The number of months of inventory for sale tell us the “health” of any real estate market.
As of July 5th, 2011, Coconut Grove has 10.3 months of inventory for sale.
Six months of inventory or less is the number to see the average sold price of Sq/Ft increase.
2011 will be a remarkable year for the Coconut Grove real estate. 2011 is the year of the beginning of the recovery.
www.groveexperts.com has all the latest numbers regarding the Coconut Grove real estate market.
Isabelle de Gaulejac Andrews
305-546-5421