Coral Gables Market Snapshot – April 2009 – $700,000 to $1,499,999

1229 Asturia, $995,000

1229 Asturia, $995,000

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

The amount of active listings in this price range continues to decline, just as we are seeing across all markets in South Florida right now. We have actually decreased 25% in the number of active listings in the MLS in this price range as compared to this time last year. That’s great news! So we are heading towards a more balanced market.

We have also had an increase in the number of pending sales this month. Compared to last year at this time, we are up 11%!

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