Keeping You In The Know | Coconut Grove Real Estate Market Recap
There have been 29 single family homes sales in Coconut Grove since January 1st of this year. These sales have come in at an average “Sale Price/Square Foot” of $450.00 which is exactly where they were selling last year. This is great news and is evidence of a stable market. We have also seen sales in certain segments pick up over the last few months which is a refreshing change from the last quarter of 2016.
A breakdown of the 2017 sales are as follows:
- 0 – $999,999: 13 homes sold
- $1,000,000 – $1,999,999: 9 homes sold
- $2,000,000 – $2,999,999: 5 homes sold
- $3,000,000 – $3,999,999: 1 home sold
- $4,000,000+: 1 home sold
The top 5 “Sale Price/Square Foot” figures for 2017 are below:
- 3505 Crystal View Court | Sale Price: $989,000 | Sale Price/Square Foot: $666.00
- 3763 Douglas Road | Sale Price: $1,593,750 | Sale Price/Square Foot: $613.00
- 2315 Swanson Avenue | Sale Price: $615,000 | Sale Price/Square Foot: $585.00
- 4180 Douglas Road | Sale Price: $882,000 | Sale Price/Square Foot: $554.00
- 3865 Poinciana Avenue | Sale Price: $855,000 | Sale Price/Square Foot: $541.00
If you are curious about how these sales impact your home’s value, contact us today for a no pressure home consultation!
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.
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