Breaking Down The Numbers | Coconut Grove Real Estate Activity By Price Point
There are many different ways to look at real estate data and market statistics. One of my favorite reports is the break down of active listings, pending and closed sales by price point. I think its important to keep an eye on the shifts between supply and demand by segment. As you can see from this week’s charts below, there is far more inventory in the $1,000,000+ price point than the below $1,000,0000 price point. However, the $1,000,0000 and below segment is where we have the most pending sales (which is where the demand is). Closed sales have been relatively quiet over the past 2 weeks with just 4 total single-family transactions in Coconut Grove.
Riley Smith has been the #1 Top Producing Coconut Grove Realtor for over 8 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.
The Real Estate Coconut is the most comprehensive online source for Coconut Grove real estate information. Whether you are looking for the latest sales, trends or homes for sale in Coconut Grove, The Real Estate Coconut has it all at your fingertips. Browse information regarding the Coconut Grove Gated Communities, Coconut Grove Waterfront Homes, Coconut Grove Townhouses, Coconut Grove Condos plus much more.