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    Coconut Grove

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    Market Snapshot Coconut Grove – January 2017

    January 27, 2017

    The Coconut Grove Market in January 2017

    This is a quick snapshot of the Coconut Grove single family home market in January 2017. The snapshot is meant to provide sellers and buyers alike with a quick and easy understanding of the Coconut Grove real estate market.

    Coconut Grove Listings as per January 27th
    157 Listings in total

    GRove 1

    Coconut Grove Sales in December 2016 / January 2017
    17 Sales in total

    Grove 2

    The average sales prices per SF per Price range

    Grove 3

    Months of Inventory in December 2016

    Grove 4

    The months of inventory, the most important indicator for future real estate behavior, are showing very healthy numbers. Below the $1,5 million range the market is experiencing a sellers market while the $1,5M – $2M market is experiencing a very well balanced market. The higher end of the market is seeing a buyers market. Given the low numbers of inventory there is no wonder we just listed a Coconut Grove home on Braganza and had it under contract for sale within 5 days (just below asking and with a back-up contract ready).

    For more information on the above data or a more in-depth explanation of your market please call the David Siddons Group

    David Siddons | +1.305.508.0899 | Siddons.d@ewm.com

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    the 2016 miami real estate report

    ex-stockbrocker’s analysis of the miami market

    Call us at: (305) 508-0899 or email us below at siddons.d@ewm.com
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