Overview of Coconut Grove Market-Heading Into the New Year
As we enter into a new year, we are excited to soon provide our clientele with the latest edition of the Coconut Grove Journal of Real Estate.
Our finalized sales analysis will be released in the upcoming weeks, and we look forward to delivering to you the market trends for the upcoming year.
The total number of single-family homes for sale in January 2020 is 153 compared to 164 total homes for sale in 2018. This represents a 6% decrease in the available inventory compared to last year. The most important decrease was the market under $1.5M with a 10% decrease of inventory.
By the end of the month, the 2019 Coconut Grove market report will be available to you. It will analyze the market performance and trends for what to expect in the year 2020.
Closing
The market is constantly fluctuating and you should be able to list your home at the best possible price. Contact us if you are in the need of some professional advice when choosing to sell your property.
Single-Family Home Prices
|
Price Points |
0-$1M |
$1M-$1.5 |
$1.5-$2M |
$2M-$3M |
$3M-$4M |
$4M-$6M |
$6M-$10M |
$10M+ |
|
For Sale 01/02/2018 |
54 |
29 |
21 |
38 |
10 |
6 |
4 |
2 |
|
For Sale 01/02/2019 |
35 |
38 |
25 |
35 |
7 |
3 |
7 |
3 |