Coconut Grove, Florida – Real Estate Market Condition – August 2007There 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: $137,700Highest priced listing: $19,900,000Properties currently under contract: 22Properties sold in August 2007: 14Properties sold year to date: 124Months of inventory based on closed sales: +/- 16Katheirne Clase[email protected]786-281-0940
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