Breaking it down: Real Estate Market Stats for Coconut Grove, Florida

By
Real Estate Agent with EWM Realtors

Coconut Grove, Florida - Real Estate Market Condition - August 31, 2007

There are currently 306 single-family homes for sale in Coconut Grove, Florida. 

The months of inventory figure went down by 3.3 months from June to July and is now 15.8 months.  At the current sales rate, it would take almost 16 months for all listed properties to sell.  Most of the single-family homes inventory in Coconut Grove falls within the $400K-$600K price range, although most sales activity both in absolute and relative terms is occuring within the $800K-$1M price range.

Lowest priced listing: $137,700

Highest priced listing: $19,900,000

Properties currently under contract: 22

Properties sold in August 2007: 14

Properties sold year to date: 124

Months of inventory based on closed sales: +/- 16

 

Katheirne Clase

clase.k@ewm.com

786-281-0940

Comments (1)

Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

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Nov 26, 2015 12:20 PM