$892,750
This median sale price places the typical 3/2 Coral Gables single-family transaction near the top of the $500K–$1M filter, signaling a higher-cost submarket with relatively expensive entry pricing for investors. Within a large dataset (50,498 listings analyzed), this suggests the “typical” deal is not a budget acquisition and will generally require higher capital or stronger yield assumptions to pencil.
$576.68
At $576.68/SqFt, value density is high, indicating investors are paying a premium per unit of living area for this specific product type and filter set. In practice, small differences in condition, location, and finish level can materially change total pricing at this PPSF.
Between $444.98-$669.84
This is a wide spread (~$225/SqFt from low to high), which indicates meaningful pricing diversity within the submarket even for the same 3/2, $500K–$1M filter. For investors, that dispersion typically implies strong sensitivity to property condition/updates and micro-location, creating both underwriting risk and potential opportunity if you can buy closer to the lower end and execute a value-add.
1,585.5 SqFt
A median of 1,585.5 SqFt points to a “mid-sized” single-family profile—large enough to be functional for end-users, but not oversized relative to the price point. For investors, this can support renovation-driven value-add because layout and finish upgrades often move the needle in this size band.
5,425 sqft
Median lot size is 5,425 sqft, while the average lot size is higher at 5,682.5 sqft, indicating the presence of outlier larger lots pulling the average up. That skew suggests a subset of properties with meaningfully better land value characteristics, which can create pricing premiums and selective redevelopment upside.
7,500 sqft
A largest lot size of 7,500 sqft signals that there are some parcels with more meaningful land optionality, which may support expansion/additions or higher-and-better-use considerations (subject to zoning and setbacks).
1967.5
With a median year built of 1967.5 (and an oldest year built of 1925), the housing stock is generally older, which typically increases the probability of deferred maintenance and modernization needs. For investors, this supports a consistent renovation narrative, but it also raises diligence requirements around major systems (roof, plumbing, electrical, windows) before assuming a “simple cosmetic” scope.
106 days
A 106-day median DOM indicates a slow market (per the >90-day rule), suggesting buyers have time to evaluate options and negotiate rather than competing in a rapid, multiple-offer environment. In a dataset this large, that slow liquidity benchmark is a meaningful signal that absorption is not “automatic,” even in a high-price submarket.
#DIV/0!
Price reduction metrics are not usable here (the dataset shows spreadsheet errors), so buyer leverage should not be inferred from the “median price reduction” field itself. However, given the slow median DOM (106) and a sale-to-list ratio below 95%, the available data still implies some negotiation room even without confirmed price-reduction statistics.
93.9% Sale-to-List Ratio
At 93.9%, homes are typically closing below asking, which points to buyers having measurable room on pricing rather than sellers maintaining full pricing power. Combined with slow DOM, this aligns with a market where offers can be structured with more conservative pricing and terms.
0.0%
The dataset reports 0.0% of listings with price reductions, which conflicts with the unusable reduction fields and the slow DOM/sale-to-list softness. Taken strictly, the provided benchmark implies sellers are not broadly cutting list prices, so negotiations may be happening via below-ask accepted offers rather than public price drops.
28.6% Renovation Rate
At 28.6%, renovation activity is moderate—well below the “very active” threshold (>50%) but not limited (<20%). This suggests value-add flips are present but not dominant, meaning renovated inventory exists yet there may still be opportunity in older/dated homes if acquisition basis supports it.
Largest Lot Sizes Start Near 5,937.5 sqft
With the 75th percentile lot size at 5,937.5 sqft and a max of 7,500 sqft, development or expansion potential appears to be a “selective” strategy concentrated in the larger-lot tail of the market. The older median year built supports the idea that some properties may be candidates for reconfiguration or substantial renovation, but the typical lot sizes suggest true redevelopment opportunities will be deal-specific rather than pervasive.
Coral Gables 3/2 single-family homes in the $500K–$1M range show a high-cost profile (median $892,750; median $576.68/SqFt) with notable pricing dispersion, implying strong differentiation by condition and micro-location. Liquidity is slow (106 DOM) and homes are closing below asking (93.9% sale-to-list), which are preliminary signals of buyer negotiation leverage despite the dataset showing 0.0% price reductions. Renovation activity is moderate (28.6%), supporting a selective value-add/flip strategy focused on older housing stock, while development/expansion upside appears concentrated among larger lots (75th percentile ~5,937.5 sqft up to 7,500 sqft).
The reports are intended for informational purposes only and should not be considered financial or investment advice. Investors should always conduct their own due diligence, inspections, and financial analysis before purchasing a property.