Skip to main content

Q2 2026 The Grove Experts Report Coconut Grove Market Update

Page 1

THE G ROV E E X P E RT S R E P O RT Q2 2026

INDEPENDENT

•

LOCAL

•

INSIGHTFUL


COCONUT GROVE REAL ESTATE REPORT

INDEPENDENT

•

LOCAL

•

INSIGHTFUL

I

Q2 2026

S I N G L E - FA M I LY H O M E S

Demand for Coconut Grove real estate has accelerated as wealthy buyers increasingly view prime residential property as both a store of value and a strategic portfolio asset—offering

MEDIAN SOLD PRICE

diversification, a potential hedge against inflation,

-0.9%

and exposure to one of Miami’s most supplyconstrained luxury markets.

$2,800,000 $2,775,000

Our Coconut Grove Analytics Reports are built on independent, data-driven research. We approach the market without a predetermined narrative or bias toward any particular outcome—and without

CLOSED SALES

$2,750,000

+27%

$2,725,000

100

hype. Alba and I believe the most valuable market

50

intelligence comes from allowing the data, trends,

YOY

$2,700,000 $2,650,000 $2,600,000

Q2 2025

to provide the analysis and context necessary to

$2,750,000

$2,625,000

0

and charts to speak for themselves. Our role is

$2,775,000

$2,675,000 61

48

YOY

Q2 2026

$2,575,000

Q2 2025

Q2 2026

understand what the market is telling us. MARKET OVERVIEW

For your next acquisition or sale in Coconut Grove, call us.

# HOMES SOLD

Q2 2025

Q2 2026

YOY

48

61

+27%

97

72

-26%

Q2 2026 MARKET PULSE

MEDIAN SOLD PRICE

$2,775,000

$2,750,000

-0.90%

MEDIAN ASKING PRICE

$3.9M

$4.4M

+13%

YEAR OVER YEAR (Q2 2025 vs Q2 2026)

% OF CASH SALES

70%

69%

-1%

# HOMES FOR SALE AS OF JULY 1ST

MEDIAN SOLD PRICE - LAST 7 QUARTERS SINGLE-FAMILY HOMES

CONDOMINIUMS

61

$1.675M

CLOSED SALES

+27%

YOY

Q2 2025: 48 I Q2 2026 :61

“

MEDIAN SALE PRICE

+17%

YOY

Q2 2025: $1,430M I Q2 2026: $1,675M

TOWNHOUSES

30

CLOSED SALES

+20.0%

YOY

Q2 2025: 25 I Q2 2026: 30

The finest real estate decisions are not driven by emotion, but by insight, perspective, and data.

- G ROV E E X P E RT S

”


TOW N H O U S E S

CONDOMINIUMS - RESALE

MEDIAN SOLD PRICE

+17% +15%

55

48

Q2 2026

$1,600,000

CLOSED SALES

+20%

$1,430,000

50

$1,400,000 $1,300,000 $1,200,000

25

30

Q2 2025

Q2 2026

$1,100000

0

$1,100,000 Q2 2025

Q2 2026

$1,625,000 $1,550,000

$1,500,000 YOY

100

$1,300,000 $1,200,000

0 Q2 2025

$1,600,000

$1,400,000

YOY

$1,700,000

$1,675,000

$1,500,000 YOY

100 50

+5%

YOY

$1,700,000 CLOSED SALES

MEDIAN SOLD PRICE

$1,000,000 Q2 2025

Q2 2026

MARKET OVERVIEW MARKET OVERVIEW

Q2 2025

Q2 2026

YOY

# CONDOS SOLD

48

55

+17%

Q2 2025

Q2 2026

YOY

# CONDOS FOR SALE AS OF JULY 1ST

163

127

-22%

# TOWNHOUSES SOLD

25

30

+20%

MEDIAN SOLD PRICE

$1,550,000

$1,625,000

+5%

43%

50%

+2%

MEDIAN SOLD PRICE

$1,430,000

$1,675,000

+17%

MEDIAN ASKING PRICE

$1,119,000

$1,950,000

+61%

% OF CASH SALES

MARKET PERPECTIVE The Coconut Grove market continues to demonstrate resiliance and depth across all property types. Strong demand, constrained inventory, and sustained buyer confidence are supporting price appreciation and market activity.

COCONUT GROVE REMAINS ONE OF MIAMI’S MOST S U P P LY - C O N S T R A I N E D L U X U R Y M A R K E T S .


INDEPENDENT

•

LOCAL

•

INSIGHTFUL

1 5 Y E A R S O F R E S U LT S . RO OT E D I N C O C O N U T G ROV E , F O C U S E D O N YO U .

LOCAL EXPERTISE

P R O V E N R E S U LT S

MAXIMUN VALUE

TRUSTED ADVISORS

15 YEARS SPECIALIZING IN COCONUT GROVE REAL ESTATE

A TRACK RECORD OF SUCCESFULL SALES AND SARISFIED CLIENTS.

STRATEGIES DESIGNED TO MAXIMIZE YOUR HOME’S VALUE.

DEDICATED TO PROTECTING YOUR BEST INTERESTS.

L E T ’ S TA L K A B O U T YO U R N E X T M OV E . YOUR GROVE. OUR EXPERTISE.

GROVEGABLESEXPERTS.COM ALBA BIONDI | (305)323-2595 ISABELLE ANDREWS | (305)546-5421

Data Source: Miami REALTOR@ Multiple Listing Servcies (MLS). All data pertains to Coconut Grove Single-Family Homes and Townhouses I YoY = Year over Yea

©2026 BHH Affiliates, LLC. An independently operated subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, and a franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. Equal Housing Opportunity.


Turn static files into dynamic content formats.

Create a flipbook
Q2 2026 The Grove Experts Report Coconut Grove Market Update by Grove Experts Journal - Issuu