PBP REAL ESTATE - JOURNALIST PACKAGE - CORAL GABLES PRICE CUTS AND DAYS ON MARKET
As of September 5, 2026. Refreshed every morning.

HEADLINE OPTIONS
1. 39.6% of Coral Gables houses for sale have cut their asking price, 34.7% of condos
2. Coral Gables sellers blink faster than the rest of Miami-Dade County as 43.2% of houses pass 90 days on the market
3. Buying in Coral Gables? Two in five houses have already come down once, by a median $200K

LEDE
CORAL GABLES, Fla., September 5, 2026 - 39.6% of the 139 single-family homes listed for sale in Coral Gables have reduced their asking price at least once, by a median 6.7% (about $200K), according to a daily analysis of BeachesMLS listing data by PBP Real Estate. Among the city's 118 condominium listings, 34.7% have cut, by a median 4.4%.

NUT GRAF
The figures point to a market where roughly one in three homes finds a buyer only after a price decision: of the 42 Coral Gables houses now under contract, 45.2% reduced before going under contract, with a median cut of 7.2% and a median 48 days to contract. Across Miami-Dade County the price-cut share is 37.7% for houses and 37.4% for condominiums, so Coral Gables houses are cutting 1.9 points more often than the county. Counting every relisting, the median Coral Gables house for sale has been on the market 75 days, against 75 on its current listing; 0.0% of active houses have been withdrawn and relisted at least once.

FACT BOX (exact figures)
- Active single-family listings, Coral Gables: 139 [September 5, 2026]
- Share with at least one price reduction, houses: 39.6% (55 of 139) [September 5, 2026]
- Median reduction from original asking, houses: 6.7% (about $200K) [September 5, 2026]
- Active condominium listings, Coral Gables: 118 [September 5, 2026]
- Share with at least one price reduction, condominiums: 34.7% (41 of 118) [September 5, 2026]
- Median cumulative days on market, houses: 75 days (75 on current listing) [September 5, 2026]
- Houses on market more than 90 days, cumulative: 43.2% (60 of 139) [September 5, 2026]
- Houses under contract that reduced first: 45.2% of 42 [September 5, 2026]
- Miami-Dade County price-cut share, houses / condominiums: 37.7% / 37.4% [September 5, 2026]

QUOTABLE DATA POINTS (attribute to PBP Real Estate analysis of BeachesMLS listing data)
- "39.6 percent of single-family homes for sale in Coral Gables have reduced their asking price at least once, by a median $200K."
- "Counting every relisting, the median Coral Gables house for sale has been waiting 75 days, not the 75 the current listing shows."
- "Of the Coral Gables houses now under contract, 54.8 percent never had to cut; the rest reduced by a median 7.2 percent before a buyer committed."

CHARTS (standalone PNG, title and source baked in)
- coral-gables-seller-blink-rate-2026-09-05.png
  Caption: Share of active listings with at least one price reduction, Coral Gables versus Miami-Dade County, houses and condominiums, September 5, 2026. Source: BeachesMLS via PBP Real Estate.
  Alt text: Horizontal bar chart. Coral Gables houses 39.6%, Miami-Dade County houses 37.7%; Coral Gables condominiums 34.7%, Miami-Dade County condominiums 37.4%.
- coral-gables-true-days-on-market-2026-09-05.png
  Caption: Active Coral Gables listings by cumulative days on market, houses and condominiums, September 5, 2026. 43.2% of houses have passed 90 days. Source: BeachesMLS via PBP Real Estate.
  Alt text: Grouped column chart of active listings by cumulative days on market. Houses: 0-30 days 33.8%, 31-60 days 9.4%, 61-90 days 13.7%, 91-180 days 23.7%, 181+ days 19.4%. Condominiums: 0-30 days 44.1%, 31-60 days 7.6%, 61-90 days 11.0%, 91-180 days 24.6%, 181+ days 12.7%.
- coral-gables-price-cuts-by-band-2026-09-05.png
  Caption: Share of active Coral Gables houses with a price reduction by original asking price band, September 5, 2026. Bands under 30 listings marked; under 10 not read. Source: BeachesMLS via PBP Real Estate.
  Alt text: Horizontal bar chart of price-cut share by price band, houses: Under $500K too few to read of 1; $500K to $1M too few to read of 9; $1M to $2M 38.7% of 31; $2M to $5M 41.7% of 48; $5M and up 38.0% of 50.

METHODOLOGY
Method: counts and medians over active and under-contract residential listings in Coral Gables and Miami-Dade County permitted for internet display in PBP Real Estate's BeachesMLS data feed, snapshotted daily at about 5:00 AM Eastern; this kit reflects listings as of September 5, 2026. A price cut means the current asking price is below the original list price. Cumulative days on market counts every relisting; days on market as shown on portals resets on relist. Houses are single-family residences; condominiums exclude townhouses and villas; the two are never combined. Under contract includes Pending and Active Under Contract. Price bands with fewer than 30 listings are marked; fewer than 10 are not read. Sample sizes: 139 houses, 118 condominiums, 42 houses under contract. No estimate or model is applied; every figure is a count or a median of MLS fields. Figures refresh every morning at https://www.pbprealestate.com/price-cuts-coral-gables/ . Attribution: PBP Real Estate analysis of BeachesMLS listing data. This data is not verified for authenticity or accuracy and may not reflect all real estate activity in the market. Based on information (c) 2026 BeachesMLS, Inc. Equal Housing Opportunity.

CONTACT
Questions, a number for a story, or a licensed quote: Gia Freer, Broker of Record (Lic. BK689801), PBP Real Estate, LLC, 700 NW 7th Dr, Boca Raton, FL 33486. 561-395-8418, info@pbpre.com, same-day response Monday to Saturday. Reuse of figures and charts is free with attribution to PBP Real Estate analysis of BeachesMLS data.
