Cracking Open The Coconut Grove Real Estate Market
July 19th, 2010 | categories: Coconut Grove Real Estate Market Conditions
I was running some numbers on the activity here in the Grove and thought I’d go ahead and post the results.
Here is how they break down:
North Coconut Grove:
- There are 90 homes for sale in North Coconut Grove
- 48 are priced below $1,000,000
- 42 are priced above $1,000,000
- 7 of the properties are waterfront
- 8 are short sales
- 1 is a foreclosure (located on 27th Terrace, priced at $305,000)
- With 18 listings, EWM has the highest market share of any broker in the North Grove.
South Coconut Grove
- There are 95 homes for sale in the South Grove
- 37 are priced below $1,000,000
- 58 are priced above $1,000,000
- 10 of the properties are waterfront
- 12 are short sales
- 1 is a foreclosure (located on Raynolds, priced at $294,900)
- Again, EWM has the highest market share with a total of 28 listings.
If you are interested in buying or selling real estate in Coconut Grove and are looking for an experienced Realtor please do not hesitate to contact me at 305.342.1623 or send me a message here.
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Riley, I’m assuming you are including condos and townhomes in those numbers? How many residences are there in total in Coconut Grove?
Thanks so much!
Linda
Linda,
Those are strictly single family homes. Off the top of my head I can’t recall exactly how many residences total in the Grove.
Thanks for reading!
Riley