First Sale Of The Year Comes Across The Wire | Alfred Browning Parker 1948 Home

The first single-family home to close in 2017 has just come across the wire. 4149 Bonita Avenue was an Alfred Browning Parker home built in 1948. The home offered 3 bedrooms, 2 baths with 1,885 square feet of living area on an 8,475 square foot lot. The property was on the market for years as a single-family home and a rental. It was listed for $659,000 and closed for $640,000 or $339.00/square foot.

Market Note: During 2016, single-family homes priced under $1,000,000 accounted for approximately 50% of the sales, however these homes comprise just 26% of the active listings. This data tells us that the demand for this segment of the market far exceeds the supply.

View all properties listed for sale under $1,000,000 in Coconut Grove here.


Riley Smith has been the #1 Top Producing Coconut Grove Realtor for over 7 years and knows the market inside and out.  If you would like to buy or sell real estate in Coconut Grove, please contact us at 305-342-1623 or send us a message here.
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