Miami Real Estate: The Truth Behind the Headlines in Coral Gables and Coconut Grove

Are home prices in Miami really dropping as fast as the headlines claim?

Not exactly. While click-worthy headlines might paint a bleak picture, the real story is in the numbers — and the numbers tell a very different story in Coral Gables and Coconut Grove.

What's Really Happening in Coral Gables and Coconut Grove

A recent article by the Miami New Times suggested that homeowners across Miami are delisting properties en masse and that home prices are in free fall. That kind of reporting might create buzz, but as a real estate advisor who works daily in Coral Gables and Coconut Grove, I knew I had to compare those claims to real MLS data.

So I pulled the actual closed sales numbers for both neighborhoods, comparing the most recent 180 days to the same timeframe last year. Here's what I found:

Coral Gables: More Than Just Holding Steady

• Average Sale Price increased from $3M in 2024 to $3.34M in 2025

• Average Days on Market rose slightly: 92 days in 2024 vs. 104 in 2025

• Sold Price per SqFt rose from $957 to $997

• Average discount from list price stayed consistent — just under 10%

The market here isn’t collapsing — it’s refining. We’re seeing strong buyer demand for well-priced, well-presented homes.

Coconut Grove: A Resilient, High-Demand Market

• Average Sale Price slightly dipped from $3.4M to $3.23M — but keep in mind, sample sizes vary

• Average Days on Market rose from 107 to 130 days

• Sold Price per SqFt increased from $1,003 to $1,039

• Average discount from list price remained just under 10%, year over year

This isn’t panic-selling — it’s buyers adjusting to value and sellers responding with strategy.

Why the Headlines Miss the Mark

Media outlets love sweeping generalizations. “Miami Homeowners Are Delisting Properties En Masse” sounds dramatic — but it's a one-size-fits-all claim that doesn’t hold up when you zoom into Coral Gables or Coconut Grove.

Here’s what’s often missing from these kinds of articles:

• Hyper-local trends: What’s true in one zip code might be totally off in another

• MLS-backed data: Real-time transaction info tells the clearest story

• Buyer psychology: Demand hasn’t vanished; it’s just become more strategic

As someone who’s deeply connected to these communities, I can tell you: the Coral Gables and Coconut Grove markets are steady, nuanced, and full of opportunity — not crisis.

How This Affects You

If you’re a homeowner in either neighborhood, don’t let fear-driven headlines dictate your next move. Whether you’re thinking about listing now or just want a pulse check on your property’s value, working with someone who tracks this data firsthand can make all the difference.

If you’re a buyer? The market isn’t flooded — but it is full of potential, especially when you’re guided by real-time insights and local expertise.

Final Takeaway

The next time you read a headline declaring doom for the Miami housing market, pause. Ask: “Is this about myneighborhood?” Because if you’re in Coral Gables or Coconut Grove, the real story is this: Prices are resilient, demand is strategic, and opportunities still abound.

Let’s Talk Real Numbers — Yours

If you’re curious how your property fits into today’s market or you’re ready to buy with confidence, let’s connect. I’ll give you data-backed guidance — not guesswork — so you can move forward with clarity.

Call me today to schedule your appointment. Let’s make your next move, your smartest one yet.