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

$1,955,457

AVERAGE PRICE OF 896 HOMES

$504,523

AVERAGE PRICE OF 17 DISTRESSED HOMES

$3,351,462

AVERAGE PRICE OF 451 MULTI-MILLION DOLLAR HOMES

$2,905,179

AVERAGE PRICE OF 92 NEWLY BUILT HOMES

$3,404,107

AVERAGE PRICE OF 258 HOMES WITH A POOL

$1,651,865

AVERAGE PRICE OF 326 REDUCED PRICE HOMES

Average Home

Average Price $1,955,457
Avg Bedrooms 3 beds
Avg Bathrooms 3.57 baths

Average Price by Bedrooms

1 bedroom $275,299
2 bedrooms $542,706
3 bedrooms $1,081,431
4 bedrooms $1,646,564
5 bedrooms $3,238,265
Coral Gables Home Price Trends
  3/2018 2/2018 1/2018 12/2017 11/2017
Total Listings 854 828 774 775 791
Average Price $1,960,357 $1,918,465 $1,903,388 $1,960,901 $1,887,822
Avg Price Change +2.18% +0.79% -3.02% +3.87% +0.75%
Median Price $989,909 $985,803 $983,804 $993,713 $967,933
Med Price Change +0.42% +0.20% -1.01% +2.66% +0.92%
Avg Bedrooms 3 beds 3 beds 3 beds 3 beds 3 beds
Avg Bathrooms 3.56 baths 3.55 baths 3.48 baths 3.5 baths 3.46 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Market
Coral Gables 161 $2,055,814 107 days
Coral Glades High 33 $1,457,164 161 days
Miami Palmetto 55 $1,780,940 119 days
New World School Of Art 1 $2,790,000 160 days
Home Price by House Size
Total Homes Average Price Avg Days on Market
All Homes 896 $1,955,457 118 days
Distressed Homes 17 $504,523 140 days
Multi-Million Dollar Homes 451 $3,351,462 123 days
Newly Built Homes 92 $2,905,179 155 days
Homes with a Pool 258 $3,404,107 111 days
Reduced Price Homes 326 $1,651,865 160 days

School Data

Highly Rated Coral Gables Schools

8

COCONUT GROVE 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

PALMETTO ELEMENTARY SCHOOL
Elementary School
Public

10

SUNSET 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

10

NEW WORLD SCHOOL OF THE ARTS
High School
Public