MEDIAN SALE PRICE
$760K
trailing 90d
MEDIAN $/SF
$536
per sqft
ACTIVE INVENTORY
3
for sale
SOLD VS. ORIGINAL ASK
90.1%
NEW92.3% of final list
DAYS TO CONTRACT
63
NEW91 to close
MARKET PULSE
0.27
shown at Miami level
MEDIAN SALE PRICE OVER TIME
MARKET PULSE
palm-grove
BUYER'S ADVANTAGE
Shown at Miami level
MARKET SUMMARY · 12 MONTHS
| Median sale price | $760K | |
| Median $/SF | $536 | |
| Median days on market | 61 | |
| Total sales (12mo) | 9 | |
| New listings (12mo) | 7 | |
| Sold ÷ original ask NEW | 90.1% | |
| Sold ÷ final list price NEW | 92.3% | |
| Sold below original ask NEW | 89% | |
| Median days to contract NEW | 63 | |
| Median days to close NEW | 91 | |
| Months of supply | — | — |
| Sale-to-just-value ALL HOMES COUNTY | — | 1.28× |
| Owner-occupied ALL HOMES COUNTY | — | 56.8% |
TIER HEALTH
Price-tier breakdown is published only for markets with 30+ active for-sale listings, so each tier's median clears the min-sample threshold (§2.2b · §7.4). This market reports at the summary level above.
TIME TO SELL · LISTING TO CLOSING
NEW63
days, listing → contract
31
days, contract → closing
91
days, listing → closing
Medians of 9 closed sales, Nov 2025 – Oct 2026. Days are counted from the listing date.
WHAT LISTING SITES CAN'T SEE PUBLIC RECORDS · RECORDED DEEDStax-roll figures cover all homes · appreciation is single-family homes
56.8%
Owner-occupied (homestead) COUNTY
1.28×
Sale-to-just-value ratio COUNTY
37.8%
Homes sold, 10-yr COUNTY
+2.2%
Appreciation YTD · $/SF COUNTY 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.
CONDO BUILDINGS IN PALM GROVE
Most active buildings by for-sale inventory · full building directory →
Monthly market report for Palm Grove → · Miami-Dade County market →
FREQUENTLY ASKED · PALM GROVE
How much do single-family homes cost in Palm Grove?
The median sale price in Palm Grove is $760K over the trailing 90 days, and the median list price is $1,099,000.
Is Palm Grove a buyer's or seller's market?
Palm Grove is currently a buyer's market. Its market pulse — pending sales divided by active listings — is 0.33; readings at or above 0.60 favor sellers and below 0.40 favor buyers.
How many single-family homes are for sale in Palm Grove?
There are 3 active for-sale listings of single-family homes in Palm Grove as of snapshot 2026-W45, updated weekly.
How long do single-family homes take to sell in Palm Grove?
Single-family homes in Palm Grove spend a median of 61 days on market.
What is the price per square foot in Palm Grove?
The median list price per square foot in Palm Grove is $536.
What share of Palm 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 Palm 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 Palm 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.
Every figure above appears elsewhere on this page · snapshot 2026-W45.