$5,995,000
4,974 SqFt
5 Beds
•6 Full Baths, 2 Partial
Jamie Rejes, Listing Office: One Sotheby's International Realty
Is Coral Gables Granada, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Coral Gables Granada has remained a Buyer's Market.
Key Takeaway
Coral Gables Granada is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Coral Gables Granada, FL
How much do homes in Coral Gables Granada, FL cost?
Median Sold Price
$1,331,000
$757/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$131,000(+10.9%)
Key Takeaway
Homes in Coral Gables Granada have sold for 10.9% more than they did a year ago.
Summary: The median home sold price in Coral Gables Granada was $1,331,000 in November 2024, up 10.9% from last year, and the median price per square foot was $757.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $306.5K | $300K | -2.1% |
| 2 Bedrooms | $794.5K | $890K | +12.0% |
| 3 Bedrooms | $1.2M | $1.4M | +15.7% |
| 4 Bedrooms | $2.2M | $1.9M | -10.9% |
| 5+ Bedrooms | $3.2M | $3.7M | +17.1% |
Summary: Coral Gables Granada housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.1%, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 15.7%, 4 bedroom homes decreased by 10.9%, and 5+ bedroom homes increased by 17.1%.
Median Sold Price Compared To Nearby Neighborhoods
| West Flagler | $420.5K | $490K | +16.5% |
| Coral Gables Granada | $1.2M | $1.3M | +10.9% |
| Granada | $1.5M | $1.6M | +6.7% |
Housing Supply in Coral Gables Granada, FL
How many homes are available in Coral Gables Granada, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 93 | 98 | +5.4% |
Summary: The Coral Gables Granada real estate market had 98 homes for sale in November 2024, a 5.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 6 | +50.0% |
| 2 Bedrooms | 16 | 18 | +12.5% |
| 3 Bedrooms | 38 | 33 | -13.2% |
| 4 Bedrooms | 23 | 26 | +13.0% |
| 5+ Bedrooms | 12 | 15 | +25.0% |
Summary: The Coral Gables Granada housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 12.5%, 3 bedroom homes decreased by 13.2%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Coral Gables Granada, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Coral Gables Granada in November 2024, down by 11.1% month-over-month. Of the 8 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Coral Gables Granada, FL
How long does it take to sell a home in Coral Gables Granada, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 65 Days | +86.0% |
Summary: Homes in Coral Gables Granada had an average of 65 days on market in Nov 2024, up by 86% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Coral Gables Granada has remained consistent over time.
Summary: During November 2024, 8 homes were sold in Coral Gables Granada; 25% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
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