Why Are Homes Expensive In Coral Gables?

Coral Gables homes command high prices due to the city's prime location, rich history, architectural charm, and prestige. As one of Miami's most desirable neighborhoods, Coral Gables attracts business titans and celebrities with its Mediterranean Revival style and exclusive atmosphere. The thriving local economy, driven by major employers like the University of Miami and international corporations, further contributes to the high demand and prices for homes in this sought-after community.