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Coconut Grove

35 active listings · updated nightly · snapshot 2026-W45

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ALERTS

Price drops — daily

New listings — weekly

SAVE A MARKET

MEDIAN SALE PRICE

$2.67M

trailing 90d

MEDIAN $/SF

$1,144

▲ 9.8% YTD

ACTIVE INVENTORY

35

for sale

SOLD VS. ORIGINAL ASK

91.9%

NEW95.0% of final list

DAYS TO CONTRACT

65

NEW96 to close

MARKET PULSE

0.37

Buyer's market

Price cuts (trailing 30d): 6 · 17.1% of active · maturing to a full 30-day share

OVERVIEWINVENTORYPRICINGPRICE/SQFTSALES VOLUMEABSORPTIONLUXURY TIERSASSESSED VALUE EQUITY ANALYSISREPORTS

MEDIAN SALE PRICE OVER TIME

$4.04M$2.67M$1.3M$2.88MNovJan '26MarMayJulSep

MARKET PULSE

coconut-grove

Buyer'smarket Seller'smarket 01.0 0.37

BUYER'S ADVANTAGE

Today 0.37 · Miami-Dade County 0.17

MARKET SUMMARY · 12 MONTHS

Median sale price$2.67M
Median $/SF$1,144
Median days on market70
Total sales (12mo)88
New listings (12mo)111
Sold ÷ original ask NEW91.9%
Sold ÷ final list price NEW95.0%
Sold below original ask NEW88%
Median days to contract NEW65
Median days to close NEW96
How buyers paid NEW63% cash · 36% fin. · 1% n/d
Months of supply—4.8
Sale-to-just-value COUNTY—1.28×
Owner-occupied COUNTY—56.8%

TIER HEALTH · NEW VS. ABSORBED

TIERMEDIANNEWABS.BALANCE
$5M+$9.1M11BALANCED
$2–5M$3.32M12SUPPLY-STARVED

Fixed tiers per §2.2b · new = listed 30d · absorbed = closed 30d.

TIME TO SELL · LISTING TO CLOSING

NEW
Listed · day 0Under contract · day 65Closed · day 96

65

days, listing → contract

42

days, contract → closing

96

days, listing → closing

Condos & townhomes · 5550 days to contract · 104 to close · 93.0% of original ask
Single-family · 3370 days to contract · 95 to close · 91.1% of original ask

How long homes took to go under contract

0–30 days38% · 33
31–90 days22% · 19
91–180 days19% · 17
181+ days22% · 19

Medians of 88 closed sales, Nov 2025 – Oct 2026. Days are counted from the listing date.

HOW BUYERS PAID

NEW
Cash 63% · 55 salesFinanced 36% · 32 salesNot disclosed 1% · 1 sales
Condos & townhomes · 5566% · 33% · 2%
Single-family · 3358% · 42% · 0%

63%

cash share of disclosed sales

MayJunJulAugSepOct

Financing reported on 99% of sales (87 of 88).

Cash: paid entirely in cash. Financed: any mortgage or loan, including a mix of cash and loan. Not disclosed: payment method not reported, or reported only as “Other” / 1031 exchange. 88 closed sales of homes, Nov 2025 – Oct 2026.

WHAT LISTING SITES CAN'T SEE PUBLIC RECORDS · RECORDED DEEDS

56.8%

Owner-occupied (homestead) COUNTY

1.28×

Sale-to-just-value ratio COUNTY

37.8%

Homes sold, 10-yr COUNTY

+9.8%

Appreciation YTD · $/SF CLOSED SALES

Appreciation YTD compares the median price per square foot of closed sales so far this year against the same period last year. Price per square foot rather than median price, because a median price moves with which homes sold — over this span South Beach ran +1.9% on median price but −4.3% per square foot. Effective tax rate: modeling in progress — the county roll carries no millage field, so we show “—” rather than an estimate.

TOP NBHDS · MEDIAN PRICE

No sub-markets with data yet

FASTEST SELLING · DOM

No sub-markets with days-on-market yet

NBHDS PERFORMANCE · $/SF

No sub-markets with $/SF yet

RENTAL MARKET for-lease · separate from the for-sale figures above

$13,000/mo

Median asking rent

15

Active rentals

3

New listings (30d)

45

Median days on market

MARKET NARRATIVE

The for-sale market in Coconut Grove, Miami-Dade County, is carrying 35 active listings this week at a median list price of $3,767,400. Fresh supply arrived over the past month — 5 new listings — against 13 pending sales, putting the market pulse at 0.37, a buyer's market. Homes are taking a median of 70 days on market. For context, Miami-Dade County runs at a 0.17 pulse. If inventory keeps outpacing contracts, buyers gain room to negotiate.

Generated from this week's snapshot · every figure cited appears on this page

FREQUENTLY ASKED · COCONUT GROVE

How much do homes cost in Coconut Grove?

The median sale price in Coconut Grove is $2.67M over the trailing 90 days, and the median list price is $3,767,400.

Is Coconut Grove a buyer's or seller's market?

Coconut Grove is currently a buyer's market. Its market pulse — pending sales divided by active listings — is 0.37; readings at or above 0.60 favor sellers and below 0.40 favor buyers.

How many homes are for sale in Coconut Grove?

There are 35 active for-sale listings in Coconut Grove as of snapshot 2026-W45, updated weekly.

How long do homes take to sell in Coconut Grove?

Homes in Coconut Grove spend a median of 70 days on market.

What is the price per square foot in Coconut Grove?

The median list price per square foot in Coconut Grove is $1,144.

What share of Coconut Grove homes are owner-occupied?

About 56.8% of homes in surrounding Miami-Dade County are owner-occupied (homestead), per public property records — the county-level figure is shown because homestead data isn't published at the neighborhood level.

How often do homes sell in Coconut Grove?

About 37.8% of homes in surrounding Miami-Dade County have changed hands over the past decade — roughly 3.8% per year — based on qualified arm's-length sales in public deed records. The county figure is shown because deed-level turnover isn't computed at the neighborhood level.

How long do homeowners typically own in Coconut Grove?

Homeownership in Miami-Dade County skews long-term: only about 38% of homes had a qualified sale in the past decade, so roughly 62% of owners have held 10+ years, per public deed records.

How much housing inventory does Coconut Grove have?

Coconut Grove has about 4.8 months of supply — active for-sale listings divided by the average monthly pace of closed sales over the trailing 12 months. Below roughly six months typically favors sellers; above it favors buyers.

Every figure above appears elsewhere on this page · snapshot 2026-W45.