Your Real Estate Market Update

Coral Gables, FL

Single-Family Homes

Maria Murdock | 305.815.9425



Coral Gables, FL

Thu Feb 27 2020
This week the median list price for Coral Gables, FL is $1,580,000 with the market action index hovering around 26. This is an increase over last month's market action index of 25. Inventory has held steady at or around 383. Click here to stay informed with the Coral Gables market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Coral Gables, FL

Thu Feb 27 2020
This week the median list price for Coral Gables, FL is $1,580,000 with the market action index hovering around 26. This is an increase over last month's market action index of 25. Inventory has held steady at or around 383. Click here to stay informed with the Coral Gables market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Coral Gables market.
Median List Price $1,580,000
Per Square Foot $518
Days on Market 218
Price Decreased 36%
Price Increased 2%
Relisted 9%
Inventory 383
Median Rent $3,200
Most Expensive $27,900,000
Least Expensive $249,000
Market Action 26
Slight Buyer's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$4,580,000 6,125 0.5 - 1 acre 6 7 23 5 4 265
$2,224,500 3,843 0.25 - 0.5 acre 5 5 44 5 4 262
$1,297,000 2,634 0.25 - 0.5 acre 4 3 67 1 2 190
$722,400 1,635 6,500 - 8,000 sqft 3 2 69 9 8 155