In August 2009 there were 322 HOUSES LISTED FOR SALE compared to 511 in August of last year. The NUMBER OF HOUSES sold/under contract in August 2009 was 66 compared with 70 in August 2008. The average SOLD PER SQUARE FOOT price, has decreased 10.1%, from August 2008.
As for CONDOS, there were 317 units LISTED FOR SALE in August 2009 compared to 372 in August of 2008. The NUMBER OF CONDOS sold/under contract in August 2009 was 42 compared with 21 in August of 2008. So you can see that inventory was down and sales doubled. The average SOLD PRICE, PER SQUARE FOOT, decreased 6.6%, from August 2008.
Because of the number of units available and downward trend of the prices, it is considered a strong Buyer's Market in Coral Gables, for both houses and condos. With the wonderful selection of houses and condos currently available in Coral Gables, it is a great opportunity to purchase property here. The services are superior in the "City Beautiful"; people who live here love it. Call me for more specific information—whether you're looking to purchase or to sell property: 305-968-4759. You can also contact me via email, if you prefer: b@SuperbMiamiHomes.com I look forward to hearing from you!
ZIP Codes: 33134, 33146 Location Characteristics: Coral Gables is the City Beautiful with a variety of communities and excellent levels of city service. Here you will find majestic mansions on tree-lined streets; waterfront residences with docks, in gated communities; stately historic houses from the 1920s; quaint 1950s houses in modest neighborhoods; and condos of all sizes and levels of amenities.
About Beatriz Portela:
Beatriz specializes in the sale of Exceptional Residences in the beautiful South Florida area: from homes in the woodsy enclaves of Coconut Grove to luxurious condominiums in Brickell, the Biscayne corridor and Miami Beach...from distinguished historic houses in Coral Gables and South Miami Avenue, to island living in Key Biscayne...to trendy new developments on the Miami River and downtown...to waterfront homes with dock space.
As a full-time Realtor, Beatriz is committed to providing personal, superior service. She assists customers with all of their real estate needs, including Loan Pre-Approvals and Financing, Contract Negotiations, Closing Details, National and International Relocation Services and coordination of Property Management. Services for sellers include in-depth Comparative Market Analysis to assist in pricing; Home Staging; and extensive, customized Marketing and Advertising.
Beatriz has a Masters degree in Business Administration from the University of Miami and a BA degree from the University of California. She is a member of the National Association of Realtors, the Florida Association of Realtors and the Realtor Association of Miami and the Beaches. She holds a Real Estate Salesperson License for the State of Florida. She is also a certified Relocation Specialist, who works extensively with incoming national and international customers, as well as placing outgoing customers with qualified agents at their destinations. Beatriz is bilingual in English and Spanish.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
