Coral Gables, FL 33134 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Key Findings

1. The primary market indicator is the median sold price 842,500, which signals recent transaction-level value and suggests price appreciation is selective across Coral Gables rather than broad-based.
2. There is a notable gap between median listing price 1,495,000 and the median sold price 842,500, which may indicate pricing friction and elevated seller expectations versus what buyers are transacting for in the sample; sellers should consider pricing alignment to reduce time-to-contract.
3. Market velocity is slow based on the median days on market 351, which suggests slower sales velocity and that even well-positioned properties may require longer marketing periods; pricing and staging strategies will be important to maintain buyer interest.
4. Broader market signals show the price year-over-year trend up and rent year-over-year trend up while interest rate pressure elevated; this combination suggests strengthening price and rental momentum in desirable segments (notably luxury/waterfront) but elevated interest rate pressure could temper buyer affordability, so sellers and investors should stress-test financing scenarios and time listings accordingly.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.