Coral Gables, FL

Population: 49,631
Average annual home appreciation rate: 20.76%
Total of homes for sale in this market: 199
Median home price: $701,882
Median Rent: $1,521 per room
Home price range: 24.55% of homes are between > $1,142,000
Median sales price: NO DATA
Number of homes: 1,812
Median foreclosure sales price: NO DATA
Foreclosure discount: NO DATA
Most common home type: 55.78% of homes are Single Family Detached
Number of vacant homes: 14.94%
Number of renters: 30.66%
Number of owner occupied: 69.34%
Number people living below poverty level: 8.50%
Unemployment rate: 4.10%
Is this area perfect for real estate deals going on right now? Data shows that Coral Gables is still one of the best markets in the nation to invest in real estate. Home prices are high, but there are so many opportunities due to troubled properties and vacant (zombie) properties available on the market that a savvy investor could have an excellent experience in this market.

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