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Sellers See Nice Returns On Their Investment Just 1 Year After Purchase

November 5th, 2013 Written By

Coral Bay

We are seeing this scenario play out again and again across the Coral Gables real estate market.  Sellers are experiencing a nice gain on the sale of their home just 1 year after purchase.  The perfect example is the home located at 871 San Pedro Avenue in the guard gated community of Coral Bay.  This home sold in August of 2012 for a great price of $1,580,000.  The owners placed it back on the market in March of 2013 for a list price of $2,275,000.  It closed this month for just 4% off the list price at $2,200,000.  That is a gain of $620,000!  Broker was Shelton and Stewart.

If you are interested in working with a Coral Gables Realtor who knows the numbers and tracks the market, please contact me at 305-342-1623 or send me a message here.

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