The Grovenor House has long been an iconic building in Coconut Grove. Prices were reduced by 4% from an average sales price of $2,125,000 in 2014 to $2,035,000 in 2015. The building only had 8 closed sales in 2015 versus 15 in 2014. The absorption rate is -46% which is a sign of a healthy market. The average number of days on the market increased by 12 days since 2014. The asking price to sales price ratio is down 2.5% which means that this is a perfect time to buy, whether it be in the beautiful Grovenor House or any of the other condo buildings in Coconut Grove, we are the Grove Experts and we know it better.
If you are interested in buying or selling property, call Isabelle Andrews at 305.546.5421, Alba Biondi at 305.323.2595, or email us at theteam(at)groveexperts(dotted)com.
We are Local, We are Global.
Grove Experts
EWM 2015 Chairman’s Club – Diamond Level
EWM 2014 Chairman’s Club – Diamond Level
EWM 2013 Chairman’s Club – Diamond Level
We Believe Coconut Grove is Extraordinary.
Our Purpose is to introduce Coconut Grove to the world as the ultimate neighborhood for people in search of beauty, tropical elegance, and a high quality of life. The pursuit of our client’s happiness and satisfaction is at the heart of our team’s culture.
