The Coral Gate housing market is somewhat competitive. The median sale price of a home in Coral Gate was $990K last month, up 54.9% since last year. The median sale price per square foot in Coral Gate is $593, up 56.6% since last year.
What is the housing market like in Coral Gate today?
In April 2024, Coral Gate home prices were up 54.9% compared to last year, selling for a median price of $990K. On average, homes in Coral Gate sell after 42 days on the market compared to 50 days last year. There were 3 homes sold in April this year, down from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$990,000
+54.9% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Coral Gate, FL
$990,000
+54.9%
United States
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How hot is the Coral Gate housing market?
Coral Gate is somewhat competitive. Homes sell in 31.5 days.
0
100
45
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 12 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 32 days.
Hot homes
can sell for around list price and go pending in around 19 days.
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 Gate housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Coral Gate.
Risk Factor
Flood Factor - Minor
4% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Coral Gate has a minor risk of flooding. 1 properties in Coral Gate are likely to be
severely affected
by flooding over the next 30 years. This represents 4% of all properties in Coral Gate. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Coral Gate has a minor risk of wildfire. There are 15 properties in Coral Gate that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Coral Gate.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Coral Gate has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Coral Gate is most at risk from hurricanes. 2,431 properties in Coral Gate 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 188 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 200 mph.