record | $1,000,000+ Home Sales

October 29th, 2014 Written By

Coral Gables Million Sales Chart

Reports surfaced this week stating that Miami was now among the nation’s Top 10 Luxury Home Markets.  The cities with the most $1,000,000+ home sales earned a spot on the list.  Coral Gables certainly contributed to these figures with over 177 $1,000,000+ properties sold in 2014.  And we are on track to sell more $1,000,000+ homes in 2014 than any year in history (with 79 under contract).  Rising values, low inventory and high demand are among the contributing factors to these high price sales.  Take a look at the chart I created above which shows how this segment of the market has grown over the past 5 years.

We are Coral Gables real estate specialists.

If you are interested in buying or selling real estate in Coral Gables, we would love the opportunity to work with you.  We can be reached anytime at 305-342-1623 or by sending us a message here.

Visit Our Other Miami Real Estate Blogs:
Coconut Grove Real Estate  | Brickell Condo Blog  | Key Biscayne Real Estate

Leave a Reply

Copyright ©     Log in     Design by Real Estate Tomato     Powered by Tomato Real Estate Blogs