Update On Coconut Grove’s Gated Communities | Inventory Up, Sales Down

The Cloisters, Gated Community

The Cloisters, Coconut Grove Gated Community

The inventory for homes in Coconut Grove gated communities is higher than it has been in over a year. In fact, there are currently 23 listed for sale (including single family homes & villas) which represents about 10% of the market. One explanation for this trend is that there have been very few sales in gated communities over the past 6 months which has allowed the inventory to get backed up (only 3 single family homes and 1 villa have sold since October 2015).

The good news is that there is a wide range of prices available right now in our gated communities. Not too long ago you couldn’t find a home under $2,000,000, but recently there has been an influx of $1,000,000 – $2,000,000 properties hitting the market.

A few of my favorites include: this home listed in De Garmo Estates which is priced at $1,299,000 a one-of-a-kind villa in The Cloisters (located in the heart of the Coconut Grove village) listed for $2,850,000;  and this 1929 spectacular estate in The Moorings listed for $8,900,000.

Want more information on Coconut Grove’s gated communities? Check out the links below which will take you to a description of each community and also photos and information of homes for sale in each.

Gated Home Communities in Coconut Grove:
Gated Townhouse and Villa Communities in Coconut Grove:

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