By The Numbers….Coconut Grove Pending Single Family Homes
June 25th, 2009 categories: Coconut Grove Real Estate
Currently in Coconut Grove we have 22 single family homes that are under contract. The list price of these homes ranges from $380,000 for a foreclosure on Battersea Road to 3071 Lucaya whcih was listed for $1,250,000.
Lets break down the pending sales in several different categories. Of the 22 homes in Coconut Grove that are under contract:
- 11 are in North Grove and 11 are in South Grove.
- 6 are foreclosures, and 5 are short sales.
- Above $1,000,000 there are 2 that are currently under contract, and of those, only one will close over a million.
- From $800,000 to $1,000,000 there are 2 that are currently under contract (1 of those is a short sale).
- The bulk of the pending sales are listed from $500,000 to $800,000. In this price range there are 11 homes under contract.
- The rest of the homes under contract were listed below $500,000.
- Of these 22 pending sales only 6 of them occurred in June.
Because quite often it takes a long time for foreclosures and short sales to close, we have some houses that went under contract in January and are still pending sales.
To stay updated with all Coconut Grove real estate news and updates, subscribe to my blog by clicking here.
Riley,
You always keep me up to date on the Grove Market!
Thanks