The Central Gables housing market is not very competitive. The median sale price of a home in Central Gables was $651K last month, up 12.7% since last year. The median sale price per square foot in Central Gables is $557, up 9.2% since last year.
What is the housing market like in Central Gables today?
In March 2024, Central Gables home prices were up 12.7% compared to last year, selling for a median price of $651K. On average, homes in Central Gables sell after 61 days on the market compared to 119 days last year. There were 38 homes sold in March this year, down from 42 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$650,500
+12.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Central Gables, FL
$650,500
+12.7%
United States
To compare other locations to the Central Gables 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 Central Gables housing market?
Central Gables is not very competitive. Homes sell in 57 days.
0
100
27
Not Very 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 3 months
Multiple offers are rare.
The average homes sell for about 5% below list price and go pending in around 57 days.
Hot homes
can sell for about 2% below list price and go pending in around 35 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
9/10
Coral Gables Preparatory Academy
Public • PreK-8
979
Students
24 reviews
9/10
George W. Carver Elementary School
Public • PreK-5
438
Students
27 reviews
NR
Coral Gables Senior High Adult Education
Public • N/A • Choice school
-
Students
N/A
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 Central Gables housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Central Gables.
Risk Factor
Flood Factor - Minor
38% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Central Gables has a minor risk of flooding. 0 properties in Central Gables are likely to be
severely affected
by flooding over the next 30 years. This represents 38% of all properties in Central Gables. Flood risk is increasing slower 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
Central Gables has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Central Gables is most at risk from hurricanes. 2,183 properties in Central Gables 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 180 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 196 mph.