Welcome Home Relocation Guide - South Florida 1st Edition | Page 16

CORAL GABLES

A B O U T
T H E C O M M U N I T Y
Coral Gables , also known as “ The City Beautiful ” is a cohesive community built on a grand scale that blends color , detail , and the Mediterranean Revival architectural style to create harmony with the environment . It is known for its lush green avenues winding through a residential city , punctuated by civic landmarks and embellished with detailed and playful architectural features . It is a major employment center , with almost as many people working in it as living there . The Coral Gables economy is comprised of local and international businesses , but unlike other parts of Florida , it is not influenced as strongly by seasonal shifts .
M A R K E T R E P O R T
In April 2021 , the median list price of homes in Coral Gables , FL was $ 977K , trending up 2.8 % year-over-year . The median listing price per square foot was $ 484 . The median sale price was $ 1.1M .
D E M O G R A P H I C S
Current Population :
19,000
Median Household Income :
$ 118,664
Average Commute :
6 miles
16