Current Pending Sales in Coconut Grove
October 12th, 2009 categories: Coconut Grove Real Estate, What is selling in Coconut Grove?
We have 22 homes that are currently under contract in Coconut Grove. Something that is very interesting is that 13 of these pending sales are distressed properties (12 short sales, and 1 foreclosure).
Due to the fact that short sales can take 6 months or more to close once they are under contract, they may remain on our pending list for quite awhile.
The pending sales are pretty much distributed evenly between North and South Grove (12 in the North and 10 in the South).
The average list price of these 22 homes comes out to $896,000, while the median is $645,000. The “List Price Per Square Foot” of these homes comes out to an average of $283.00, and a median of $276.00.
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If you are interested in buying or selling real estate in Coconut Grove, please give me a call at 305.342.1623 or send me a note here.
