In South Miami, the typical list price is $1,370,000. From May to June, the median list price in Coconut Grove increased by 14%. The median list price per square foot in Coral Gables is $598. May 2021 was $566. Home prices continue to climb and inventory remains low. The demand for South Florida real estate has been increasing since then. The South Florida market hasn’t shown any signs of slowing down and doesn’t seem like it any time soon!