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Gables Estates Real Estate Activity Increases – Good Sign For Luxury Homes

April 17th, 2012 Written By

The gated community of Gables Estates is a good barometer for the luxury real estate market in South Florida.   Homes in Gables Estates start at $4,000,000 and go all the way up to $18,000,000 and it is without a doubt Coral Gables’ most exclusive and private community.

This year we have seen a drastic increase in the amount of activity in Gables Estates.  So far in 2012 there have been 4 sales with a total of $42,845,000 in volume (plus $20,000,000 worth of pending sales).  This figure far surpasses the amount of volume sold in 2011 in Gables Estates.

The news should not be surprising in light of my recent posts which show that the Coral Gables real estate market is thriving in 2012 but it is encouraging that all segments of the market are seeing positive results.

If you are considering listing your Coral Gables home for sale please don’t hesitate to contact me.  The market is rapidly changing and I would be happy to discuss the current value of your home with you.  I can be reached on my cell at 305-342-1623 or you can send me a note here.

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