Coconut Grove vs. Coral Gables 2009
By Riley Smith, Coconut Grove Specialist
(EWM Realty, International)
I think many people were surprised after yesterday’s post to learn that Coconut Grove home values dropped 15% in 2009. I did a quick analysis of the Coral Gables market for 2009 and thought some of you might be interested to see how we compared to the City Beautiful. It wasn’t just Coconut Grove that was hit hard, see the stats for Coral Gables below. Coral Gables 2009 Real Estate Market Review The total number of homes sold in Coral Gables in 2009: 347 (308 in 2008) Average “sales price per square foot” in 2009: $284.00 ($309.00 in 2008) Average sales price in 2009: $987,687 ($1,042,585 in 2008) For those of you who missed yesterday’s post, Coconut Grove 2009 Real Estate Market Review. To view all homes for sale in Coconut Grove, click here. To view all homes for sale in Coral Gable...
Comments
1