A total of 116 3-bedroom single-family homes sold in North Coral Gables in 2012 for an average sales price of $535,636 ($257/SF).
There is currently (approximately) 4.3 months of supply for 3-bedroom single-family homes in North Coral Gables.
Conventional wisdom states that a 6 month supply of unsold homes is a balanced market. Less than 6 months of supply (supposedly) gives sellers the advantage because buyers have fewer options. More than 6 months of supply gives buyers more options, allowing buyers to better dictate terms to sellers.
Hope this helps.
Market at this time in Miami is very heptic.
Need help, just call me at 305 519-3199
The market is very active...............and probably I can get you an offer or two in less than 30 days, depending largely on the location and price. My customers are all coming from South America and they are cash buyers. Feel free to call and I will be happy to help you. Call me: 786-413-7170.
Lic Real Estate Broker
ZIEGERT INTERNATIONAL REALTY, LLC
MIB REALTY, Miami Intl. Brokers LLC.
10300 Sunset Dr #157
Miami, FL 33173
SUPERIOR HOMES REALTY
If you need any kind of assistance please contact me at 305.877.2880 or email me. Good luck!
Vivienda Miami Real Estate Group
The market time in Miami Dade county varies by areas and the types of property that is for sale. Many areas within the country have been going under contract within days of being placed on the market if they are priced according to the immediate area, condition and comparables. Depending on your particular circumstances and location that will determine your pricing and time frame. To get a more accurate number for your particular area, you will want to speak with a realtor that can provide you with the information for your area, and this will let you know what the most recent sales have been, and what you would be competing with. Please feel free to contact me if you need additional assistance.
Lila Lopez, CRS, CDPE, e-Pro
RE/MAX Advance Realty