Coral Gables Homes with the Biggest Price Drops

Find the Coral Gables home that fits your life, with the costs understood and the offer planned before you commit.

Live BeachesMLS listings matching this search in Coral Gables, Florida, updated throughout the day.

Large cuts in Coral Gables often come from a gap between what the listing promised and what the city will allow. A lot marketed for a new house drops when buyers learn the existing home is designated historic and its demolition may not be approved. A house on the Coral Gables Waterway priced like deep water loses ground once buyers trace the bridges between its dock and the bay. A new residence that set a high for its street can be cut after an appraisal finds no sale to support it. Before offering, ask for the price history, the permit and Board of Architects file and the closings from the same section, then judge whether the reduced price has reached them.

24 listings, largest price cut first.

The 24 listings on this page run from $489,000 to $30,000,000, with a median of $2,822,500, about $1,146 per square foot, and they have been listed a median of 239 days.

The communities with the most listings here are Coral Bay (3), C Gab Riviera (2), Coral Gables (2), Coral Gables Country Club (2) and Coral Gables Riviera (2), 11 of the 24; the others are spread across 12 more communities. By type: 17 single-family homes, 6 condos and 1 multifamily property. Bedrooms run from 2 to 6, a median of 4; they were built between 1926 and 2021, a median of 1968, and 2 in the last ten years. 12 of the 24 have a pool, and 9 are on the water. They sit in 6 ZIP codes: 33133, 33134, 33143, 33146, 33156 and 33158.

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Coral Gables Biggest Price Drops: What Is on the Market

What the 24 biggest price drops for sale in Coral Gables tell you about this market, counted from the listings on this page as of November 8, 2026. Every figure moves with the inventory. Ask about any of these homes or request a showing from this page.

Listings on this page24
Asking prices$489,000 to $30,000,000
Median asking price$2,822,500
Median price per square foot$1,146/sq ft
Median living area2,422 sq ft
Bedrooms2 to 6, median 4
Year built1926 to 2021, median 1968
Median association fee (condos)$1,996/mo
Median days on market239 days
Listings with a price cut24 of 24
With a pool12 of 24
On the water9 of 24
With ocean access5 of 24
No fixed bridges to the inlet3 of 24
Garage spaces1 to 3
Median lot size (houses)14,374.8 sq ft

Communities With the Most Listings

CommunityListingsMedian asking price
Coral Bay3$19,800,000
C Gab Riviera2$3,400,000
Coral Gables2$2,675,000
Coral Gables Country Club2$2,547,500
Coral Gables Riviera2$3,400,000
South Brick2$2,695,000

By Asking Price

  • Under $2,500,000: 8 listings
  • $2,500,000 to $5,000,000: 9 listings
  • $5,000,000 and up: 7 listings

Counted from the listings on this page, BeachesMLS, as of November 8, 2026. Asking prices, not sale prices. Not an appraisal.

Coral Gables Biggest Price Drops: Questions Buyers Ask

How much do biggest price drops cost in Coral Gables?
The 24 biggest price drops for sale in Coral Gables on this page ask from $489,000 to $30,000,000, a median of $2,822,500 or about $1,146 per square foot, from BeachesMLS listings as of November 8, 2026. 8 are under $2,500,000, 9 are between $2,500,000 and $5,000,000 and 7 are at $5,000,000 and up. Asking prices are not sale prices: the Coral Gables housing market report shows what homes closed for.
How many biggest price drops are for sale in Coral Gables right now?
24 biggest price drops are listed for sale in Coral Gables as of November 8, 2026, and the typical one has been on the market 239 days; 24 of them have cut the asking price since listing. The list refreshes from the MLS through the day, and the alert on this page sends each new one the day it lists.
Which Coral Gables communities have biggest price drops for sale?
Coral Bay (3, median $19,800,000), C Gab Riviera (2, median $3,400,000), Coral Gables (2, median $2,675,000), Coral Gables Country Club (2, median $2,547,500), Coral Gables Riviera (2, median $3,400,000) and South Brick (2, median $2,695,000) hold the most biggest price drops for sale in Coral Gables today. The rest are spread across 11 more communities.
What are the association fees on biggest price drops in Coral Gables?
The median association fee on the condos in this search is $1,996 a month, from $801 to $4,554, as the listings state them as of November 8, 2026. The fee depends on what the association covers, from insurance and reserves to staff and amenities; we read the budget, the reserve study and any assessment before you offer.
Are these Coral Gables biggest price drops houses or condos?
17 of the 24 are single family houses and 6 are condos; the other 1 are townhomes, villas or multifamily, as of November 8, 2026. A house in Coral Gables is priced from the closed sales on its streets; a condo from its building's closings and its association's documents.

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