Coconut Grove Market Report for 1st. Quarter 2016

There are currently 97 active single family homes and 86 condos & townhouses on the market in Coconut Grove. The price range for Single family homes are between $315,000 – $8,900,000 and for Condo’s between $169,000 – $12,200,000.

15 Single family homes are under contract waiting to close.

With a price range between $640,000 – $2,300,000, only 3 homes sold in March 2016 what takes us to a total of 18 closed sales in first quarter of 2016, compared to 25 closed sales in first quarter of 2015.

The average price per square foot for closed sales were $476 in first quarter of the year, which is slightly lower that $501 in first quarter of 2015.

3661 Bougainvillea Rd sold in March for just over asking price. This Key West inspired 4,489 sf property was listed at $2,295,000 and sold for $2,300,000. The listing Broker was EWM Realty.

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What has sold in Coconut Grove in the month of March:

Closed sale                   SqFt           Lot     List price  Sales price  Sold $/sf DOM

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My Peacock Homes is your local neighborhood real estate professionals, and we can assist you with any real estate needs. Contact us anytime if you would like a FREE home evaluation, or if you are looking to buy, sell or rent your property.

We are proud to be a part of EWM Realty International, South Florida’s Leader in Luxury Real Estate and an affiliate with Christie’s International Real Estate.

Lisbeth Petersen – 305 775 3500