Today I ran the numbers for waterfront properties in Coral Gables and found some interesting stats. Since the beginning of 2015, sales of waterfront homes in Coral Gables has significantly slowed down. On the flip side, values have increased at a steady pace for this segment of the market. The fact that sales have slowed down as prices have risen is not surprising. Buyers tend to get cold feet when they see prices increasing in such a short period of time. This also
There are currently 72 waterfront properties on the market in Coral Gables. These are listed for an average price of $6,000,000 and $889/square foot. Values for waterfront homes vary dramatically depending on whether or not the property is in a gated community, what type of access it has to the bay (bridges or no bridges) and the condition & size of the home. For a list of waterfront homes in Coral Gables click here.
If you are considering selling your Coral Gables home and would like to know how we sell our listings fast and for the highest price possible, please contact us today. We can be reached anytime at 305-342-1623 or by sending us a message here.