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Coconut Grove Condo Market Update

GrovenorBalcony

Here are some interesting stats and figures on the condo market in Coconut Grove:

  • There are approximately 310 condos on the market right now in Coconut Grove. Of these, 183 are priced below $500,000.
  • There have been approximately 201 condos sold this year in Coconut Grove. Of these, 138 sold for under $500,000.
  • Which buildings have sold the most units? Grove Isle is in the lead with 19 sales this year, second is The Grovenor House which has had 12 sales and in third place is The Ritz Carlton Residences which has had 11 sales.
  • The highest sale this year was at the Grovenor House and the unit sold for $2,820,000.
  • The average sale price for a condo in Coconut Grove with non-waterviews is $206,000.
  • The average sale price for a condo in Coconut Grove with waterviews is $766,000.

Curious what is for sale in some of Coconut Grove's most popular condominiums? Click on the buildings below for a complete list of what is available:

I know the numbers, I analyze the market, my clients make better decisions. If you would like to buy or sell real estate and are looking for an experienced Realtor in Coconut Grove, please don't hesitate to contact me at 305.342.1623 or send me a note here.

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Posted Wednesday Dec 01