The gap between homes for sale and the homes purchased is increasing. For example, in North and South Grove combined, 60% of single-family homes are priced over $1.5M, while only 24% of all homes sold at that price point during 4Q 2016. You can see the data and trends by looking at this chart of the number of single-family homes for sale versus sold 4Q 2016 per price point.
Alba Biondi and Isabelle Andrews have been the #1 Top Producing team in the EWM/Christie’s International office in Coconut Grove for the last 4 years. We live in the Grove and publish the Coconut Grove Real Estate Journal, which gives you the current data and trends for this market. This journal can be found on our website, groveexperts.com. Our office is located in the Grove at 3560 Main Hwy Coconut Grove, FL 33133. If you are looking to buy or sell real estate in Coconut Grove, contact us. We will make sure you reach your goals!
Isabelle Andrews 305.546.5421 English/French
Alba Biondi 305.323.2595 English/Spanish/Italian
theteam(at)groveexperts(dotted)com
