Realty Times - Coral Gables, Florida Market Conditions

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CONDITIONS™

By Local Real Estate Experts

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Florida > Coral Gables

Market Conditions Summary for Coral Gables, Florida

Reported by

Michael Sahlman
as of 10/7/2008:

31 homes and condos sold in September with sales prices that were 89% of asking price. The average sales price was $976,000 and stayed on the market for 93 days. Call 1-800-639-3520 Ext. 9069 for Free Reports on Coral Gables (our 24-hour recorded... MORE->
About Michael Sahlman

Reported by

Beatriz Portela
as of 10/6/2008:

In beautiful Coral Gables the HOUSES LISTED FOR SALE has increase relative to last year. In August 2008 there were 519 compared to 518 in August of last year. There was a 21 month inventory of houses available in August of this year compared to 18... MORE->
About Beatriz Portela

Reported by

Tom De Mello
as of 9/15/2008:

A buyer's market is characterized when there is an oversupply of inventory like the one that is experienced today. This mean plenty of opportunities for buyers as prices have adjusted considerably down and sellers are motivated. It is true that... MORE->
About Tom De Mello

Reported by CARLOS GARCIA--KEYES REALTORS as of 7/9/2008:	Coral Gables (Miami) is a unique area which is always the last one to feel the effects of an economic slowdown and the first one to exit from it. We do not have any huge employer other than government and American Airlines. We have many Mom and Pop... MORE-> About CARLOS GARCIA--KEYES REALTORS
Watch one of my Television commercials.

Reported by

Shelia Ferguson, P.A. Broker-Assoc., GRI
as of 7/3/2008:

Statewide we continue to see an increase in existing home and condominimum sales from March to April. We experienced a 20% increase on single family and 21.6% on condo sales statewide. Coral Gables Single Family Homes Price band $5... MORE->
About Shelia Ferguson, P.A. Broker-Assoc., GRI

Average Current Market Rating: 1.6 (5 ratings)

1	2	3	4	5
Buyer's Market			Seller's Market

Average Current Price Trend: 2 (5 ratings)

1	2	3	4	5
Falling			Rising

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Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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