Community Information
Under $400k Homes Moving Fast In South Grove
Categories: Coconut Grove, Community Information, Real Estate News
hiThere were 3 homes that came on the market recently that went pending in a matter of days. They were all priced under $400,000.
The first home was located at 4095 La Playa Blvd. and was priced at $399,000. The house featured 3 bedrooms, 1.5 baths and 2,026 square feet of living space. Broker was Coldwell [...]
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Coconut Grove Art Stroll – First Saturday Night each Month:
Categories: Coconut Grove, Community Information, Real Estate News
hiDrop by the Coconut Grove Art Stroll on the first Saturday of the month (7pm-11pm)! Enjoy a bohemian vibe and artsy street feel that put Coconut Grove on the map! The Promenade in the Shoppes at Mayfair in the Grove hosts a free art festival and exhibit for the public September 5th (and on the first Saturday of each month!)… reminiscent of when Coconut Grove was home [...]
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Recent Pending Sales In Coconut Grove
Categories: Coconut Grove, Community Information, Real Estate News
hiKeeping my buyers and sellers informed, here are the pending sales in Coconut Grove for the past few weeks.
It is not surprising that we only have a handful of properties to go under contract at the end of August/beginning of September. It is not a convenient time for buying a house for many people with [...]
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These Days Its All About “Price Per Square Foot”
Categories: Coconut Grove, Community Information, Real Estate News, South Florida Market Stats
hiWhat Is “Price Per Square Foot”?
“Price Per Square Foot” (or PPSF) is calculated by dividing the price of the home by the amount of square feet of the home. Realtors mainly use the Sold Price Per Square Foot when doing their comps for a home as opposed to the Asking Price Per Square Foot because [...]
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Trees on Kumquat Avenue
Categories: Coconut Grove, Community Information, Real Estate News
hiThe City has planted about 15 new trees in the swale areas of Kumquat Avenue. I guess any time you plant new trees its a good thing, I just wish they had done it in a place that didn’t have such a large canopy already.
Also on Kumquat? Along with the trees, Realtors have planted 8 [...]
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Short Sales in Coconut Grove
Categories: Coconut Grove, Community Information, Real Estate News, Short Sales
hiSo far this year there have been 8 single family home SHORT SALES sold this year in Coconut Grove. The average length of time between the day these homes came on the market and the day they closed was 9 months.
It would be better to know how long the short sales took from the moment the first buyer submitted their offer to [...]
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Coconut Grove’s Diverse Real Estate Market, It Is All About Location
Categories: Coconut Grove, Community Information, Real Estate News, South Florida Market Stats
hiFor those of you who are not familiar with Coconut Grove, the community can be broken up into several different areas. Although I usually just differentiate between North and South Grove, there are actually pockets of homes in both areas where we see a vast difference in price point.
North Coconut Grove
For instance, above you will [...]
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Rare Opportunity at 3625 Leafy Way
Categories: Coconut Grove, Community Information, Listings, Real Estate News
hiA new property has come on the market today on Leafy Way (3925 Leafy Way). For those of you not familiar with the streets here in Coconut Grove, Leafy Way is a small private road off of Douglas Road. The street is known for its dense foliage covering every inch of the sky.
Although the [...]
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Coconut Grove Is Hit Hard By Appraisals
Categories: Coconut Grove, Community Information, Real Estate News
hiAppraisals are the name of the of the game these days and especially here in Coconut Grove. We have such an eclectic mix of properties here and so few sales that it can be hard for an appraiser to know exactly what to use as comparables. As I talk with the other Realtors in town we [...]
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June ‘09 Townhouse Market Update
Categories: Coconut Grove, Community Information, Real Estate News, South Florida Market Stats
hiKeeping buyers informed of the townhouse market in Coconut Grove, here are the following pending and closed sales for June of 2009.
June Pending Coconut Grove Townhouses:
Address
List Price
Beds/Baths
Square Feet
Year
Distress?
3182 Jackson Avenue
$525,000
3/2.5
2,350
2003
No
3128 Center Street
$414,999
2/2.5
1,405
1976
No
2998 Virginia Street
$289,000
2/2
1,116
1979
No
3095 Ohio Street
$284,900
3/2.5
2,555
2006
Foreclosure
2927 Catalina Street
$229,000
3/2.5
1,370
1986
No
June Sold Coconut Grove Townhouses:
Address
List Price
Sale Price
Beds/
Baths
Square Feet
Distress?
2970 Shipping Avenue
$449,000
$425,000
3/2
1,756
No
3120 Bird Avenue
$139,900
$135,000
2/1.5
1,143
Foreclosure
To stay updated with all Coconut Grove real estate [...]
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