New Townhouses In Center Grove: Average Sale Is $452,000

Gifford Lane

I have several clients who are in the market for one of the “newer” townhouses (built within the past 10 years) in Center Coconut Grove.   For purposes of this post, Center Grove means the true Center Grove which lies south of Bird Avenue, east of 32th Avenue, west of 27th Avenue and north of Oak Avenue.  

There were approximately 10 non-distressed townhouses sold in this area during 2010.   Sales prices for these ranged between $350,000 and $570,000 depending on whether or not they had a pool, year built and quality of finishes on the interior.  There were also 4 distressed sales in this segment of the market, 2 of which closed significantly below that range (3225 Gifford Lane sold for $325,000 and 3180 Lamb Court sold for $240,000). 

There are currently 8 new construction townhouses for sale in Center Coconut Grove.   To view information and photos of these townhouses please click here.

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I know the numbers, I analyze the market, my clients make better decisions.  If you would like to buy or sell real estate and are looking for an experienced Realtor in Coconut Grove, please don’t hesitate to contact me at 305.342.1623 or send me a note here.