Coconut Grove Statistics for April

May 26th, 2008 | categories: Coconut Grove Real Estate Market Conditions

Well the real estate facts and trends are in for the month of April. Although we haven’t seen a huge improvement in the market, things are not getting worse! The number of listings has remained the same, and we have seen roughly the same number of sales in March and April. One positive note is the number of homes that went under contract in April is double from the previous month. Hopefully we will continue to see a rise in pending sales.

Single Family Home Chart Click chart for larger image

Coconut Grove Real Estate statistics

In the condo market, we have seen 2 consecutive months of decreasing inventory. This is an encouraging sign as the experts state that 3 consecutive months of decreasing inventory indicates a market in recovery.

Condo Chart Click on chart for larger image

Condo Charts and Statistics

Written by Riley Smith

This entry was posted on Monday, May 26th, 2008 at 7:45 pm and is filed under Coconut Grove Real Estate Market Conditions. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

  1. Doug said at June 4th, 2008 at 2:28 pm

    Great blog! I think your condo chart is actually a reproduction of the house chart in the April stats posting. I will be checking everyday for new updates. Good stuff.

  2. rileysmith said at June 4th, 2008 at 7:02 pm

    Thank you so much for your reply. We appreciate the comment. We will fix the condo chart right away. The server went down yesterday and we have spent much of today rebuilding the site. In our haste to get everything up and running, we must have put up the wrong chart.
    Thanks,
    Riley

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