Dennis Cordero

Coral Gables

Why you'd want to live in Coral Gables

Coral Gables (/krleblz/), officially the City of Coral Gables, is a city in Miami-Dade County, Florida, United States, located in the southwest of Downtown Miami. According to United States Census Bureau estimates conducted in 2013, the city had a population of 49,631. Coral Gables is home to the University of Miami. Coral Gables was one of the first planned communities, and prefigured the development of the gated community and the homeowners association. It is famous for its strict zoning regulations.The city was developed by George Edgar Merrick during the Florida land boom of the 1920s. The city's architecture is almost entirely Mediterranean Revival style. By 1926, the city covered 10,000 acres (4,000ha) and had netted $150 million in sales, with over $100 million spent on development. Coral Gables is known for its sweeping, tree-lined streets and Mediterranean-style buildings, including the palatial 1920s Biltmore Hotel. Chic boutiques, home decor stores and jewelers line upscale Miracle Mile, also home to the Actors’ Playhouse at the Miracle Theatre, which stages musicals and comedy. The spring-fed Venetian Pool, with waterfalls, grottos and lush tropical foliage, makes for atmospheric lounging.

Coral Gables Market Report

$2,024,331

AVERAGE PRICE OF 850 HOMES

$522,820

AVERAGE PRICE OF 20 DISTRESSED HOMES

$3,574,543

AVERAGE PRICE OF 417 MULTI-MILLION DOLLAR HOMES

$2,884,863

AVERAGE PRICE OF 93 NEWLY BUILT HOMES

$3,271,650

AVERAGE PRICE OF 241 HOMES WITH A POOL

$1,620,332

AVERAGE PRICE OF 316 REDUCED PRICE HOMES

Average Home

Average Price $2,024,331
Avg Bedrooms 2.98 beds
Avg Bathrooms 3.13 baths

Average Price by Bedrooms

1 bedroom $279,019
2 bedrooms $576,540
3 bedrooms $1,128,626
4 bedrooms $1,702,320
5 bedrooms $3,281,124
Coral Gables Home Price Trends
  6/2018 5/2018 4/2018 3/2018 2/2018
Total Listings 906 913 n/a 854 828
Average Price $1,979,953 $1,936,648 n/a $1,960,357 $1,918,465
Avg Price Change +2.24% n/a n/a +2.18% +0.79%
Median Price $983,981 $993,026 n/a $989,909 $985,803
Med Price Change -0.92% n/a n/a +0.42% +0.20%
Avg Bedrooms 3.03 beds 3.05 beds n/a 3 beds 3 beds
Avg Bathrooms 3.13 baths 3.14 baths n/a 3.56 baths 3.55 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Market
Coral Gables 148 $2,439,515 119 days
Coral Glades High 34 $1,124,786 118 days
Miami Palmetto 49 $1,965,855 134 days
Palm Beach Central 1 $648,000 22 days
Home Price by House Size
Total Homes Average Price Avg Days on Market
All Homes 850 $2,024,331 130 days
Distressed Homes 20 $522,820 136 days
Multi-Million Dollar Homes 417 $3,574,543 145 days
Newly Built Homes 93 $2,884,863 185 days
Homes with a Pool 241 $3,271,650 122 days
Reduced Price Homes 316 $1,620,332 159 days

School Data

Highly Rated Coral Gables Schools

8

COCONUT GROVE ELEMENTARY SCHOOL
Elementary School
Public

8

CORAL SUNSET ELEMENTARY SCHOOL
Elementary School
Public

8

CORAL TERRACE ELEMENTARY SCHOOL
Elementary School
Public

8

DAVID FAIRCHILD ELEMENTARY SCHOOL
Elementary School
Public

8

HOWARD DRIVE ELEMENTARY SCHOOL
Elementary School
Public

10

SUNSET ELEMENTARY SCHOOL
Elementary School
Public

9

SUNSET LAKES ELEMENTARY SCHOOL
Elementary School
Public

9
9

HENRY S. WEST LABORATORY SCHOOL
Middle School
Public

8

PALMETTO MIDDLE SCHOOL
Middle School
Public

10

SOUTH MIAMI MIDDLE SCHOOL
Middle School
Public

9

COOPER CITY HIGH SCHOOL
High School
Public

8