Values Up But Sales Slow For Condos In Coral Gables

June 30th, 2014 Written By

We are working with several buyers right now who are looking for condos in Coral Gables.  When pulling comparables for various units, they were surprised by the large increase in values over the past year.  Take a look at the chart I created below which shows the average “sale price/square foot” for condos sold in Coral Gables.   Although values are up across the board, it appears we won’t catch up to the record breaking year of 2012 where there were 313 condos sold in Coral Gables.

Coral Gables Condos Chart 2

Coral Gables Condos Chart 1

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