ISABELLE ANDREWS P.A.
305.546.5421
theteam@groveexperts.com

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Single Family Home Performance 4th Quarter 2014

Single-family home sales in Coconut Grove were up 11% in the 4th quarter of 2014 from last quarter and on par with sales (50 homes sold) from last year. A total of 215 single-family homes sold in 2014, which is one more home than in 2013.

The 4th quarter median sale price in North Grove was $947,500, which is up 27% ($745,000) compared to last year. The 4th quarter median sold price in South Grove was $747,000, which is down 10% ($837,000) compared to last year.

The available inventory for sale in South Grove has remained constant since last year with forty-four single-family homes for sale in January 2014 and 2015. North Grove inventory has doubled since last year with 48 homes for sale in January 2015 compared to January 2014.

You can find a complete list of single family homes sold in Coconut Grove here.

Coconut Grove is always growing.

If you're interested in buying or selling in the Grove, call Isabelle Andrews at 305-546-5421, Alba Biondi at 305-323-2595, or email us at theteam@groveexperts.com.

Grove Experts

We are the #1 Team- EWM Coconut Grove

Top 1/2 of 1% Nationally

EWM 2013 Chairman's Club - Diamond Level

EWM 2014 Chairman's Club - Diamond Level

We Believe Coconut Grove is Extraordinary. Our purpose is to introduce Coconut Grove to the world as the ultimate neighborhood for people in search of beauty, tropical elegance, and a high quality of life. The pursuit of our client's happiness and satisfaction is at the heart of our team's culture.



 

$2 Million+ Condos Drive 4th Quarter 2014 Sales

The Coconut Grove real estate market ended 2014 on a high note as the fourth quarter had the best performance of the year. The condo resale market saw 203 closed sales during 2014 for a gross value of $132,527,408, an increase in dollar value of 10.7 % compared with 2013 and 17.7% compared with 2012. $2 million+ condos represented the highest performing segment of the market with a 100% increase in sales over 2014 compared to 2013.

The strong performance of the $2million+ market is a trend that has continued from last year and will likely continue as the Grove awaits the completion of the Grove at Grand Bay and Park Grove projects. In addition, Condo inventory has increased and reached the triple digits for the first time since mid-April, giving buyers more options. Our upcoming edition of The Coconut Grove Journal of Real Estate will feature an in depth analysis of the condo and single-family home markets.

Interested luxury condo buyers can search our database of available $2million+ condos here.

Look at a complete list of condos sold in Coconut Grove here.

Coconut Grove is always growing.

If you're interested in buying or selling in the Grove, call Isabelle Andrews at 305-546-5421, Alba Biondi at 305-323-2595, or email us at theteam@groveexperts.com.

Grove Experts

We are the #1 Team- EWM Coconut Grove

Top 1/2 of 1% Nationally

EWM 2013 Chairman's Club - Diamond Level

EWM 2014 Chairman's Club - Diamond Level

We Believe Coconut Grove is Extraordinary. Our purpose is to introduce Coconut Grove to the world as the ultimate neighborhood for people in search of beauty, tropical elegance, and a high quality of life. The pursuit of our client's happiness and satisfaction is at the heart of our team's culture.



 

EWM Reveals Top Producers of 2014

The Grove Experts team of Alba Biondi and Isabelle Andrews were recognized as members of the EWM Chairman’s Club-Diamond Level-which represents the top ½ of 1% of sales nationally. This is the second consecutive year Alba and Isabelle received this honor. The Grove Experts specialize in luxury real estate in Coconut Grove, one of Miami's most vibrant communities.

EWM Realty International and Christie's International Real Estate represent the leaders in market knowledge and personal service in South Florida.

Interested in exploring Coconut Grove real estate?

For more information call Isabelle Andrews at 305-546-5421, Alba Biondi at 305-323-2595, or email us at theteam@groveexperts.com.

Grove Experts

We are the #1 Team- EWM Coconut Grove

Top 1/2 of 1% Nationally

EWM 2013 Chairman's Club - Diamond Level

EWM 2014 Chairman's Club - Diamond Level

We Believe Coconut Grove is Extraordinary. Our purpose is to introduce Coconut Grove to the world as the ultimate neighborhood for people in search of beauty, tropical elegance, and a high quality of life. The pursuit of our client's happiness and satisfaction is at the heart of our team's culture.



 

Exciting Improvements to Grove Playhouse

The historic Coconut Grove Playhouse, which has been closed since 2006, will open its doors again soon. Miami-Dade County has begun the process of reviving the building.

The Playhouse, which first opened in 1927, is a cultural and architectural icon of the Grove. The Mediterranean style building is so important that it is considered a city of Miami landmark, making it immune to demolition.

Miami-Dade county has $20 million designated to this renovation and recently selected a design team that will decide how to proceed with renovation and reconstruction of the iconic location. The design team led by Arquitectonica includes well known architect and preservationist Jorge Hernandez. This represents a huge step forward in the process and is an exciting development for the Grove community. The renovated theatre is sure to bolster the already thriving economy of the Grove and stand as a cultural icon for years to come.

The Coconut Grove community is always improving.

For more information on Coconut Grove Real Estate call Isabelle Andrews at 305-546-5421, Alba Biondi at 305-323-2595, or email us at theteam@groveexperts.com.

Grove Experts

We are the #1 Team- EWM Coconut Grove

Top 1/2 of 1% Nationally

EWM 2013 Chairman's Club - Diamond Level

EWM 2014 Chairman's Club - Diamond Level

We Believe Coconut Grove is Extraordinary. Our purpose is to introduce Coconut Grove to the world as the ultimate neighborhood for people in search of beauty, tropical elegance, and a high quality of life. The pursuit of our client's happiness and satisfaction is at the heart of our team's culture.



 

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