Market report · August 19, 2025 – August 19, 2026

Coral Gables — how the market actually moved.

Every number below is measured off the homes that actually closed in Coral Gables over the last twelve months, compared with the twelve months before it. No estimates, no national averages.

The numbers by ZIP →See what is for sale

By the numbers

Coral Gables at a glance

Trailing twelve months against the twelve months before.

Homes sold

623

up ↑ 5.1% on the year

Dollar volume

$1.73B

up ↑ 31.8% on the year

Median price

$1,500,000

up ↑ 3.4% on the year

Median $/sq ft

$778

up ↑ 2.2% on the year

Days on market

up ↑ 22.9% on the year

Sale to list

94.8%

down ↓ 0.2 points on the year

For sale now

148

live listings today

Months of supply

2.9

how long to clear at this pace

Source: our own MLS closings (623 sales), measured August 19, 2026

The market was busier than a year ago: 623 homes closed, sales up 5.1%.
Half of everything that sold went for more than $1,500,000, the middle price up 3.4%.
A typical home took 59 days to go under contract, time on market up 22.9%.
Sellers took 5.2% below their asking price at the middle of the market — a home listed at $1,500,000 closed near $1,421,371.
At today's pace the 148 homes for sale would take 2.9 months to clear — sellers hold the cards.

Demand and pricing

Eight years, same measuring stick

Homes sold each year

2019383

2020876

20211,293

2022817

2023614

2024579

2025632

2026400

2026 is a part year — it only counts closings up to today.

Middle price each year

2019$740,000

2020$825,000

2021$997,900

2022$1,000,000

2023$1,247,500

2024$1,375,000

2025$1,452,500

2026$1,577,500

Source: Brainiac’s Corner city rollup (bc_city_year), built from our MLS closings

The focused cut

Same twelve months, ZIP by ZIP

A city median hides a lot. This is as fine as the data goes before a median stops meaning anything.

ZIP	Sold	Median price	$/sq ft	Days on market	Sale to list	Share that is Coral Gables
33134	412	$1,017,500	$629	53	95.3%	80%
33146	147	$1,600,000	$850	51	95.0%	99%

Each row is the whole ZIP, not this city’s slice of it, so the rows add up to more than the 623 sales in Coral Gables itself. Showing the 2 ZIPs where Coral Gables is the majority of sales and at least 25 homes changed hands. 6 more ZIPs carry a Coral Gables address but belong mostly to a neighbouring city — 33133 (9.0% Coral Gables), 33156 (10.6% Coral Gables), 33143 (8.7% Coral Gables), 33158 (14.8% Coral Gables). They are left out rather than printed as a Coral Gables number.

Source: our own MLS closings

Renting

What tenants actually signed for

Closed leases, never asking prices. Bedroom counts are never blended — a studio median and a 3-bedroom median are different markets.

Size	Leases signed	Median rent
Studio	71	$1,675
1 bedroom	242	$2,000
2 bedroom	334	$3,400
3 bedroom	242	$6,250
4 bedroom	95	$11,000
5 bedroom	21	$17,000
6 bedroom	12	$25,000

Across all sizes, 1,020 leases closed at a middle rent of $3,600 a month.

Source: our own MLS closed leases

What a feature is worth

The premium, in dollars per square foot

Feature	With it	Without it	Difference	Sales compared
Waterfront	$992	$758	+31%	164 vs 1,037
Pool	$605	$776	-22%	45 vs 1,156
Newly built (Single-family)	$1,228	$905	+36%	32 vs 678

A premium is a price difference, not proof the feature caused it — waterfront homes are often bigger and newer too.

Source: Brainiac’s Corner premium study (bc_premiums, bc_newbuild)

Investment sales

Income and commercial, same twelve months

Kind	Sold	Dollar volume	Median price
Small income property (2+ doors)	8	$14M	$1,467,500
Commercial	49	$26M	$5,707

Source: our own MLS closings, Residential Income and Commercial Sale

The ground underneath

Jobs, people and money

Housing follows the local economy. These are the free public numbers behind the market, not our data.

The county economy

Measure	Latest	Year on year	As of
Unemployment rate	3.0%	+0.4 points	June 1, 2026 (FLMIAM6URN)
Population	2,802,029	-0.4%	January 1, 2025 (FLMIAM6POP)
Income per person	$78,567	+3.9%	January 1, 2024 (PCPI12086)
New housing units permitted	16,535	+55.9%	January 1, 2025 (BPPRIV012086)

Source: Federal Reserve (FRED), Miami-Dade County, FL

Who lives in Coral Gables

Measure	Value
People	49,243
Median household income	$130,803
Median gross rent	$2,121
Median home value (self-reported)	$1,007,500
Homes owned rather than rented	63.9%

Source: US Census, American Community Survey 2023 5-year

The economy figures are county-wide — that is as fine as the federal data goes. The Census figures are for the city itself, and lag by a year or two because that is when the survey lands.

Before you lean on a number

How this was measured

Sales are closed transactions from our own MLS feed — not asking prices, not estimates, not a national model.
The window is the twelve months to August 19, 2026, compared with the twelve months before it. Same window on both sides, always.
Every headline figure is a median — the middle sale. One mansion cannot drag it.
A ZIP needs at least 25 sales to get a row. Thinner ones are counted in the footnote instead of given a median.
Rents are closed leases, kept separate by bedroom count. We never blend a studio into a three-bedroom median.
Economy figures come from the Federal Reserve and the US Census, free and public, with the series name printed next to each one so you can check it.