The numbers are in and it is clear that 2012 was an incredible year for real estate in Coral Gables.Â Across the board we experienced more sales, higher prices and faster transactions.Â Â The average sale price per square foot in Coral Gables jumped from $277.00 in 2011 to $303.00 in 2012 and the volume rose from$470,125,208 in 2011 to $613,668,311 in 2011.Â Another important figure was that the sale price to list price ratio increased by 2% from 91% to 93% in 2012 which indicates that sellers garnered a higher percentage of their asking price than they did last year.
Take a look at some of the other more notable figures from 2012:
We know Coral Gables real estate.Â If you are interested in buying, selling, building or renting and are looking for Realtors who specialize in Coral Gables, please feel free to contact us at 305.342.1623 or send us a note here.
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