Coconut Grove Townhouses Under $500,000 Are Selling!

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As I continue to review the numbers for tonight’s real estate talk, I am amazed at how well the $500,000 and under townhouses are selling in Center Coconut Grove.  So far in 2011 there have been 20 townhouses in Center Grove sold under $500,000 and there are only 36 left on the market.  Back in 2008 there was double that figure for sale in Center Grove.   Demand is increasing and inventory is shrinking which is great news for sellers.  Also, I do see some strength in the above $500,000 townhouse market coming as there have been some recent sales in this segment as well.

To view all townhouses for sale in Center Coconut Grove priced under $500,000 click here.

If you are interested in buying or selling real estate in Coconut Grove and are looking for an experienced real estate agent please do not hesitate to contact me at 305.342.1623 or send me a message here.

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