Archive for June, 2010

Coral Gables Market Update: Recent Closed Sales

Over the last 30 days there have been 33 closed sales in Coral Gables ranging from $3.1 M to $255,000. The average sale price per square foot for these home is $289, but of course this does not take into account specific home qualities. These sales bring the total closed sales this year to $202,638,072!

For more information on homes for sale in Miami or if you would like to schedule a listing presentation, please contact us via the contact tab at the the top of the page or 305.329.7728

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5530 Riviera: List Price: $2.995M Sold For: $2.750M

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5850 Riviera: List Price: $2.550M Sold For $2.375M

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3408 Toledo: List Price: $998,000 Sold For: $900,000

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538 Vilabella: List Price: 495,000 Sold For: $460,000

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New Construction Homes in Coral Gables

There are currently 35 homes on the market in Coral Gables that were built post 2007. They range in price from $599,900 to $24,500,000 with an average list price of $590 per square foot. This year there have been 8 new construction(fully completed) home sales with an average sale price per square foot of $410. Below you will find some of these beautiful homes that are on the market.  

9001 Banyan : $4,399,000

Year Built: 2008; 7 bedrooms, 7 full baths; 2 half baths; 9903 square feet; lake-front, Land size: 1 acre

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5450 Banyan: $4,300,000

Year Built: 2007; 6 bedrooms; 6 full baths; 1 half bath; 9578 square feet; Lot size: 1 acre

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1015 San Pedro: $3,575,000

Year Built: 2008; 5 bedrooms; 5 full baths; 1 half bath; 6061 square feet; Water-front; no bridges to the bay

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Coral Gables Market Update

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Coral Gables sales are continuing to hold strong as summer progresses. There were 30 sales in the last 30 days ranging from $2.750M to  $265,000. These closed sales bring the total closed inventory in Coral Gables to $188,325,382. This number is well out-performing last years sales, and with another $84,026,300 in pending sales, the pace of sales is not showing signs of slowing.

The active inventory has been decreasing over the past few months as well. There are currently 460 homes on the market in the Gables totaling just over $982 million.

If you would like to schedule a listing presentation or if you are interested in purchasing real estate in Miami, please contact us via the contact tab at the top of the page or 305.329.7728

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Pending Sales: The DiCarlo Group

921 Aduana: PENDING

921 Aduana

Beautiful Gables home on quiet tree lined street. Large open rooms seeped in natural light, wood and tiled floors, new wood & stainless steel kitchen, split bedroom plan, expansive family room with high beamed ceiling, overlooking a charming English style garden and patio with lots of flowering shrubs! Detailed mill work & crown moldings in living and family rooms, bright, bold colors, side entry 2 car garage.

 

671 Biltmore Way: PENDING

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Biltmore Village:  Beautiful private building with only 16 units, one block from the Granada Golf course and walking distance to Miracle Mile. Spacious interior – over 1,600 sf and a large private patio, approx, 300 square foot Eat-in kitchen with natural cherry wood, granite counters, stainless steel appliances. Split bedroom plan, walk-in closets.

2889 McFarlane #1404: PENDING

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 Bay & park views! Architectural Digest quality renovation in the Sonesta. NY style pied a terre with spectacular balcony sunsets, designer details, cherry wood finishes & Scavolini gourmet kitchen accented with charcoal porcelain tile floors. Commercial grade hurricane impact doors & all the features of a full service condo. Maintenance fee includes: A/C, hot water, cable, hi-speed internet, parking, pool, gym, restaurant & bar, valet & security.

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