Coral Gables Condo Market Has 6 Months Of Resale Supply Listed

  • Published by Peter Zalewski
  • 3/28/2024
  • 12:09:46 PM
A review of the latest condo statistics shows the average asking price in Coral Gables is about $718 per square foot.

The Coral Gables condo market is the envy of Miami-Dade County with about six months of supply currently listed for sale near the end of the South Florida Winter Buying Season, according to an analysis of statistics compiled by

In the 12 months of 2023, buyers purchased an average of about 20 units per month for a total of about 240 units between January and December.

Based on the current active listings in the Multiple Listing Service – a database used by Realtors to market condos – the Coral Gables area is at equilibrium with a supply of about 120 units available for purchase.

We have crunched the statistics for the Year 2023 and plan on publishing a series of of reports during the next two weeks looking at the winners and losers in the secondary Miami-Dade County markets of Aventura, North Miami, Miami’s Upper East Side, North Bay Village, Miami’s Little Havana, Coral Gables and Miami’s Coconut Grove.

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This information is believed to be accurate and complete but cannot be guaranteed or warranted. For more information, please call 305.865.5859 or visit

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