What Homes Are Selling This Month In Coconut Grove?

Today I wanted to give you a quick recap of the market activity in Coconut Grove over the past month. There were 15 homes placed under contract between October 12th and November 11th of 2015. This figure is approximately the same that we experienced last year during these dates (16 homes under contract between October 12th and November 11th of 2014)

As you can see from the chart below, there were 6 homes placed under contract which were listed below $1 million, 6 that were placed under contract listed between $1 million – $2 million, 1 home under contract listed between $2 million and $3 million, and the last two homes that went under contract were listed over $3,500,000. I have said it on this blog many times over the past few months the $2,000,000 – $3,000,000 price point continues to be the least active segment of our market.

The average “List Price/Square Foot” of the homes listed below is $458.00, and the average list price is $1,725,568.  7 out of the 15 homes had price reductions before going under contract.

Coconut Grove Pending Sales | Single Family Homes | Last 30 Days

Address
List Price
Sq. Ft. LA
Sq. Ft. Lot
LP/Sq. Ft.
Beds
Baths
1840 S Bayshore Ln
$7,900,000
9,947
11,851
$794
6
5
3521 Bayshore Villas Dr
$3,350,000
5,014
5,981
$668
4
4
1617 S. Bayshore Drive
$2,195,000
4,882
9,000
$449
7
6
4047 Ensenada Ave.
$1,850,000
4,224
8,200
$438
5
5
3553 Palmetto Ave.
$1,499,000
3,118
7,000
$481
3
2
3900 Kumquat Ave.
$1,199,522
3,434
7,150
$349
5
4
4171 Lybyer Ave.
$1,199,000
4,882
8,700
$449
3
2
4280 Ingraham Hwy.
$1,156,000
2,717
16,841
$425
4
3
3744 Irvington Ave.
$1,039,000
2,377
7,450
$437
3
3
219 S Shore Dr.
$999,000
2,901
10,086
$344
4
3
3592 Main Hwy.
$829,000
2,133
7,260
$389
3
3
3655 Justison Rd.
$825,000
2,162
6,700
$382
3
3
2777 Calusa St.
$669,000
1,361
7,500
$491
3
2
3840 La Playa Blvd.
$649,000
1,503
5,800
$432
3
2
3573 Linden Lane
$525,000
1,546
6,000
$340
3
2
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