I have been preaching to my clients that inventory is low, but I believe we have truly hit rock bottom this week. When doing a search for some of our buyers, we found that there are only TWO livable homes for sale in North or South Coconut Grove priced under $1,000,000. ONLY TWO!
Just a year ago in February, we were looking at anywhere between 30 and 40 single-family homes for sale under $1,000,000 and at least 3/4 of those were in livable condition.
Curious about the details of the ONLY two homes for sale under $1,000,000 in Coconut Grove?
See photos and property information below:
3580 Main Highway | Listed November 28, 2020 | 2 Bedrooms, 2.5 Baths | 2,169 Sq. Ft. | Built in 1938 | 5,912 Sq. Ft. Lot | Listed by Aurelia Farero of Remax | Offered for $925,000
1831 Wa kee na Drive | Listed February 15, 2021 | 2 Bedrooms, 2 Baths | 1,647 Sq. Ft. | Built in 1956 | 5,650 Sq. Ft. Lot | Listed by Melissa Adams of Remax | Offered for $895,000
If you’re thinking of buying or selling in Coconut Grove, reach out to us today. We have the experience and knowledge to help you navigate today’s complex real estate market.