Coral Reef Homesites
Homes for Sale in Miami-Dade County, FL
True comps, carrying-cost math, and listings before the portals.
Over the 12 months ending 2026-09-12, 3 recorded sales closed at a median of $525,000, $516 per square foot, a median 167 days on market, sellers accepting 91% of original asking (-34% versus the prior year). At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $9,240 ($8,520 with the full homestead exemption).
Coral Reef Homesites is trading on very little data right now. With just 3 closings feeding the current window, the median price of $525,000 and the median price per square foot of $515.77 are real numbers, but they are not the kind of sample size that lets anyone call a firm trend. A single unusual sale can swing both figures more than they would in a higher-volume community.
The bigger signal is time on market. A median of 167 days means homes here are sitting, and the reported year-over-year change of -34% points to a market that has cooled noticeably from where it was. For sellers, that combination argues for pricing to the current environment rather than last year's comps. For buyers, it argues for patience and a willingness to negotiate — sellers who are still on the market after several months are usually more open to conversation.
Coral Reef Homesites right now
🔴 Off the recent peak. The trailing-12-month median ($525K) is down 34.0% from the prior 12 months ($795K). With about 2 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level MIAMI MLS closed sales, 12-month windows ending September 12. Confidence: Low (3 and 5 sales in the two windows).
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Updated September 12, 2026 · Live data: MIAMI MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Coral Reef Homesites market snapshot (as of September 12, 2026): the median sale price is about $525K ($516 per sq ft over the trailing 12 months of closed sales), and a median 167 days on market for closed sales. The trailing-12-month median is down 34% from the prior 12 months, computed from record-level MIAMI MLS closed sales (3 closings in the current window).
This is a low-volume corner of Miami-Dade's market, where pricing is set sale by sale rather than by a deep, active comp set.
Who Coral Reef Homesites is best for.
Best for
- Buyers comfortable making a decision without a large comp set to lean on
- Sellers who can price to current, slower-moving conditions rather than prior-period pricing
- Buyers with flexible timelines who can wait through an extended marketing period
Probably not for
- Buyers who need a quick close on a predictable timeline
- Sellers expecting the pace or pricing of a prior, faster market
- Anyone relying on a large sample of recent sales to validate an offer price
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 12 of each year, from record-level MIAMI MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($525K) IS the median in the snapshot above, and the move from 2025 ($795K) IS the -34.0% one-year change.
Windows contain 0 to 5 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2026. Deemed reliable but not guaranteed.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Miami-Dade County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Miami-Dade County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
32% of homes for sale in ZIP 33157 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-08).
The Coral Reef Homesites buying strategy.
If we were buying in Coral Reef Homesites today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Coral Reef Homesites.
Reading a thin market correctly
When only a handful of closings define a community's numbers, the median price and price per square foot should be read as data points, not as a settled market rate. $525,000 and $515.77 per square foot are what actually closed, but the next sale could move both figures meaningfully in either direction simply because the base is small.
The 167-day median days on market is the more durable signal, and it tells a clear story: homes here are taking a while to find a buyer. Combined with the reported -34% year-over-year shift, this reads as a market that has slowed from a prior period of faster turnover. That does not mean homes are not selling — it means pricing strategy and buyer expectations both need to be calibrated to current conditions, not to the market's recent past.
The location and the amenities are priced into every listing in Coral Reef Homesites. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
A community with only a few closings a period is the exact scenario where a generic online estimate is least reliable. We look at the specific sales behind the numbers, weigh how much weight 167 days of market time should carry in a pricing conversation, and build a strategy around the actual conditions here rather than a citywide average.
Coral Reef Homesites in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Coral Reef Homesites buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Coral Reef Homesites sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Coral Reef Homesites, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Coral Reef Homesites home worth?
Get a no-obligation home value based on real comparable sales in Coral Reef Homesites, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in Coral Reef Homesites?
How long do homes in Coral Reef Homesites take to sell?
Who is the best real estate agent for Coral Reef Homesites?
How do I find a top real estate agent who knows Coral Reef Homesites?
Can Momentum Realty connect me with an agent for Coral Reef Homesites?
Should you buy in Coral Reef Homesites?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | MIAMI MLS closed sales, 12-month windows ending September 12, 2026 |
| Under-contract shares | MIAMI MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2012 (32 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of MIAMI MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the MIAMI MLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how CORAL REEF HOMESITES fits the bigger picture — live prices, inventory, and Momentum Scores: