Coconut Grove Market Snapshot – March 2016


The Coconut Grove Non-Waterfront property category has seen powerful activity in the past 6 months of sales. Single family home sales data shows that in the last 6 months we have seen 88 transactions. The average sold price was $1,171,173 with an average price per square ft at $409. The previous 6 months before that, we saw 108 transactions with an average sold price of $1,077,384 and average price per square ft at $414. The clear consistency demonstrates the long term value of Grove homes which draw significant attention due to bohemian chic community attributes and proximity to Brickell and the Beaches. See all the data here and reach out to learn more about the trajectory of this consistently strong area where I have expertly negotiated record breaking sales for local and global client networks.

Currently, there are 144 luxury homes on the market over $1 Million with 39 recently added in the last 30 days. The average list price of non-waterfront homes as of today is $1,309,000. As I continue to rack up award winning sales as a ONE Sotheby’s top producer, I look forward to generating more strong activity. To view top homes for sale in coveted Coconut Grove, check the exclusive listing page of the Jill Penman Group website and reach out for a private appointment.

Work with an experienced and trusted Coconut Grove market specialist as you explore real estate opportunities in Miami’s most sought after communities. Call today for a buyer or seller consultation with the Jill Penman Group at 305.807.9199.  My expertise in local real estate and the global luxury market delivers extraordinary service that has firmly established my brand as an international luxury real estate leader for the past 13+ years. Read more about how I tirelessly chase the results that matter most to our clients and reach out to experience this for yourself.

Comments (1)

David Alan Baker Laveen & South Phoenix Realtor
Keller Williams Realty Phoenix - Laveen, AZ
Your local Expert

Some good reporting going on here for coconut grove. Thanks for sharing.

Mar 09, 2016 09:25 AM

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?