Coral Gables Market Brief: Sales close in on $100 Million mark

We are almost 3 months into the new year and the city of Coral Gables has had $88,224,438 in sales thus far. Twenty three of these closed sale have been over $1 million and the other 49 closed sales start at $167,200. The highest priced closed sale in the Gables was $8.5 million and closed on March 12th. The market has started out strong and from what I see out in the field there is plenty of momentum building behind it. I had two open houses this weekend and both had a stampede of buyers come in. This is the first time in a long time that buyers have walked into my open houses feeling confident about purchasing a home.

As the stock market pushes forward continues to increase consumer confidence, and buyers continue to take advantage of the tax credits available, we are going to see a great year for real estate! Call us today so we can help you to find the home you have always wanted!

This entry was posted on Tuesday, March 23rd, 2010 at 7:55 am and is filed under Buyers, Coral Gables, Sellers. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.