Search homes for sale in Coral Gables, famous for its shops and cafes along Miracle Mile as well as outdoor wonders.
Coral Gables, FL Housing Market
In July 2024, the Coral Gables real estate market experienced significant growth, with home prices soaring by 79.3% compared to the previous year, reaching a median price of $1.7M. On average, Coral Gables homes for sale took 71 days to sell, a notable increase from 47 days last year. A total of 77 homes were sold in July, up from 50 during the same period last year. The median sale price per square foot for homes for sale in Coral Gables, Miami, FL rose by 8.6%, now standing at $751. This upward trend highlights the strong demand and value appreciation for Coral Gables FL homes for sale.
The Coral Gables real estate market is relatively calm, with homes typically selling within 71 days. Multiple offers on Coral Gables homes for sale are uncommon, and properties generally sell for about 5% below the list price. However, "hot homes" in the area, which generate more buyer interest, tend to go pending in around 27 days and sell for just about 1% below the asking price. This provides buyers and sellers with a balanced market environment in Coral Gables FL, offering opportunities for negotiation and favorable deals.
Nationally, 2% of homebuyers are looking to move into Coral Gables from other metropolitan areas. Among these, New York homebuyers show the highest interest in relocating to Coral Gables, followed closely by buyers from Washington and Boston. This trend highlights the growing appeal of Coral Gables real estate to those seeking a new home in this desirable Miami suburb.
For detailed, up-to-date information on buying a house in Coral Gables, including legal considerations and market trends, you can talk to us.
The Coral Gables real estate market is experiencing significant growth, with home prices increasing by 79.3% over the past year. Homes for sale in Coral Gables Miami FL are in demand, with a median sale price of $1.7M and properties typically selling within 71 days.
Coral Gables offers a diverse range of properties, from historic Mediterranean-style homes to modern luxury residences. Whether you're looking for charming single-family homes or upscale estates, there are plenty of Coral Gables FL homes for sale that cater to different tastes and lifestyles.
Yes, Coral Gables is known for its family-friendly atmosphere, excellent schools, and safe neighborhoods. The area offers beautiful parks, cultural amenities, and a strong sense of community, making it an ideal place for families seeking homes for sale in Coral Gables.
When looking at Coral Gables homes for sale, consider the neighborhood, proximity to schools, and the type of home that best suits your needs. It's also important to understand the local market conditions, as Coral Gables real estate can be competitive, with some homes selling quickly, especially in desirable areas.
To successfully sell your home in Coral Gables, ensure it is well-maintained and consider making necessary updates to increase its appeal. Professional staging and high-quality photography can make a significant difference in attracting buyers interested in homes for sale in Coral Gables Miami FL.
Yes, Coral Gables is attracting attention from out-of-state buyers, particularly from New York, Washington, and Boston. These buyers are increasingly searching for Coral Gables FL homes for sale, drawn by the area's luxury lifestyle, favorable climate, and vibrant community.
Have questions or ready to explore Coral Gables homes for sale? Cesar is here to help! Contact now to get expert guidance on finding the perfect property in Coral Gables FL. Let's make your real estate dreams a reality!
Dive into our comprehensive neighborhood guide to discover everything Coral Gables FL has to offer! Whether you're searching for Coral Gables homes for sale or just want to learn more about this beautiful area, our guide provides all the insights you need. Start browsing now and see why Coral Gables real estate is perfect for your next move!
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