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Coconut Grove real estate for sale

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TypePriceBeds / Baths
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Neutral MarketPast 30 days, demand equal to supply.
  13% of inventory sold for an average of 32.8% above Assessed Value or $1.51M (past 30 days).
MARKET   
Absorbtion% of inventory sold in the past 30 days
 13%    
SupplyIf no new listings
 7.5 mo    
VolumeDollar of sales in the past 30 days
 $2.61M    
VelocityCommission projected in the next 30 days
 $143K    
FINANCIAL   
P/A RatioProperty sold for 32.8% above assessed value in the past 90 days
 32.8    
Askingaverage asking price
 $1.48M    
Sale (MV)Predicted average sale price (Market Value)
 $1.51M    
Assessedaverage County tax assessed value
 $1.14M    
INVENTORY   
For SaleProperties for sale including escrows
 15    
ActiveProperties for sale excluding escrows
 5    
EscrowProperties with accepted offers
 10    
NewNew properties in the past 30 days
 3    
SoldProperties sold in the past 30 days
 2    
Harcourts Island Real Estate

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Real Estate
AskingAverage asking price
1.48M
SoldAverage sales price
1.3M
AssessedAverage County assessed value
981K
P/AAverage sales price ÷ average assessed value
32.8%
DaysAverage days on market
15
$/sfAverage asking price divided by average square feet
721
$/acThe average asking price divided by average acres
10.1M
BuiltAverage year built
1956