September was a good month for any seller who was asking more than  $1,000,000 for their home and that includes one bank as well. The property  located in the gated community called Ye Little Wood.  The property address is 3950 Wood Ave.    This property has been on and off the market for a couple of years but finally sold at $1,800,000

So here we go: There were 18 closed transactions , 5 of which were “short sales” 1 one was a “bank owned” property.

There were 13 pending sales in September of which 2 were short sales and no bank owend property went under contract

There are currently 131 active lisitngs in Coconut Grove ( Single Family) That includes 4 short sales and one bank owned property.

The number of short sales and “bank owned properties has decreased. We are not out of the woods yet. Actually, short sales are preferred over ” bank owned properites since short sales  do not depreciate the Coconut Grove real esate marke as much

 

Below is a breakdown of Closed Sales in September 2011 in Coconut Grove

 

 

Below are single family homes sale in Coconut Grove in the month of Septeber 2011

 

 

Below are Coconut Grove pendings sales ( properties that have gone under contract but not yet closed)

This map of Coconut Grove shows in what part of the Grove where the homes sales took place

 

This chart gives you and idea of how long it may take to sell a home in Coconut Grove.

 

 

 

Below are several beautiful homes for sale in Coconut Grove. Come take a look.

Please  drop me a line

Showing properties 1 - 5 of 75. See more city of Coconut Grove real estate.
(all data current as of 5/20/2012)

  1. 4 beds, 3 full, 1 part baths
    Home size: 4,015 sq ft
    Lot size: 1.69 ac
    Year built: 1950
    Days on market: 118
  2. 6 beds, 6 full, 1 part baths
    Home size: 6,106 sq ft
    Lot size: 28,577 sqft
    Year built: 1929
    Parking spots: 2
    Days on market: 52
  3. 4 beds, 5 full, 1 part baths
    Home size: 11,000 sq ft
    Lot size: 10,606 sqft
    Year built: 2010
    Parking spots: 4
    Days on market: 597
  4. 7 beds, 8 full, 1 part baths
    Home size: 10,832 sq ft
    Lot size: 15,386 sqft
    Year built: 1994
    Parking spots: 3
    Days on market: 690
  5. 6 beds, 6 full baths
    Home size: 8,759 sq ft
    Lot size: 13,561 sqft
    Year built: 1995
    Parking spots: 1
    Days on market: 141

Listing information deemed reliable but not guaranteed. Read full disclaimer.