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    Sellers Seek 28% Premium For Condos Listed For Sale In Coral Gables

    (This Report Is Powered By Brickell Ventures LP)

    DOWNTOWN MIAMI (Sept. 19, 2018) - Nearly 225 condo units are formally listed for sale in the city of Coral Gables in the South Florida county of Miami-Dade, according to a new report from Condo Vultures® Realty LLC.

    Based on condo sales of about 23 units monthly in the first half of 2018, the Coral Gables market now has nearly a 10-month supply of units available for purchase in the tricounty South Florida region of Miami-Dade, Broward and Palm Beach at the end of the Summer Buying Season, according to the report based on data from the Southeast Florida MLS Matrix.

    A balanced market is generally considered to have about six months of supply. More months of condo supply listed for sale suggests a buyer’s advantage and less months typically indicates a seller’s advantage in the market.

    Luxury Condos Traded For Average Of $556 PSF In Coral Gables In First Half Of 2018   

    (This Report Is Powered By Brickell Ventures LP)

    DOWNTOWN MIAMI (Sept. 19, 2018) - At least 45 luxury condo units are formally listed for sale at a minimum price of at least $1 million in the Miami suburb of Coral Gables in the South Florida county of Miami-Dade, according to a new report from Condo Vultures® Realty LLC.

    Based on luxury condo sales of less than four units monthly in the first half of 2018, Coral Gables now has nearly a 13-month supply of units available for purchase in the tricounty South Florida region of Miami-Dade, Broward and Palm Beach at the end of this year’s Summer Buying Season, according to the report based on data from the Southeast Florida MLS Matrix.

    A balanced market is generally considered to have about six months of supply. More months of condo supply listed for sale suggests a buyer’s advantage and less months typically indicates a seller’s advantage in the market.

    Landlords Ask $2.31 PSF Monthly For Coral Gables Residential Rental Properties

    (This Report Is Powered By Brickell Ventures LP)

    DOWNTOWN MIAMI (Sept. 19, 2018) - Nearly 190 residential rental properties are formally listed for lease in the Miami suburb of Coral Gables in the South Florida county of Miami-Dade, according to a new report from Condo Vultures® Realty LLC.

    Based on completed leases of about 57 residential properties monthly in the first half of 2018, Coral Gables now has more than a three-month supply of rentals - apartments, condos, efficiencies, multifamily and townhouses - available in the tricounty South Florida region of Miami-Dade, Broward and Palm Beach at the end of this year’s Summer Buying Season, according to the report based on data from the Southeast Florida MLS Matrix.

    A balanced market is generally considered to have about six months of supply. More months of supply listed for lease suggests a tenant’s advantage and less months typically indicates a landlord’s advantage in the market. 

    Buyers Purchased 6 Distressed Condos In Coral Gables In First Half Of 2018

    (This Report Is Powered By Brickell Ventures LP)

    DOWNTOWN MIAMI (Sept. 19, 2018) - At least five distressed condo units - both shortsales and real estate owned (REO) by lenders - are formally listed for sale in the city of Coral Gables in the South Florida county of Miami-Dade, according to a new report from Condo Vultures® Realty LLC.

    Based on distressed condo sales of about one unit monthly in the first half of 2018, Coral Gables now has about a five-month supply of REO and shortsale units available for purchase in the tricounty South Florida region of Miami-Dade, Broward and Palm Beach at the end of this year’s Summer Buying Season, according to the report based on data from the Southeast Florida MLS Matrix.

    A balanced market is generally considered to have about six months of supply. More months of condo supply listed for sale suggests a buyer’s advantage and less months typically indicates a seller’s advantage in the market.

    Buyers Purchased 19 Distressed Condos In Aventura In First Half Of 2018

    (This Report Is Powered By Brickell Ventures LP)

    DOWNTOWN MIAMI (Sept. 12, 2018) - More than 15 distressed condo units - both shortsales and real estate owned (REO) by lenders - are formally listed for sale in the Aventura market of South Florida, according to a new report from Condo Vultures® Realty LLC.

    Based on distressed condo sales of about three units monthly in the first half of 2018, Aventura now has more than a five-month supply of REO and shortsale units available for purchase in the tricounty South Florida region of Miami-Dade, Broward and Palm Beach during the Summer Buying Season, according to the report based on data from the Southeast Florida MLS Matrix.

    A balanced market is generally considered to have about six months of supply. More months of condo supply listed for sale suggests a buyer’s advantage and less months typically indicates a seller’s advantage in the market.

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