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Coconut Grove Real Estate Market Report (November 30, 2006)
Coconut Grove is boarded by the east by the Atlantic Ocean and to the west by Coral Gables. The total residence count is 79,138 with a total households of 30,847. The median age is 39.35 and the median income is $58,992. The teperature is great year round ranging from a low of 60 and a high of 91 degrees.
The single family market consisting of single family homes is as follows. Their is 143 active listings currently on the market. Their have been 62 properties that have sold since January 1, 2006. Their is 10 properties currently under contract and 47 properties have expired off the MLS system. This means that they did not sell in an average six month period. Their have been 3 properties withdrawn from the market by the sellers.
The single family market consisting of condominiums, townhomes and villas is as follows. Their is 257 active listings on the market. Their have been 91 closed sales since January 1, 2006. Their is 16 properties currently under contract and 121 properties that have expired off the MLS system. Their have been 6 properties that were withdrawn by the sellers.
Coconut Grove is a very artsy community, featuring one of the best ... more

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