Coral Gables - Single family homes - Real Estate Market Update for the 1st Quarter of 2026. Closings are up 12% year over year, waterfront price per square foot jumped 17%, and the data shows a cautiously positive story heading into Q2.
In this video I break down the full Coral Gables real estate market for 1st Quarter of 2026 — month by month for January, February, and March — separating non-waterfront homes from waterfront homes because these two segments behave completely different and combining them hides what is actually happening.
Here is what you will learn:
— The full month-by-month breakdown of active listings, closed sales, median price per square foot, median sold price, days on market, and months of supply for both non-waterfront and waterfront Coral Gables homes
— Why Active Inventory jumped from 96 to 170 active listings over the quarter, and why this is a normal seasonal pattern every buyer and seller should understand.
— The year-over-year comparison of 1st Quarter of 2025 vs 1st Quarter of 2026 including the 12% increase in total closings and the 17% increase in waterfront price per square foot.
— The full Q1 2026 price range breakdown showing where transactions are actually happening, from under $1 million to the $32 million trophy sale on Tahiti Beach in Cocoplum.
— What this market means for you if you are a Coral Gables buyer or seller right now, with specific takeaways for both segments heading into Q2 2026
Coral Gables is one of the most prestigious neighborhoods in all of South Florida, known for its tree-lined streets, Old Spanish Mediterranean architecture, and a real estate market that consistently attracts serious buyers. Whether you are looking at a non-waterfront family home in the $1 to $3 million range or a waterfront trophy property in the gated enclaves, the Q1 2026 data gives you the full picture of where this market stands.
🏡 WORK WITH JOSE
My name is Jose Laya and I was born and raised right here in Miami, and I have been helping clients in Miami Real Estate for over 20 years. I cover Coral Gables and other luxury markets which include Pinecrest, Coconut Grove, Brickell, Downtown Miami, and South of Fifth. If you are thinking about buying or selling in any of these markets, I would love to help you navigate with real data, local expertise and a relentless commitment to helping you achieve your goal.
📊 DATA SOURCE
All figures in this video are pulled from the Miami MLS and reflect closed transactions for Coral Gables single-family homes in the 1st Quarter of 2026. Every number in this report is verified and sourced directly from MLS data.
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