What is the median home price in Coral Gables?

Over the last 90 days the median sold price in Coral Gables was $2,362,500 for single-family homes and $560,000 for condos and townhomes, from BeachesMLS closings as of September 23, 2026. Homes for sale now are asking a median $3,197,500 and $725,000 respectively. These figures refresh daily on this page.

Is Coral Gables a buyer's market or a seller's market?

By months of inventory, the single-family side of Coral Gables is a balanced market right now: 5.5 months of supply, with condos and townhomes at 6.9 months (buyer's market). Under four months of supply favours sellers, over six favours buyers, and the two segments often sit on different sides of that line in South Florida.

How long does it take to sell a home in Coral Gables?

Single-family homes that closed in Coral Gables in the last 90 days had been on the market 72 days on average, and condos and townhomes 96 days. Sellers achieved 94.4% of their asking price on the typical single-family sale and 95.2% on the typical condo sale. Well-priced homes go under contract in the first few weeks; the average is pulled up by listings that started too high.

Are home prices in Coral Gables going up or down?

Over the last twelve months the whole-market median sold price in Coral Gables moved from $1,350,000 (Oct 2025) to $1,630,000 (Aug 2026), +20.7%. Comparing the last 90 days with the same 90 days a year earlier, single-family medians are +18.1% and condo medians +10.9%. Monthly medians swing with the mix of homes that happened to close, so the direction over several months matters more than any one month.

What is the median rent in Coral Gables?

The median asking rent in Coral Gables is $4,000 a month across 250 active rentals: $8,250 for houses and townhomes and $2,720 for condos and apartments. The Coral Gables rentals hub carries the full rental market table, updated daily.

Where do these numbers come from?

Every figure is computed from BeachesMLS through the Spark API: active listings are counted as of the refresh date (September 23, 2026), sold figures cover closings in the last 90 days compared with the same 90 days a year earlier, and the monthly table buckets closed sales by closing date. Statistics refresh once a day and are cached; inventory over time comes from our own daily snapshots. Nothing on this page is typed by hand, and none of it is an appraisal. BreakThru Realty's market data methodology page explains every calculation, and broker of record Tyson E. Sam reviews the method and the written guidance in this report.

BreakThru Realty Coral Gables Housing Market Report

Name: BreakThru Realty Coral Gables Housing Market Report
Creator: BreakThru Realty

BreakThru Realty analyzes BeachesMLS data daily to track home prices, inventory, sales, days on market and market direction in Coral Gables, Florida. These figures were updated September 23, 2026. Nothing here is typed by hand.

Coral Gables Housing Market: Key Figures

The median single-family home in Coral Gables sold for $2,362,500 over the last 90 days, +18.1% against the same period a year earlier.
The median condo or townhome sold for $560,000, +10.9% year over year.
Single-family homes that sold averaged 72 days on the market; condos and townhomes 96 days.
With 5.5 months of inventory, single-family homes are a balanced market; condos and townhomes, at 6.9 months, are a buyer's market.
279 homes and condos were for sale in Coral Gables on September 23, 2026.

Coral Gables Market at a Glance

Updated September 23, 2026 from BeachesMLS.

279homes & condos for sale
20new listings this week
78under contract
50waterfront listings
55luxury listings ($5,000,000+)
40sold in the last 30 days

	Single-family homes	Condos & townhomes
Active listings	146	131
Median list price	$3,197,500	$725,000
Median list price per sq ft	$1,149/sq ft	$624/sq ft
Average days on market	136 days	121 days
Sold in the last 90 days	80	57
Median sold price (90 days)	$2,362,500	$560,000
Sale price as % of list price	94.4%	95.2%
Months of inventory	5.5 months	6.9 months
Median sold price vs. a year ago	+18.1%	+10.9%

Source: BeachesMLS via the Spark API. Active listings as of September 23, 2026; sold figures cover closings in the last 90 days, compared with the same 90 days one year earlier. Not an appraisal. How these figures are calculated.

Coral Gables Home Sales by Month

Closed residential sales in Coral Gables by closing month, from BeachesMLS. The current month is partial until it closes.

