The overall Coconut Grove single-family home performance of the market was the same as last year for the first quarter.

• $50,090,050 was the total sales volume for the 1Q 2016 versus $52,76,050 for the 1Q 2015.

• 39 single-family homes were sold versus 35 during the same period last year.

• Median sales price was $775,000 in North Grove and $1,525,000 in South Grove versus $950,000 and $1,575,000 in 2015.

• 51% were cash deals versus 46% last year.

The difference compared with last year? A shift occurred in the available inventory for sale, with a huge increase in the $2M+ market, an emerging market for new construction, and new values in West Grove.

If you are thinking of selling your house, call us for a hyperanalysis of the market tailored for your property.

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

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