Numbers Don’t Lie: MLS Data Shows Coral Gables Condominium Inventory is Very Low, While Brickell/Downtown Miami is Flooded – Literally and Figuratively

A study of Multiple Listing Service (MLS) data shows that the three main zip codes comprising Brickell and Downtown Miami (33129, 33130, 33131) have nearly 10 times more condominium inventory than Coral Gables. Like the streets of Brickell and Downtown Miami during a rainstorm, the urban core’s condo market is heavily flooded.

Meanwhile, buyers who want to take advantage the City Beautiful’s unbeatable suburban charm, active lifestyle and value must act quickly. At the end of September, Coral Gables had an inventory of just 226 condos – compared with 2,231 in Brickell and Downtown Miami, according to the MLS.

The limited inventory of available condos in Coral Gables is going to disappear quickly, as buyers seeking to escape congested urban areas recognize the city as a suburban oasis with resilient property values. Merrick Manor, the city’s premier new luxury condo building, is benefitting greatly from that broader shift.

Merrick Manor is the only brand-new, move-in ready condominium offering in Coral Gables. 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 Sales Gallery 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.