Its magical, tropical and sought after! that’s how Coconut Grove has been described more than once. As you walk through its narrow streets you’ll see an ecclectic mix of residents and tourists. And why not? Its known for its green spaces and embracing an outdoor lifestyle. People lovingly call it “The Grove” and as popular as it is with visitors, it is also a much sought after place to live. Perhaps because it’s in the middle of all this dynamic city of Miami. Coconut Grove looks almost like a hamlet from a simpler and more organic way of life. People here seem to take pleasure in living an outdoor life. Try getting a table ‘al fresco’ on some of its most popular streets, and you’ll see how many others had the same thought!
We take a closer look at Coconut Grove and its surroundings. It clearly shows that it is still one of the top neighborhood to find a haven for your family. And the pricing of these homes matches the exclusivity that it brings! On average these homes are valued at over a Million Dollars. A hefty price when in search of paradise. Based on statistics from the Miami Real Estate Association, we budgeted our search starting at $999,000 and above, and this is what came up.
This fashionable neighborhood as is displayed on the graph above is so sought after that it consistently has fewer homes available from month to month. The highest number of homes for sale was in the winter months. That number dwindled to a current low of only 41 homes on the market. But the values of the homes is steep as well.
If you are considering to purchase, sell, or rent in Coconut Grove please contact us today! Our team of highly experienced and qualified agents have an acute understanding of the Miami real estate market and are equipped with all of the tools necessary to help you meet your personal residential housing needs. Don’t delay, contact us today and let us help you make your dreams a reality!
Contact Us Today at 786-615-2130 or Info@PrestigeRG.com
Our office is conveniently located at 3330 Virginia St (Second Floor) Coconut Grove, Miami, FL 33133
“Prestige Realty Group – Your trusted and dependable Miami Real Estate Experts.”
Here is just a sampling of what the market in Coconut Grove has to offer…
Source: Prestige Coconut Grove Real Estate
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