Coconut Grove Real Estate Market Report — Third Quarter 2026
A Stronger Market. Higher Values.
The Coconut Grove real estate market continued to strengthen during the third quarter of 2026, with rising median sale prices across single-family homes, condominiums, and townhouses.
According to an independent analysis of Miami REALTORS® MLS data by Alba Biondi and Isabelle Andrews of The Grove Experts, the median single-family home sale price reached $3.1 million, an increase of 19.2% year over year.
Condominium prices also advanced, with a median sale price of $1.695 million, while the townhouse median reached $1.8 million.
Sales activity increased for single-family homes and condominiums, while townhouse transactions declined amid limited inventory.
Q3 2026 Market Highlights
- Single-family homes: 53 sales; $3.1 million median price; 64% cash transactions.
- Condominiums: 44 sales; $1.695 million median price; 86% cash transactions.
- Townhouses: 18 sales; $1.8 million median price; 22% cash transactions.
Prepared independently by The Grove Experts, this quarterly report offers Coconut Grove homeowners, prospective sellers, and buyers a data-driven perspective on local real estate market conditions.
Considering selling your Coconut Grove property? Contact Alba Biondi and Isabelle Andrews for a confidential discussion about your property’s market position and a tailored selling strategy.