Live MLS data · 200 active listings · $2M median · Updated May 2026
The Coral Gables housing market has 200 active listings with a median asking price of $2M as of May 2026. 70% of listings have had a price reduction. Average price per square foot is $1123, with homes spending an average of 99 days on market — a buyer's market.
200
Active Listings
$2M
Median Price
$1123
Avg $/sqft
99
Avg Days on Market
70%
Price Reduced
| Bedrooms | Active Listings | Median Price |
|---|---|---|
| Studio/1 BR | 25 | $405K |
| 2 BR | 49 | $630K |
| 3 BR | 40 | $1.6M |
| 4 BR | 33 | $3.8M |
| 5+ BR | 53 | $8.5M |
The Coral Gables real estate market currently has 200 active listings as of May 2026, with a median asking price of $2M and an average of $1123/sqft. Homes are spending an average of 99 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 $695 and a median asking price of $615K. There are currently 86 active condos listings available.
With 70% 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.
As of May 2026, the median asking price in Coral Gables is $2M, with an average of $5.2M. Prices range from $178K to $175M. The average price per square foot is $1123.
Coral Gables is currently a buyer's market. Homes average 99 days on market and 70% of listings have had price reductions — indicating seller flexibility. Buyers have real room to negotiate.
As of May 2026, homes in Coral Gables spend an average of 99 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.
Condos are currently the most affordable by price per square foot in Coral Gables, averaging $695/sqft with a median price of $615K. There are 86 active condos listings available.
Based on the median home price of $2M in Coral Gables, Casa Simple buyers typically receive a rebate of $14K–$27K at closing. This is cash back from the buyer's agent commission — you pay nothing extra. The exact rebate depends on purchase price and plan.
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.
ELLA analyzes every listing in Coral Gables with an AI-powered IQ score. Get up to $27K back at closing.