There are now 80, that's right 80 pending sales in Coral Gables. My last blog post on May 1st reports 77 pending sales. 43 of these sales have pended within the last 30 days. The pending home list prices range from $ 178,000 to $ 12.7 Million. It seems quite a few buyers and investors have decided now is the time to make their move. Continue Reading!
Coral Gables Category
434 Minorca has been on the market for 6 days, was priced to sell and is now a pending sale. Just adding to the list of 77 other pending sales in Coral Gables. For you sellers...This goes to show that aggressive pricing is what moves home sales. Continue Reading!
Here are the two new price reductions in Cocoplum: 190 Isla Dorada Reduced to: $ 1,550,000 5 Bedroom, 4 full baths, 1 half bath 470 Costanera Reduced to: $ 4,650,000 Miami Beach Polo Games begin today at 20th and Ocean drive right on the beach. The official dates for the games are the 1-3 of May but practice and pre-games being today. Come out and enjoy the great weather. Hope to see you there! Continue Reading!
115 Paloma This home offers 100 feet on the water with only one bridge to the bay. The estate totals 6,089 square feet of living space with 6 bedrooms, 7 full baths and one half bath. The home was built in 1995 and has implemented a custom kitchen, touch light system and electric shutters. Offered at $ 3,995,000 Offered by: Mayi De La Vega- One SothebysContinue Reading!
The home on Costanera is located in the gated community of Cocoplum which currently has 2 other homes with pending contracts. The second home is located near the Riviera Country Club and sold very close to the asking price. Coral Gables currently has 70 pending contracts. 335 Costanera Listed at: $ 1,575,000 Sold: $ 1,269,862 5 bedrooms, 5 baths, 4,751 square feet 1520 Dorado Listed at: $ 898,000 Sold: $ 860,000 4 bedrooms, 4 baths, 2,528 square feet, 1926 Old Spanish completely updated Continue Reading!
7020 Prado Listed at $12,700,000 Built in 2003, Square feet: 11,440 , 6 bedrooms, 6 full baths, 1 half bath, 4 car garage, ocean access with no brides to the bay. 145 Rosales Listed at $ 3,200,000 Built in 1991, Square Feet: 5,778 , 6 bedrooms, 5 full baths, 1 half bath, 3 car garage, waterfront with private dock. Continue Reading!
The graph below provides an overview of the real estate market in the Gables. Home sale remain stable as do pending sales. The month of April has not been accounted for on this graph. Currently there are 70 pending sales in Coral Gables. Once these pending sales being to close, it will be interesting to see how they affect current prices. Coral Gables (MC 03) 1 year 15 months Mar 08 Mar 09 % Change Jan 08 Mar 09 % Change For Sale 630 588 -6.7% 577 588 1.9% Sold 28 28 0% 20 28 40% Pended 31 26 -16.1% 23 26 13% Continue Reading!
Priced at $1,599,000 Lease $4,400 /Month 3 bedrooms, 3 baths, 2948 Square feet 100 Feet on the water, NO BRIDGES to the bay. Great family home...plenty of room for jet- skis and boats! Gated and Guarded 24/7 this is a prestigious boating community within the beautiful Coral Gables. For more information or to schedule a showing please contact The DiCarlo Group. Continue Reading!
Below you will find a list of sales that have recently closed in Coral Gables. You will see that all price ranges are selling...not just a certain area or price. On a personal note, I have been showing a customer North Gables homes for the past few months. This past weekend we went out again, and 7 of the homes I have shown are now pending sales and 2 have closed. Address List Price Sale Price 8585 Old Cutler $15,000,000 $12,900,000 13060 Mar $4,000,000 $2,500,000 6901 Sunrise $3,990,000 $3,300,000 3801 Riviera $2,150,000 $1,900,000 13030 Zambrana $1,999,000 $1,750,000 4500 Ridgewood $1,649,000 $1,550,000 6709 Tarrega $1,499,000 $1,153,500 6201...Continue Reading!
During the past 30 days, 33 homes in Coral Gables have received contracts and are pending. Below you will find a list of these homes. So what does this mean for you the buyer. Well it seems as though buyers and investors are making their moves as I write this post. So now you ask yourself why the media is not reporting this purchasing trend? Well first of all the media is looking at the market as a whole not individual cities. Also, they want to see...Continue Reading!