Your Real Estate Market Update

Coral Gables, FL

Single-Family Homes

Maria Murdock | 305.815.9425



Coral Gables, FL

Sun Jul 21 2019
This week the median list price for Coral Gables, FL is $1,550,000 with the market action index hovering around 26. This is about the same as last month's market action index of 26. Inventory has held steady at or around 422. Click here to stay informed with the Coral Gables market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Buyer's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Coral Gables, FL

Sun Jul 21 2019
This week the median list price for Coral Gables, FL is $1,550,000 with the market action index hovering around 26. This is about the same as last month's market action index of 26. Inventory has held steady at or around 422. Click here to stay informed with the Coral Gables market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Buyer's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Real-Time Market Profile

Never miss important changes in the Coral Gables market.
Median List Price $1,550,000
Per Square Foot $484
Days on Market 207
Price Decreased 46%
Price Increased 2%
Relisted 9%
Inventory 422
Median House Rent $2,300
Most Expensive $29,900,000
Least Expensive $249,000
Market Action Index
Slight Buyer's Advantage
26

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$4,435,000 6,185 0.5 - 1 acre 6 7 23 0 2 298
$2,150,000 4,111 0.25 - 0.5 acre 5 5 49 3 6 235
$1,232,500 2,718 0.25 - 0.5 acre 4 3 66 7 5 176
$720,000 1,754 6,500 - 8,000 sqft 3 2 68 10 10 119