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CORAL GABLES
Average Sales Price
Save for the previous year when prices rose annually to their highest levels, the average sales price for all single-family homes has steadily appreciated since 2019. As a matter of fact, they are up 61.5% from 2019.
CORAL GABLES JAN-JUNE PERIOD
SINGLE-FAMILY HOMES
Inventory scarcity is still prevalent and MSI of 3 months makes Coral Gables home market in high demand.The average time it takes for a property to sell has risen but it is still just under two months. Average sales price per square foot edged out 2022’s by 3.2%. The average price per square foot for $1M homes remains virtually unchanged from the previous year at $850/SF.
