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Coral Gables and Pinecrest are two highly-sought-after, family-friendly cities that both offer beautiful single-family homes, excellent schools, plenty of shopping and a true variety of restaurants.
Despite many differences, Coral Gables and Pinecrest share many similar attributes, which is why a lot of families moving to South Florida compare these 2 cities when deciding where to call home. So, let’s look at the numbers to compare how the single-family home market in Coral Gables currently compares to the single-family home market in Pinecrest…numbers don’t lie.
Available Waterfront Single-Family Home Inventory At this time, Coral Gables has 72 waterfront single-family homes listed for sale with an average list price of $6,939,114 and an average list price per square foot of $953.55. In Pinecrest, there are presently 12 waterfront single-family homes for sale (canal/lagoon) with an average list price of $1,385,219 and an average price per square foot of $365.66.
Coral Gables Waterfront Single-Family Home Inventory
Pinecrest Waterfront Single-Family Home Inventory (canal/lagoon)
Available Non-Waterfront Single-Family Home Inventory To date, Coral Gables has 288 non-waterfront single-family homes listed for sale with an average list price of $1,631,904 and an average list price per square foot of $458.94. In Pinecrest, there are currently 206 non-waterfront single-family homes for sale with an average list price of $2,328,442 and an average price per square foot of $410.89.
Coral Gables Non-Waterfront Single-Family Home Inventory
Pinecrest Non-Waterfront Single-Family Home Inventory
Single-Family Waterfront Homes Closed in the Last 6 Months In the last 6 months, 24 waterfront single-family homes have sold in Coral Gables with an average sales price of $5,098,137 and an average price per square foot of $694.41. Pinecrest has seen only 6 sales of waterfront single-family homes in the last 6 months with an average sales price of $1,430,833 and an average price per square foot of $359.32.
Coral Gables Waterfront Single-Family Homes Closed in Last 6 Months
Pinecrest Waterfront Single-Family Homes Closed in Last 6 Months
Single-Family Non-Waterfront Homes Closed in the Last 6 Months In the last 6 months, 281 non-waterfront single-family homes have sold in Coral Gables with an average sales price of $957,918 and an average price per square foot of $372.54. Pinecrest has seen 94 sales of non-waterfront single-family homes in the last 6 months with an average sales price of $1,380,451 and an average price per square foot of $319.79.
Coral Gables Non-Waterfront Single-Family Homes Closed in Last 6 Months
Pinecrest Non-Waterfront Single-Family Homes Closed in Last 6 Months
Coral Gables & Pinecrest Single-Family Home Months of Inventory
Coral Gables & Pinecrest Waterfront Single-Family Homes
Coral Gables & Pinecrest Non-Waterfront Single-Family Homes
Interested in the South Florida Real Estate Market???
If you, or someone you know, would like more information about the real estate markets in Coral Gables and/or Pinecrest, please contact Michael Light, Director of Luxury Sales at Douglas Elliman Real Estate. You may reach Michael directly at his office at (305) 350-9842, on his cell phone at (786) 566-1700 or via email at michael@miamiluxuryhomes.com.
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