Buyer's MarketNovember 2026

Coral Gables Housing Market Report

Live MLS data · 198 active listings · $2.4M median · Updated November 2026

TL;DR

The Coral Gables housing market has 198 active listings with a median asking price of $2.4M as of November 2026. 16% of listings have had a price reduction. Average price per square foot is $1128, with homes spending an average of 96 days on market — a buyer's market.

198

Active Listings

$2.4M

Median Price

$1128

Avg $/sqft

96

Avg Days on Market

16%

Price Reduced

Price Distribution

Under $300K
7 (4%)
$300K–$500K
13 (7%)
$500K–$750K
17 (9%)
$750K–$1M
12 (6%)
$1M–$2M
38 (19%)
$2M+
111 (56%)

By Property Type

House
$3.3M
Condos
$825K
Single-Family
$3M
Townhouses
$4.2M
Office
$750K

Median Price by Bedrooms — Coral Gables

BedroomsActive ListingsMedian Price
Studio/1 BR47$1.7M
2 BR30$670K
3 BR50$2M
4 BR31$3.2M
5+ BR40$7.3M

ELLA AI Market Analysis — Coral Gables

The Coral Gables real estate market currently has 198 active listings as of November 2026, with a median asking price of $2.4M and an average of $1128/sqft. Homes are spending an average of 96 days on market — conditions are leaning in favor of buyers, with longer listing times and more seller flexibility.

Condos represent the best value in Coral Gables right now, with an average price per square foot of $765 and a median asking price of $825K. There are currently 68 active condos listings available.

With 16% of listings having seen a price reduction, there is meaningful negotiating room in Coral Gables. Buyers who are patient and well-prepared can expect sellers to be more flexible on price and terms.

Frequently Asked Questions — Coral Gables Real Estate Market

What is the average home price in Coral Gables right now?

As of November 2026, the median asking price in Coral Gables is $2.4M, with an average of $4.9M. Prices range from $85K to $75M. The average price per square foot is $1128.

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

Coral Gables is currently a buyer's market. Homes average 96 days on market and 16% of listings have had price reductions — indicating seller flexibility. Buyers have real room to negotiate.

How long do homes stay on the market in Coral Gables?

As of November 2026, homes in Coral Gables spend an average of 96 days on market before going under contract. This varies by price range and property type — condos and lower-priced homes typically move faster. ELLA's IQ score flags listings that have been sitting longer than expected, often indicating negotiation opportunity.

What is the most affordable property type in Coral Gables?

Condos are currently the most affordable by price per square foot in Coral Gables, averaging $765/sqft with a median price of $825K. There are 68 active condos listings available.

How much can I save buying in Coral Gables with Casa Simple?

Based on the median home price of $2.4M in Coral Gables, Casa Simple buyers typically receive savings of $16K–$32K at closing. This is a closing cost credit — you pay nothing extra. The exact amount depends on purchase price and plan.

What is the average HOA fee in Coral Gables?

HOA fees are not aggregated at the city level in our market report. Fees vary widely by building, community, and property type — condos typically have higher fees than single-family homes. Each listing on Casa Simple shows the HOA fee when available. For condo buildings, visit the building's dedicated page to see estimated average HOA fees.

Ready to buy in Coral Gables?

ELLA analyzes every listing in Coral Gables with an AI-powered IQ score. Get up to $32K back at closing.