Photo: Averette · CC BY 3.0665 homes sold in Coral Gables in the last year, at a typical $1.5M
About one sale in 3 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Coral Gables homes are listed.
Every place Coral Gables homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Coral Gables.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
A third of Coral Gables’ sales are condos, at $1.6M less than a house
389 houses and 218 condos sold in the year to May 2026. Houses sell faster.
typical sale · 389 sold in the year to May 2026
- Per square foot
- $907FL $245
- Days to sell
- 82
- Sold over asking
- 5%
- Listings with a price cut
- 19%
typical sale · 218 sold in the year to May 2026
- Per square foot
- $516FL $262
- Days to sell
- 104
- Sold over asking
- 3%
- Listings with a price cut
- 18%
Multi-family (2–4 units): 6 sold, typical $1.9M
Townhouses: 18 sold, typical $2.8M
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2022, at 2.2 times the 2016 price
665 sales in the last year, against 1,333 in 2021 and a low of 595 in 2024. The typical sale went from $707K in 2016 to $1.5M.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $1.6M buys in Coral Gables
Check a listing against what Coral Gables homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Coral Gables are back to pre-pandemic levels, but 43% fewer homes come up for sale
We read every month of Coral Gables’ home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 665 sales.
If you’re buying in Coral Gables
- Shop in October. It brings about 99 new listings a month, close to the busiest month, with fewer bidding wars (5% over asking).
- Offer under asking. Buyers paid 94% of the list price on average; 5% paid over.
- You’ll usually have time. Only 17% of homes go under contract within two weeks; the typical one takes 98 days.
Winter brings the homes; spring brings the bidding wars
February has the most new listings (about 114 a month), but May is the most competitive: 12% of May sales close over asking. October offers nearly as much choice with fewer homes bid up (5%). October has the least competition (5%).
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and about like Florida as a whole
| Coral Gables now | 2017–19 | 2021 peak | FL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 5% | 3% | 14% | 9% |
| Gone within two weeksShare of homes under contract within 14 days | 17% | 10% | 26% | 21% |
| Price paid vs. askingAverage sale price ÷ list price | 94% | 94.1% | 96.4% | 96.4% |
| Days to sellMedian days from listing to contract | 98 | 100 | 77 | 75 |
314 homes for sale on a typical day
That’s 1.3 times the 2023 low (235), 43% fewer than in 2017–19 and well under 2019’s 574.
Since 2019, houses are up 130%, condos 55%
A house typically sold for $2.1M in the year to May 2026 (389 sales), a condo for $528K (218).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Coral Gables ranks 406th of 542 busy Florida markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Coral Gables is in the middle of the pack.
Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Coral Gables home costs about $9,139 a month
Price: Coral Gables’ typical sale, last 12 months. Property tax at Coral Gables’ 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Coral Gables is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in February
The month with the most choice. December has the fewest, about 61.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $1.5M home, about $12,930 a year.
Taxes vs. neighborsSchools
The schools grade for Coral Gables, from test results, graduation and how much students grow.
Schools in Coral GablesTypical commute
The average one-way trip to work for people who live in Coral Gables.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Pinecrest, South Miami, Glenvar Heights, Palmetto Bay, Kendall and Coral Terrace sell for less a square foot
The busier markets within 25 miles of Coral Gables, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Kendall | 755 | $553K | $371 | 6% | 69 |
| Coral Gables | 665 | $1.5M | $795 | 5% | 98 |
| Palmetto Bay | 323 | $1.1M | $487 | 4% | 99 |
| Pinecrest | 244 | $2.4M | $728 | 4% | 93 |
| Glenvar Heights | 187 | $555K | $430 | 5% | 90 |
| Coral Terrace | 158 | $749K | $482 | 8% | 84 |
| South Miami | 134 | $938K | $578 | 8% | 93 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Coral Gables, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Coral Gables. People who follow the town see it, and so do people comparing Coral Gables with their own town. No commission, no listing fee.
Questions about buying a home in Coral Gables
What do homes sell for in Coral Gables, FL?
665 homes sold in the year to September 2026 at a typical $1.5M, $795 a square foot. Houses sold for about $2.1M, condos for about $528K in the year to May 2026.
Is Coral Gables a buyer’s or seller’s market?
A balanced market: 293 homes were for sale in September 2026 and 49 sold, about 5.9 months of supply. Buyers paid 94% of asking on average.
When is the best time to buy in Coral Gables?
February brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Coral Gables?
About 0.8% of a home’s value a year. On a $1.5M home that’s near $12,930.
Where can I see homes for sale in Coral Gables?
Zillow, Redfin, Realtor.com and Homes.com all carry Coral Gables’ MLS listings; the search links above open each one filtered to Coral Gables.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).