Month	Closed sales	Median sold price	Median $/sq ft	Avg days to sell	Sale-to-list
Oct 2025	61	$1,350,000	$824/sq ft	88 days	93.1%
Nov 2025	43	$1,600,000	$762/sq ft	92 days	94.7%
Dec 2025	54	$1,397,500	$684/sq ft	95 days	94.4%
Jan 2026	38	$1,562,500	$790/sq ft	117 days	93.1%
Feb 2026	51	$1,600,000	$851/sq ft	89 days	94.4%
Mar 2026	56	$1,350,000	$712/sq ft	162 days	95.4%
Apr 2026	68	$1,897,500	$870/sq ft	79 days	95.6%
May 2026	64	$1,707,500	$823/sq ft	96 days	95.5%
Jun 2026	62	$1,175,000	$761/sq ft	97 days	94.5%
Jul 2026	50	$1,400,000	$861/sq ft	85 days	95.3%
Aug 2026	38	$1,630,000	$764/sq ft	63 days	94.5%
Sep 2026 (to date)	27	$1,400,000	$691/sq ft	86 days	95.7%

Coral Gables Inventory Over Time

Active listings, new listings and homes under contract in Coral Gables, from BreakThru Realty's daily snapshots of BeachesMLS (recorded since 2026-09-16).

Date	Active listings	New this week	Under contract	Sold in 30 days	Median list (single-family)	Median list (condos)
2026-09-16	268	22	79	44	$3,495,000	$749,500
2026-09-17	269	23	81	43	$3,300,000	$749,250
2026-09-18	270	21	79	44	$3,275,000	$769,250
2026-09-20	275	24	79	42	$3,300,000	$749,250
2026-09-21	275	19	79	36	$3,300,000	$749,000
2026-09-22	278	18	78	38	$3,300,000	$749,000

Coral Gables Rental Market at a Glance

Updated September 23, 2026 from BeachesMLS.

250homes for rent
$4,000/momedian asking rent
24new rentals this week
83leased in the last 30 days

	Houses & townhomes	Condos & apartments
Active rentals	102	148
Median asking rent	$8,250/mo	$2,720/mo
Median rent per sq ft	$4.30/sq ft	$3.41/sq ft
Average days on market	75 days	67 days
Leased in the last 90 days	132	198
Median leased rent (90 days)	$7,000/mo	$2,995/mo
Median leased rent vs. a year ago	+6.5%	+5.1%

Source: BeachesMLS via the Spark API. Asking rents are active rentals as of September 23, 2026; leased rents cover leases signed in the last 90 days, compared with the same 90 days one year earlier. Not an appraisal.

Home Prices in Coral Gables

Over the last 90 days the median single-family home in Coral Gables sold for $2,362,500 ($952 per square foot) and the median condo or townhome for $560,000 ($539 per square foot). Against the same 90 days a year earlier that is +18.1% for single-family homes and +10.9% for condos. Homes on the market now are asking a median $3,197,500 (single-family) and $725,000 (condos and townhomes). Medians describe the middle of the market; a waterfront estate and a garden condo pull in opposite directions, which is why the two segments are reported separately.

Inventory and the Pace of Sales

279 homes and condos are for sale in Coral Gables today, 20 of them listed in the last seven days, and 78 are under contract. 40 sales closed in the last 30 days. Single-family homes carry 5.5 months of inventory and condos 6.9 months, which makes the single-family side a balanced market: under four months favours sellers, over six favours buyers. Active single-family listings have been on the market 136 days on average, condos 121 days.

Single-Family Homes vs. Condos and Townhomes

The two halves of the Coral Gables market move differently. Single-family sellers achieved 94.4% of their asking price on the typical sale in the last 90 days after 72 days on market; condo and townhome sellers achieved 95.2% after 96 days. 80 single-family homes and 57 condos and townhomes closed in that window. Condo pricing also carries the building's fees, reserves and rental rules, so a low list price in an older tower is not the same deal as a low list price on a lot.

