Coral Gables Market Snapshot – April 2009 – Up to $699,999

836 Genoa Street, $549,000

836 Genoa Street, $549,000

The numbers are in for April! And we have some great news in this price range in Coral Gables.

Our inventory has been decreasing steadily over the past year, which is going to help us get back to a healthy, balanced market. Last year there were 196 active listings in this price range, and in April of this year, there were 167 active listings. That’s a decrease of 15% over last year!

The best news of all is that 31 homes pended sale last month. That’s more pending sales in this price range than we’ve had in more than a year. And it’s a 138% increase in the number of pending sales over last year! This brings great hope for May when all of these deals will close!

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