Dear Grovites,
Coconut Grove is currently experiencing an unprecedented level of real estate transformation. With high-profile figures like Larry Page and Ken Griffin establishing roots here, the neighborhood’s appeal among ultra-high-net-worth buyers has reached new heights. This influx is not just changing the landscape; it is redefining the standards of luxury within the Coconut Grove market.
While the number of homes sold remains consistent compared to the same quarter last year, the median sold price has surged by nearly $500,000. This growth is occurring alongside a significant shift in supply and available inventory is approximately half what it was six years ago, creating a highly competitive environment for buyers and sellers alike.
In contrast, the condominium inventory is expanding, driven largely by the completion of several new developments now entering the market.
With over 15 years of in-depth market tracking in Coconut Grove, we understand that these numbers represent more than just data; they represent your home and investment. We provide the precise, data-driven guidance you need to navigate pricing, timing, and positioning with confidence. In a market defined by scarcity and rising prices, strategic representation matters. If you are considering selling, contact us to discuss how our local expertise and market intelligence can help you achieve the strongest possible outcome.
Best regards,
Isabelle &Alba
HOME MEDIAN SOLD PRICE EXCEEDED THE $3M MARK
Q4 COCONUT GROVE HOME SALES THROUGHOUT THE YEARS
Q4 2025 NUMBER OF HOMES SOLD VERSUS FOR SALE PER PRICE POINTS
of inventory. Seller’s Market.
Q4 2025 SINGLE-FAMILY HOME MARKET FACTS
• A landmark $101,500,000 sale took place at 3585 Anchorage Way in South Coconut Grove. Built in 2008, this exceptional estate offers 11,855 sq. ft. of living space situated on an expansive 178,150 sq. ft. lot. The property closed at $8,562 per sq. ft. in an all-cash transaction.
• $650,000 was the lowest sale. The home is located at 3759 Florida Ave. It was built in 1932 and offers 1,082 Sq. Ft. of living space on a 4,500 Sq. Ft. lot. The sold price was $601 per sq. ft., and the sale was a cash transaction.
*Transactions registered in the MLS
PARK GROVE AND MR. C CONDOS REPRESENT 43% OF ALL TRANSACTIONS
• $14,000,000 was the highest sale. This 5-bedroom, 5-bathroom, and 2 ½-bath condo is located in Two Park Grove. It was built in 2018 and offers 6,476 sq. ft. of living space. The property was sold for $2,162 per sq. ft., and the sale was a financed transaction.
• $204,000 was the lowest sale. The 1-bedroom, and 1-bathroom condo is located at 3651 Thomas Ave. It was built in 1953 and offers 467 Sq. ft. of living space. The sold price was $437 per sq. ft., and the sale was a cash transaction.
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