Coral Gables, FL 33134 Real Estate Market Report

ZIP Code: 33134
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The real estate market in Coral Gables as of April 2026 is characterized by a median sold price of $1,100,000, reflecting a stable environment for buyers and sellers alike. The neighborhood has seen a flat price trend year-over-year, suggesting a balance in market dynamics where neither buyers nor sellers hold a distinct advantage. This stability is further underscored by a median days on market of 311, indicating a slower sales velocity that may suggest pricing friction as properties linger longer before sale.

Inventory conditions reveal elevated inventory levels relative to sales activity, indicating an excess supply in the market. The median listing price stands at $1,625,000, which is significantly higher than the median sold price, potentially reflecting seller expectations that may not align with current buyer sentiment. The market temperature is described as neutral, suggesting a balanced buyer-seller dynamic, while rental demand remains strong with a median market rent of $2,800, indicating ongoing interest in rental properties despite moderate interest rate pressure.

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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.

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Market Metrics

Note: 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.

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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.

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Property Taxes

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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.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. The median sold price of $1,100,000 indicates a stable market environment with no significant price fluctuations recently.

2. With a median days on market of 311, properties are experiencing slower sales velocity, suggesting potential pricing friction.

3. The median listing price of $1,625,000 is notably higher than the sold price, indicating possible seller expectations that may not align with market realities.

4. The market temperature is neutral, reflecting a balanced dynamic between buyers and sellers, with no clear advantage for either side.

5. Rental demand remains robust, evidenced by a median market rent of $2,800, supporting the local rental market despite moderate interest rate pressure.

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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.