“New construction” represents single-family homes built in 2015 and 2016.
Twelve and 11 newly constructed homes were available for sale in North and South Grove respectively at the beginning of April 2016.*
They represent 53% of the available property over $1M in North Grove and 43% in South Grove. The asking price ranges from $1,500,000 to $2,720,000. The average asking price per sq/ft is $522 and $557 in North and South Grove.
Only 1 sold during the 1Q 2016. It sold for $487 per sq/ft. and is located at 4080 Ensenada Ave.
In West Grove, 12 of the 29 single-family homes available for sale represent new construction. Most of them are not yet built. They range in price from $499,000 to $780,000. Only 6 homes sold during the 1Q 2016, and the sales price ranged from $150,100 to $346,000. No newly constructed homes were sold.
*Waterfront properties are not included.
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.
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