Homes for sale in Coconut Grove – The Best Deals between $2M and $3M?

What are the best Coconut Grove homes you can get between $2 and $3M?

One of the things that our client find most useful in our website and from talking to us is our statistical analysis and knowledge of the markets.

The ability to look at the market numbers and plug in your budget will very quickly tell you what you can get. Combine this with our ‘top 10 picks‘ section and our ‘search‘ section and your have a formidable tool in your hands.

We always mention not to generalize an entire market. Therefore we always dry to provide you with the most accurate data. Below you will find the data for Coconut Grove homes between $2 and $3Million Dollar. Based on the data you will be better equipped to make a well thought through investment decision. With that said, I see homes in the neighborhood on a daily basis and almost know instinctively a good deal from a bad one the moment I see it. Therefore, it’s worth calling me direct at anytime and I will share with you what I know.

With that said, I see homes in the neighborhood on a daily basis and almost know instinctively a good deal from a bad one the moment I see it.

Therefore, it’s worth calling me direct at anytime and I will share with you what I know.

Its also worth mentioning that I am aware of a number of ‘pre-market’ properties at any point in time because I spent so much time ‘door knocking’ and building relationships with sellers who are getting ready to sell but are ‘not quite there yet’.

Whats happening in the homes for sale market in Coconut grove between $2-$3m?

The current price per Sq.Ft range in the Grove runs between $255 and $600 (the median is $435 per Sq.Ft) (As you can see on our statistics page – May 2016).

However the sub-market of Coconut Grove homes that sell between $2M and $3M shows these noteworthy market movements:

Data taken over the last 12 months since July 2016

Total sales in 2016: 9
Total sales in the last 12 months: 15

♦ The highest sales price is: $605
♦ The lowest sales price is: $311
♦ The average sales price is: $480.

These properties were on average for 146 days on the market

We have noticed that the difference between listing prices and sales prices for Coconut Grove homes that sell between $2M and $3M has been significant.

♦ The average difference listing & sales price: – 7.3%
♦ The median difference listing & sales price: – 8.5%.
♦ The least significant price drop was: 0%
♦ The most significant price drop was: The most significant price drop was 15.3% (From $3.4M to $2,88M)

The home below sold for the lowest price per Sq.Ft: $311