The Coral Gables Section housing market is somewhat competitive. The median sale price of a home in Coral Gables Section was $1.3M last month, down 18.6% since last year. The median sale price per square foot in Coral Gables Section is $696, down 36.3% since last year.
What is the housing market like in Coral Gables Section today?
In October 2024, Coral Gables Section home prices were down 18.6% compared to last year, selling for a median price of $1.3M. On average, homes in Coral Gables Section sell after 62 days on the market compared to 73 days last year. There were 22 homes sold in October this year, down from 23 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,250,000
-18.6% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Coral Gables Section, FL
$1,250,000
-18.6%
United States
To compare other locations to the Coral Gables Section and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Coral Gables add value to a home.
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How hot is the Coral Gables Section housing market?
Coral Gables Section is somewhat competitive. Homes sell in 56 days.
0
100
42
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 56 days.
Hot homes
can sell for around list price and go pending in around 23 days.
Learn about schools in the Coral Gables Section area
Elementary
Middle
High
GreatSchools Rating
9/10
Coral Gables Preparatory Academy
Public • PreK-8
923
Students
27 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Coral Gables Section housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Coral Gables Section.
Flood Factor - Minor
53% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Coral Gables Section has a minor risk of flooding. 108 properties in Coral Gables Section are likely to be
severely affected
by flooding over the next 30 years. This represents 53% of all properties in Coral Gables Section. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Wind Factor - Extreme
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Coral Gables Section has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Coral Gables Section is most at risk from hurricanes. 2,626 properties in Coral Gables Section have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 189 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 204 mph.
99% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Coral Gables Section has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Coral Gables Section have an Extreme Heat Factor®.
Coral Gables Section is expected to see a 285% increase in the number of days over 104ºF over the next 30 years. Coral Gables Section is expected to experience 7