Bay Heights Homes for Sales – An Independent Analysis of this booming area within Coconut Grove
Bay Heights Homes for Sale in Coconut Grove
What is the Investment Value?
Bay Heights is a sought-after and walled community with only 56 homes in the exclusive North Coconut Grove. As our latest listing in this desired community got quite some attention from potential buyers, we decided to take a more profound look into this community to show our readers the numbers behind its success.
Map of the Bay Heights community in Coconut Grove
Bay Heights Homes for Sale – The price evolution in Bay Heights
The Bay Heights community saw a sharp increase in the average as well as the median sales price per Sq.Ft. The average price per Sq.Ft increased by 53% over the last 2 years while the median increased with 44% over the same time period.
Bay Heights Homes for Sale – More Million Dollar sales than ever!
The amount of homes that are selling is increasing as well as the amount of homes that sell over $1M.
While in 2013, none of the sold homes sold for more than 1 million dollar, in 2015 an impressive 67% of all homes sold was above the $1M.
A list of current listings in Bay Heights – North Coconut Grove
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