Balanced MarketJune 2026

Coral Gables Housing Market Report

Live MLS data · 100 active listings · $2.6M median · Updated June 2026

TL;DR

The Coral Gables housing market has 100 active listings with a median asking price of $2.6M as of June 2026. 22% of listings have had a price reduction. Average price per square foot is $1181, with homes spending an average of 65 days on market — a balanced market.

100

Active Listings

$2.6M

Median Price

$1181

Avg $/sqft

65

Avg Days on Market

22%

Price Reduced

Price Distribution

Under $300K
4 (4%)
$300K–$500K
7 (7%)
$500K–$750K
8 (8%)
$750K–$1M
6 (6%)
$1M–$2M
17 (17%)
$2M+
58 (58%)

By Property Type

House
$4M
Condos
$610K

Median Price by Bedrooms — Coral Gables

BedroomsActive ListingsMedian Price
Studio/1 BR16$550K
2 BR16$665K
3 BR25$2M
4 BR16$3.4M
5+ BR27$6M

ELLA AI Market Analysis — Coral Gables

The Coral Gables real estate market currently has 100 active listings as of June 2026, with a median asking price of $2.6M and an average of $1181/sqft. Homes are spending an average of 65 days on market — conditions are relatively balanced between buyers and sellers.

Condos represent the best value in Coral Gables right now, with an average price per square foot of $640 and a median asking price of $610K. There are currently 27 active condos listings available.

With 22% of listings having reduced their price and an average DOM of 65 days, Coral Gables offers opportunities for both buyers and sellers. ELLA's IQ score analyzes each listing individually to identify the best-value opportunities.

Frequently Asked Questions — Coral Gables Real Estate Market

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

As of June 2026, the median asking price in Coral Gables is $2.6M, with an average of $4.2M. Prices range from $199K to $27.5M. The average price per square foot is $1181.

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

Coral Gables is currently a balanced market. Homes average 65 days on market with 22% showing price reductions. Well-priced properties still move at a fair pace, and both sides can negotiate effectively.

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

As of June 2026, homes in Coral Gables spend an average of 65 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 $640/sqft with a median price of $610K. There are 27 active condos listings available.

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

Based on the median home price of $2.6M in Coral Gables, Casa Simple buyers typically receive savings of $17K–$35K 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 $35K back at closing.

Coral Gables Housing Market Report — June 2026 | Casa Simple