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What is the housing market like in Coral Gables today?
More than 1,000 Coral Gables Elegant Homes are on the Coral Gables Register of Historic Places as early city planners were influenced by the aesthetics of the City Beautiful Movement of the early 1900s.
Coral Gables Elegant Home sold for $6.500,000 on October 14, 2022. Purchase price works out as $1,543 per square foot. The spacious house built in 1960 is located in 1046 Alonso Ave. Coral Gables, FL. The 4,212-square-foot property features five bedrooms, five bathrooms, and was designed around spectacular outdoor areas showing 85 ft of waterfront as well as a pool in the backyard. After 7 days active it was taken off the market with a cash offer.
Buying a Home in Coral Gables for $39.9 Million and $35 Million
Residential real estate in Coral Gables continues to rise in price, making it among the most valuable in South Florida. According to Redfin, the average home in Coral Gables now costs $835,000, up 23.7 percent from last year. What is more remarkable is the brisk pace of sales for homes at the top of the market. There are typically only a handful of houses that sell for stratospheric prices each year. Here are two examples of houses on the market today.
