Sep052012

By The Numbers: August 2012 Sales in Coral Gables

August sales numbers for Coral Gables single family homes are in. You’d think August would see a slowdown as people get the last of summer vacation in and prepare to return to school…but that was not the case. Coral Gables sales figures jumped 13% when comparing August and July homes sales.

A few tidbits that stuck out for me were that of the 38 homes which sold, only 1 was above asking price but more importantly, 30 homes sold at asking or for below 10% off asking price. The gap is continuing to close between list and sales price. That was true for 2 of the 3 homes I sold in Coral Gables in August.

Aug 2012 List Sales Price variance

Here’s an overview of all this month’s single family home sales:

Single Family Homes Sales Aug 2012 Coral Gables

Click here to see the detailed report of sold properties.

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