Is Coral Gables Estates, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Coral Gables Estates has remained a Seller's Market.
Key Takeaway
Coral Gables Estates is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Coral Gables Estates, AZ
How much do homes in Coral Gables Estates, AZ cost?
Median Sold Price
$1,212,500
$326/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
Key Takeaway
Homes in Coral Gables Estates have sold for 48.1% less than they did a month ago.
Summary: The median home sold price in Coral Gables Estates was $1,212,500 in December 2024, down 48.1% from last month, and the median price per square foot was $326.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $1.2M | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $2.3M | - | N/A |
Summary: Coral Gables Estates housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Coral Gables Estates, AZ
How many homes are available in Coral Gables Estates, AZ?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Summary: The Coral Gables Estates real estate market had 1 homes for sale in December 2024, a 50.0% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Coral Gables Estates housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Coral Gables Estates, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Coral Gables Estates in December 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Coral Gables Estates, AZ
How long does it take to sell a home in Coral Gables Estates, AZ?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 23 Days | 117 Days | +408.7% |
Summary: Homes in Coral Gables Estates had an average of 117 days on market in Dec 2024, up by 408.7% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Coral Gables Estates are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 1 homes were sold in Coral Gables Estates; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
