MAC FARLANE HOMESTEAD
Homes for Sale in Coral Gables, FL

MAC FARLANE HOMESTEAD market snapshot (as of July 20, 2026): the median sale price is about $782K ($698 per sq ft over the trailing 12 months of closed sales), and a median 41 days on market for closed sales. The trailing-12-month median is up 57% from the prior 12 months, computed from record-level miami closed sales (4 closings in the current window).

MAC FARLANE HOMESTEAD in Miami-Dade County is a low-volume market where a handful of closings can swing the annual comparison significantly, so any read on direction should be paired with a look at the underlying price-per-square-foot rather than the year-over-year headline alone.

Four closings is not enough to build a confident trendline, but it is enough to establish what this segment of the market currently commands per square foot. At $698.24, that figure sits well above what gets described as an entry-level price point in most of the region, and it tells you this is a market where condition and finish level do a lot of the pricing work.

The median days-on-market figure, just over 40, indicates buyers are not rushing. Combined with the small closings count, this reads as a market where each transaction is somewhat individual — pricing a home here benefits from a comparable-by-comparable approach rather than leaning on broad community averages, since there simply are not enough data points yet to smooth out the noise.

In a market with only 4 recorded closings, the difference between a good outcome and a mediocre one often comes down to how carefully each comparable is chosen and weighted. We do not lean on a single median or a single year-over-year swing to set a number — we look at what actually closed, what condition it was in, and what that means for your specific property or offer.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.