Coconut Grove Real Estate Market Report — November 2026
Monthly Market Report · November 15, 2026
Market Summary
As of November 15, 2026, Coconut Grove has 290 active listings at a median list price of $2.3M ($1,111 per sqft). 589 homes closed in the past 12 months at a median sold price of $1.7M, implying 5.9 months of supply. Homes here sell for about 94.1% of list price.
Homes sold for a median 91.9% of their original asking price (95.1% of the final list price), went under contract in a median 66 days and closed in 97. 63% of buyers paid cash, 36% financed and 1% did not disclose.
Based on MLS closed sales. Data current as of November 15, 2026.
How fast homes sell
Homes here sold for a median 91.9% of their original asking price (95.1% of the final list price), went under contract in a median 66 days and closed in 97.
66 days
median, listing → contract
41 days
median, contract → closing
97 days
median, listing → closing
% of original ask91.9%
% of final list price95.1%
88% of homes (78 of 89) sold below their original asking price. Based on 89 closed sales, Nov 2025 – Oct 2026. Days are counted from the listing date.
How buyers paid
Of the 88 buyers whose financing was recorded, 64% paid cash. Across all 89 sales of homes: 63% cash, 36% financed and 1% not disclosed.
Cash62.9%56 sales
Financed (mortgage or other loan)36.0%32 sales
Not disclosed1.1%1 sales
64%
cash share of disclosed sales
99%
of sales reported how the buyer paid
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. From the MLS financing field on 89 closed sales, Nov 2025 – Oct 2026.
For Sale in Coconut Grove
289 homes & condos currently for sale · $275,000 – $40,000,000.
Coconut GroveFor Sale289 for sale · $275,000 – $40,000,000
We track every closed sale in Coconut Grove — 589 in the last twelve months. Get the new ones, with prices and price per square foot, on the first of each month.
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Balanced Market5.9 months of supply
Supply and demand are roughly in balance.
Trades at a 115% premium to the Miami average ($1,111 vs $517 per sqft, above market).
MiamiRE (Miami Association of Realtors) MLS — listings and closed sales.
Geography
every MLS listing whose coordinates fall inside the Coconut Grove polygon (point-in-polygon, not a name match).
Property types
MLS PropertyType = Residential: condominiums, single-family homes, townhouses and villas. Land, commercial and duplex–quadplex are excluded, as are rentals.
As of
November 15, 2026. This page is a dated snapshot, rebuilt nightly from a live query taken at build time. Inventory counts MLS status Active only — listings under contract (Pending, Active Under Contract) and Coming Soon are not counted as for sale.
Reporting windows
Active listings, median list price and median $/SF are as of the date above. The closed-sale figures — median sold price, the sales count and the year-over-year change — cover a rolling 365 days, November 15, 2025 – November 14, 2026, n=589 closed sales. Year-over-year compares that window with the 365 days before it, and is suppressed unless both sides have at least 5 sales. Months of supply is active listings ÷ (those closed sales ÷ 12). The sale-timing panel states its own window and sample size.