The Last Twelve Months

612 residential sales closed in Coral Gables over the last twelve months. The whole-market median sold price moved from $1,350,000 in Oct 2025 to $1,630,000 in Aug 2026, a change of +20.7%. The month-by-month table below shows closings, median price, price per square foot and days to sell; the current month is partial until it closes.

Selling a Home in Coral Gables

A Coral Gables home is priced by its section, its lot and its history as much as its square footage. A 1920s Old Spanish house in the Granada Section, a renovated ranch home in South Gables, a waterfront estate in Gables Estates and a downtown condo each have their own buyer and their own comparable sales, and historic designation, water frontage, flood elevation, lot size and whether the house is original, renovated or new can separate two homes on the same street. Your buyers often compare Coral Gables with Coconut Grove, Pinecrest and South Miami, so we price from the closed sales that match your home. Start with a free valuation built on recent MLS sales, ask for a full comparative market analysis, or request a guaranteed cash offer if you need a fast, as-is sale.

Investing in Coral Gables

Investors in Coral Gables usually buy one of three things: a condo near the University of Miami, Doctors Hospital or the downtown offices to lease to students, faculty, medical staff and professionals; an older house on a large lot to renovate or rebuild; or one of the small multifamily buildings in the older sections near downtown. Each has its own checks. A rebuild depends on the city's zoning, its architectural and historic review and the flood elevation, and the FEMA substantial-improvement rule can require an older home below flood elevation to be brought up to current standards once the work passes half its value. A rental depends on each association's leasing rules and on the city's rules on short-term rentals, so confirm both before you buy. The Coral Gables rental pages show live rents, and the price-reduced page tracks sellers who have cut the price.

Thinking About Selling in Coral Gables?

The median Coral Gables single-family home closed at $2,362,500 in the last 90 days and took 72 days to go under contract. Prices in your neighborhood may differ from the city average. Enter your address for a property-specific valuation built on the closed sales nearest your home.

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Coral Gables Housing Market FAQ

What is the median home price in Coral Gables?: Over the last 90 days the median sold price in Coral Gables was $2,362,500 for single-family homes and $560,000 for condos and townhomes, from BeachesMLS closings as of September 23, 2026. Homes for sale now are asking a median $3,197,500 and $725,000 respectively. These figures refresh daily on this page.
Is Coral Gables a buyer's market or a seller's market?: By months of inventory, the single-family side of Coral Gables is a balanced market right now: 5.5 months of supply, with condos and townhomes at 6.9 months (buyer's market). Under four months of supply favours sellers, over six favours buyers, and the two segments often sit on different sides of that line in South Florida.
How long does it take to sell a home in Coral Gables?: Single-family homes that closed in Coral Gables in the last 90 days had been on the market 72 days on average, and condos and townhomes 96 days. Sellers achieved 94.4% of their asking price on the typical single-family sale and 95.2% on the typical condo sale. Well-priced homes go under contract in the first few weeks; the average is pulled up by listings that started too high.
Are home prices in Coral Gables going up or down?: Over the last twelve months the whole-market median sold price in Coral Gables moved from $1,350,000 (Oct 2025) to $1,630,000 (Aug 2026), +20.7%. Comparing the last 90 days with the same 90 days a year earlier, single-family medians are +18.1% and condo medians +10.9%. Monthly medians swing with the mix of homes that happened to close, so the direction over several months matters more than any one month.
What is the median rent in Coral Gables?: The median asking rent in Coral Gables is $4,000 a month across 250 active rentals: $8,250 for houses and townhomes and $2,720 for condos and apartments. The Coral Gables rentals hub carries the full rental market table, updated daily.
Where do these numbers come from?: Every figure is computed from BeachesMLS through the Spark API: active listings are counted as of the refresh date (September 23, 2026), sold figures cover closings in the last 90 days compared with the same 90 days a year earlier, and the monthly table buckets closed sales by closing date. Statistics refresh once a day and are cached; inventory over time comes from our own daily snapshots. Nothing on this page is typed by hand, and none of it is an appraisal. BreakThru Realty's market data methodology page explains every calculation, and broker of record Tyson E. Sam reviews the method and the written guidance in this report.