MLS: Coral Gables Single-Family Prices Skyrocket From 2020 to 2021

If you want to own a luxurious brand-new Coral Gables residence for under $1 million, all roads lead to Merrick Manor. New Multiple Listing Service (MLS) data shows that the City Beautiful’s single-family market is pricing out $1 million-and-under buyers.

The median list price for Coral Gables single-family homes was $2.7 million in November 2021 – a whopping 33% year-over-year increase from $1.98 million in November 2020. The median sold price surged by 37% year-over-year during that span, from $1.18 million to $1.88 million.

Many people want to put down roots in Coral Gables, but opportunities to purchase single-family homes for anything close to $1 million are nonexistent. Merrick Manor’s condominiums are an ideal alternative for $1 million-and-under buyers and offer luxury living at its finest and most convenient.

Located at 301 Altara Avenue, the 10-story, 227-residence Merrick Manor’s pet-friendly amenities and lifestyle truly cannot be beat. Merrick Manor also has a Zillow Walk Score of 77, making it “very walkable.”

Berkshire Hathaway HomeServices EWM Realty is the exclusive residential sales and marketing representative for Merrick Manor.

For more information about the residences at Merrick Manor, visit the new Sales Gallery in Suite 117 on the ground floor of the building at 301 Altara Ave., Coral Gables, FL 33146 – or contact the Berkshire Hathaway HomeServices EWM Realty team by calling (305) 779-6870. The Sales Gallery is open from 10 a.m. to 6 p.m. on Monday through Friday and from 11 a.m. to 5 p.m. on Saturday and Sunday.