Coral Gables Real Estate Market Update - December 2012

In the following table you can see all closings in Coral Gables for the month of December of 2012. There were a total of 74 closings. The main statistics are:

• Average price per square foot: $321
• Lowest price per square foot: $120 (Coral Gables Granada)
• Highest price per square foot: $2,242 (Gables Estates)
• Number of studios sold: 0
• Number of 1 bedrooms sold: 7
• Number of 2 bedrooms sold: 22
• Number of 3 bedrooms sold: 23
• Number of 4 bedrooms sold: 9
• Number of 5 bedrooms sold: 12
• Number of 6 bedrooms sold: 0
• Number of 7 bedrooms sold: 0
• Number of 8 bedrooms sold: 1
• Average discount: 6.95%

A unit at Coral Plaza was the quickest one to go pending sale in two days.

Address	Community	Bed/Bath	Living Area	Days on Market	List Price	Sale Price	Price per sq ft
700 BILTMORE WY # 1206	DAVID WILLIAM HOTEL CONDO	1/1	780	15	$98,000	$98,000	$126
318 MAJORCA AV # 105	BELLA MAJORCA CONDO	2/1	666	52	$125,000	$120,000	$180
700 BILTMORE WY # 507	David William	1/1	770	36	$139,900	$139,900	$182
3500 CORAL WY # 414	Coral Plaza of Miami Cond	1/1	630	0	$150,000	$148,900	$236
888 DOUGLAS RD # 1602	PUERTA DE PALMAS	2/2	1084	711	$210,000	$220,000	$203
1805 PONCE DE LEON BL # 718	The Ponce Tower Condo	1/1	697	67	$210,000	$190,000	$273
721 BILTMORE WY # 101	THE BILTMORE REGENT CONDO	1/1.5	948	63	$212,000	$205,000	$216
1805 PONCE DE LEON BL # 826	PONCE TOWER	1/1	697	160	$224,000	$215,000	$308
911 E PONCE DE LEON BL # 502	GABLES PARK TOWER	2/2	960	22	$225,000	$197,000	$205
888 DOUGLAS RD # 112	PUERTA DE PALMAS	1/1.5	1085	112	$250,000	$220,000	$203
4798 SW 2nd St		3/  .5			$258,500	$229,000	$170
1725 RED RD	CORAL GABLES SEC E REV	3/2	1726	280	$265,000	$266,500	$154
830 MONTEREY ST	WELBON SUB	2/1	1185	860	$269,000	$260,000	$219
1280 S ALHAMBRA CR # 2202	UNIVERSITY INN CONDO	2/2	910	165	$279,900	$260,000	$286
1003 SW 57 AV	CORAL GABLES GRANADA SEC	4/3	2210	611	$294,500	$265,000	$120
2011 RED RD	CORAL GABLES SEC E REV	3/2	1784	197	$299,000	$268,000	$150
1115 MILAN AV	CORAL GABLES GRANADA SEC	3/2	1191	137	$300,000	$199,000	$167
10 ARAGON AV # 1020	TEN ARAGON	2/2	1114	30	$319,500	$325,000	$292
625 BILTMORE WY # 1401	Gables Plaza	2/2	1400	14	$325,000	$292,000	$209
23 SANTANDER AV	CORAL GABLES CRAFTS SEC	2/1	1303	49	$330,000	$315,000	$242
600 BILTMORE WY # 517	BILTMORE 11 CONDO	2/2	1129	49	$334,500	$310,000	$275
1409 MEDINA AV	CORAL GABLES GRANADA SEC	2/2	1515	239	$338,000	$338,000	$223
118 ZAMORA AV # 302	VILLA ZAMORA	2/2	1489	116	$350,000	$340,000	$228
400 GERONA AV	CORAL GABLES RIVIERA SEC	3/2	1676	10	$374,999	$362,500	$216
4100 SALZEDO ST # 505	One Village Place	2/2	970	77	$379,000	$325,000	$335
100 ANDALUSIA AV # 215	ANDALUSIA	2/2.5	1246	308	$384,900	$342,650	$275
810 MESSINA AV	CORAL GABLES GRANADA SEC	3/2	1339	5	$392,500	$392,500	$293
409 ZAMORA AV	CORAL GROVES	3/2	1797	103	$425,000	$385,000	$214
536 MAJORCA AVE	CORAL GABLES SEC B	3/1	1681	2	$429,000	$390,000	$232
329 VISCAYA AV	COCONUT GROVE SEC PT 1	3/2	1658	28	$449,000	$440,000	$265
629 MADEIRA AV	CORAL ESTATES	3/2	1677	14	$450,000	$430,000	$256
493 MENENDEZ AV # 12	MENENDEZ PARK	2/3	1632	393	$459,900	$435,000	$267
