Tuesday, July 12, 2016

Coconut Grove Real Estate Report – Quarter 1 & 2 of 2016

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A quick overview of the Coconut Grove Real Estate Market in the first half year of 2016

Our quarterly real estate updates are excellent to gather a pulse on the Coconut Grove real estate market as we provide the market’s key indicators. Although our real estate updates are refreshed each quarter they focus on the last half year of Coconut Grove real estate data to provide you with a more complete overview of the market.  All data are derived from the MLS South Florida[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]

Click on image to enlarge

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The Coconut Grove Real Estate Market

The average prices in Coconut Grove stayed within the range of $375 and $475 with a steep $587 in June 2016, a month in which a $35M property sold for more than $2,000 per Sq.Ft. Coconut Grove home prices have seen a more steady incline

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What Kind of Homes Represent the Lower, Average and Higher Sales Prices?

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A typical home that sells for the Low Average Price per Sq.Ft

Generally a home that is sold for land value in a less desired / non-waterfront street or a home that requires updating or remodeling

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A typical home that sells for the Average Price per Sq.Ft

Generally a well finished home, that depending on personal taste might or might not need updating. Homes in this price range are normally ready to move in.

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A typical home that sells for the High Average Price per Sq.Ft

Homes that sell for more than the average price. Normally these are the very well finished homes with some unique features, homes located in a gated community or waterfront homes.

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Search for Coconut Grove Homes for sale in a certain price range

[/vc_column_text][vc_column_text]Homes that sell for more than the average price. Normally these are the well finished homes with a great amount of detail, homes located in a gated community or waterfront homes. These are really the better range of homes.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width="1/4"][vc_column_text]Listings of $300 - $400 per Sq.Ft[/vc_column_text][/vc_column][vc_column width="1/4"][vc_column_text]Listings of $400 - $500 per Sq.Ft[/vc_column_text][/vc_column][vc_column width="1/4"][vc_column_text]Listings of $500 - $600 per Sq.Ft[/vc_column_text][/vc_column][vc_column width="1/4"][vc_column_text]Listings of $600 - $700 per Sq.Ft[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width="1/4"][vc_column_text]Listings of $700 - $800 per Sq.Ft[/vc_column_text][/vc_column][vc_column width="1/4"][vc_column_text]Listings of $800 - $900 per Sq.Ft[/vc_column_text][/vc_column][vc_column width="1/4"][vc_column_text]Listings of $900 + per Sq.Ft[/vc_column_text][/vc_column][vc_column width="1/4"][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]

For more information about the Coconut Grove Real Estate Market, please contact the David Siddons Group directly

+1.305.508.0899 or Siddons.d@ewm.com

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Interesting News

Coconut Grove Real Estate Updates Coconut Grove Neighborhood News A Top 10 of Coconut Grove Properties Coconut Grove Condos Coconut Grove Pre-Construction Condos

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See More Here: Coconut Grove Real Estate Report – Quarter 1 & 2 of 2016

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