Values Remain Steady In North Grove Quadrant

The neighborhood in the North Grove situated between US1 and Tigertail as well as SW 22nd and SW 27th Avenue is a highly desirable area for many buyers.  This section of Coconut Grove is full of young families and homes typically run between $500,000 and $800,000 (which is an entry-level price point for Coconut Grove).

The values here have remained incredibly steady since last year.  Although there were more homes sold in 2011 than we have seen in 2012, the average sits at exactly $254.00 per square foot for both years.

As I have mentioned many times here on the blog, each home is unique and the “price/sq. ft.” figure simply gives us a general indication of the direction of the market.  If you are considering selling and are curious about the value of your home, please feel free to contact me directly on my cell at 305-342-1623.

The Real Estate Coconut is the most comprehensive online source for Coconut Grove real estate information. Whether you are looking for the latest sales, trends or homes for sale in Coconut Grove, The Real Estate Coconut has it all at your fingertips. Browse information regarding the upcoming Grove at Grand Bay new construction project, Coconut Grove’s gated communities, waterfront homes, villas, townhouses, foreclosures plus much more.

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Written by Riley Smith

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