Your Real Estate Market Update

Coral Gables, FL

Single-Family Homes

Maria Murdock | 305.815.9425



Coral Gables, FL

Fri Sep 20 2019
This week the median list price for Coral Gables, FL is $1,596,500 with the market action index hovering around 27. This is about the same as last month's market action index of 27. Inventory has held steady at or around 372. 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

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

Fri Sep 20 2019
This week the median list price for Coral Gables, FL is $1,596,500 with the market action index hovering around 27. This is about the same as last month's market action index of 27. Inventory has held steady at or around 372. 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

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 $1,596,500
Per Square Foot $488
Days on Market 220
Price Decreased 40%
Price Increased 1%
Relisted 8%
Inventory 372
Median House Rent $2,625
Most Expensive $29,900,000
Least Expensive $298,000
Market Action Index
Slight Buyer's Advantage
27

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
$4,499,000 6,285 0.5 - 1 acre 6 7 22 2 0 306
$2,100,000 4,239 0.25 - 0.5 acre 5 5 45 3 2 251
$1,249,000 2,846 0.25 - 0.5 acre 4 3 64 4 6 193
$699,000 1,696 6,500 - 8,000 sqft 3 2 69 6 5 129