Foreclosure Homes in Coral Gables, FL 33134

Current Market Conditions in Coral Gables, FL

The Coral Gables real estate market has been experiencing a steady increase in home prices over the past year, driven by strong demand and low inventory. This trend is expected to continue, with many buyers seeking the high quality of living and excellent amenities the area offers.

As of the last quarter, the supply of homes for sale in Coral Gables has decreased, creating a competitive environment for buyers. Sellers are often receiving multiple offers, pushing prices higher and leading to quicker sales.

Rent Prices In Coral Gables, FL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Coral Gables, FL, is on a rollercoaster ride. The average rent price in Coral Gables, FL, is $3,099.00. Indeed, when looking to rent in Coral Gables, FL, you can expect to pay as little as $930.00 or as much as $7,120.00, with the average rent median estimated to be $2,850.00. The good news is that finding an affordable and desirable property to rent in Coral Gables, FL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.