736 MADEIRA AV	CORAL ESTATES	2/1	1217	16	$469,000	$458,000	$376
757 PARADISO AV	CORAL GABLES RIVIERA SEC	2/1	1667	173	$475,000	$500,000	$300
1811 CORTEZ ST	CORAL GABLES SEC B PB 5-1	3/2	1567	15	$495,000	$470,000	$300
1607 ponce de leon # PH-C	The Ponce de Leon	2/2.5	1315	125	$525,000	$485,000	$369
731 ANASTASIA AV	CORAL GABLES BILTMORE SEC	2/2	1800	66	$564,900	$540,000	$300
300 ALESIO AV	COCONUT GROVE SEC PT 1	2/2.5	2414	55	$579,000	$579,000	$240
830 GRANADA BL	CORAL GABLES GRANADA SEC	5/4	2731	7	$599,000	$563,000	$206
1100 S ALHAMBRA CR	CORAL GABLES RIVIERA SEC	3/2	2039	11	$649,000	$625,000	$307
6500 LEONARDO ST	CORAL GABLES RIVIERA SEC	2/2	2113	48	$675,000	$625,000	$296
4600 SAN AMARO DRIVE	CORAL GABLES COUNTRY CLUB	2/2	2069	39	$679,000	$665,000	$321
5101 MAGGIORE ST	CORAL GABLES RIVIERA SEC	4/3	2930	162	$699,000	$660,000	$225
6868 CORSICA ST	CORAL GABLES RIVIERA SEC	3/3	3129	144	$725,000	$645,000	$206
1009 ASTURIA AV	CORAL GABLES SEC C	3/2.5	2138	8	$749,000	$755,000	$353
5910 MAGGIORE ST	CORAL GABLES RIVIERA SEC	3/2.5	2089	97	$749,000	$730,000	$349
318 RIDGEWOOD	COCONUT GROVE MANOR	3/2.5	2381	28	$750,000	$740,000	$311
427 CATALONIA AV	CORAL GABLES BILTMORE SEC	3/3.5	2769	99	$779,000	$718,000	$259
901 BAYAMO AV	CORAL GABLES RIVIERA SEC	4/3	2790	3	$790,000	$725,000	$260
1801 CORDOVA ST	CORAL GABLES SEC C	5/4	3066	47	$849,000	$765,000	$250
1403 ALHAMBRA CIRCLE # ***	CORAL GABLES SEC E PB 8-1	4/3	3108	11	$850,000	$832,500	$268
1137 SOROLLA AV	CORAL GABLES SEC C	3/3	2541	8	$874,900	$800,000	$315
417 BARBAROSSA AV	CORAL GABLES RIVIERA SEC	4/2.5	3324	60	$925,000	$915,000	$275
630 TIZIANO AV	CORAL GABLES BISCAYNE BAY	3/3	3422	47	$950,000	$880,000	$257
1229 PLACETAS AV	RIVIERA WATERWAYS	4/3	2597	29	$975,000	$910,000	$350
725 TIZIANO AV	CORAL GABLES BISCAYNE BAY	3/3	3016	61	$998,500	$952,000	$316
755 UNIVERSITY DR	CORAL GABLES COUNTRY CLUB	5/4	2830	219	$999,000	$825,000	$292
13637 DEERING BAY DR # 242	Padua	3/3.5	3190	69	$1,068,500	$1,000,000	$313
40 S PROSPECT DR	SANS SOUCI REV & AMD PB 6	5/3	3441	20	$1,099,000	$1,070,000	$311
929 TENDILLA AV	CORAL GABLES COUNTRY CLUB	5/4	2812	46	$1,124,500	$1,000,000	$356
1024 CASTILE AV	CORAL GABLES SEC C	4/3	3236	55	$1,178,000	$1,070,000	$331
501 MINORCA AV	CORAL GABLES SEC B PB 5-1	5/4.5	3138	27	$1,225,000	$1,150,000	$366
1516 GARCIA AV	CORAL GABLES COUNTRY CLUB	5/4	4685	220	$1,246,000	$1,175,000	$251
60 EDGEWATER DR # 3E	The Gables Condo	3/3.5	3100	44	$1,290,000	$1,290,000	$416
13635 DEERING BAY DR # 254	Padua	3/4.5	3630	326	$1,400,000	$1,260,000	$347
13662 DEERING BAY DR	DEERING BAY ESTATES	2/2.5	3532	52	$1,450,000	$1,250,000	$354
1130 ALFONSO AV	CORAL GABLES RIVIERA SEC	4/4	2662	54	$1,475,000	$1,200,000	$451
2508 DE SOTO BL	CORAL GABLES SEC A	5/5.5	4122	86	$1,970,000	$1,762,500	$428
13678 DEERING BAY DR	DEERING BAY ESTATES	5/5.5	5360	839	$2,799,000	$2,500,000	$466
245 COSTANERA RD	COCOPLUM SEC 2 PLAT C	5/5	4411	262	$2,999,000	$2,600,000	$589
727 S ALHAMBRA CR	CORAL GABLES RIVIERA SEC	5/5	5726	108	$3,000,000	$2,450,000	$428
9375 BALADA ST	OLD CUTLER BAY SEC 2	5/4	3779	3	$3,150,000	$2,825,000	$748
200 LEUCADENDRA DR	GABLES ESTS NO 2	8/7.5	8878	280	$9,995,000	$7,500,000	$845
150 ARVIDA PW	GABLES ESTS NO 3	4/4	5530	193	$14,995,000	$12,400,000	$2,242