Grovenor Condo 2nd Quarter Market Analysis
After a very quiet first quarter 2014, this “Grand Dame Building” made a huge comeback during the second quarter, with the highest sale of the quarter. Three units sold this quarter compared with only one during the first quarter. Two sales were cash transactions, and one was financed.
Total $ volume sold: $8,482,500.
Highest price paid: Unit #2101, 4 bedrooms, 6.5 bathrooms sold for $3,362,500.
Lowest price paid: Unit #1204, 3 bedrooms, 3.5 bathrooms sold for $2,070,000.
Inventory as of mid-July: 11 units.
Asking Price Range: $850,000 to $8,900,000.
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We Believe Coconut Grove is Extraordinary. Our purpose is to introduce Coconut Grove to the world as the ultimate neighborhood for people in search of beauty, tropical elegance, and a high quality of life. The pursuit of our client’s happiness and satisfaction is at the heart of our team’s culture. Call us to sell or buy a home in Coconut Grove.
Isabelle Andrews 305-546-5421 and Alba Biondi 305-323-2595
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