Thursday, September 23, 2010

AVERAGE PRICE PER SQUARE IN THE GROVE DROPS TO $283.00.


The median sales price for homes in Coconut Grove FL for Jun 10 to Aug 10 was $510,200. This represents an increase of 27.6%, or $110,200, compared to the prior quarter and an increase of 34.3% compared to the prior year. Sales prices have depreciated 22.5% over the last 5 years in Coconut Grove. The average listing price for Coconut Grove homes for sale on Trulia was $1,044,661 for the week ending Sep 15, which represents an increase of 0.9%, or $8,975, compared to the prior week and an increase of 1.9%, or $19,629, compared to the week ending Aug 25. Average price per square foot for Coconut Grove FL was $283, a decrease of 1.4% compared to the same period last year.

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