Good Comparables For Sellers In South Coconut Grove
May 24th, 2011 | categories: Buying Real Estate in Coconut Grove, Selling Real Estate in Coconut Grove
I always like to highlight the homes that sell for a decent “price per square foot” in the Grove because they can be very useful for buyers and sellers who are tracking the market. The home located at 4001 Park Avenue closed this week for a sales price of $849,000 or $414.00 per square foot. This was a 4 bedroom modern style home that was located on a double lot and had been completely renovated. The home generated quite a bit of buzz when it hit the market and went under contract days after coming on the MLS. This is a great comparable for homes in the South Grove. The house was listed by Isabelle Andrews of EWM.
Also, the home at 4010 El Prado closed recently for a sales price of $950,000 or $301.00 per square foot. Not quite as high as the Park Avenue house but still well over the average “price per square foot” in the Grove. In my opinion any seller getting over $300 a foot in this market, is doing very well. The home was listed by Brett Troskey of Yourigloo Realty.
When listing or buying a home it is essential to have a local Realtor who knows the numbers, tracks the market and can value a home correctly. If you are interested in buying or selling a Coconut Grove home I would love the opportunity to work with you. Call me on my cell at 305.342.1623 or send me a message here.
