Coconut Grove, Miami — Condo closings fell to 61 in the 3rd Quarter of 2026 which is the lowest of the year while pricing climbed to its highest level.
Fewer buyers closed in the 3rd Quarter, but the ones who did paid more, with the median sold price rising every quarter this year.
In this video I break down exactly what happened in the Coconut Grove condo market in the 3rd Quarter of 2026:
Month by month, Year to Date (1st Quarter vs 2nd Quarter vs 3rd Quarter), and what it all means for buyers and sellers right now.
And here are the numbers...
đź“Š Total Closings:
3rd Quarter 2026 = 61
đź“Š Price Per Square Foot:
3rd Quarter 2026 = $994
đź“Š Median Sold Price:
3rd Quarter 2026 = $1,750,000
đź“Š Months of Supply:
3rd Quarter 2026 = 8
🏆 Top Sale of the Quarter:
$16.15 Million — a Penthouse, Combo Unit at the newly built in 2024 Mr. C Residences, over 6,700 square feet with a wraparound deep balcony, at $2,443 per square foot. Strong number!
đź“Ť Born and raised in Miami, with 20 years of experience, I specialize in a select few neighborhoods and share real numbers and real data with you.
âť“ Questions about buying or selling in Coconut Grove? Reach out directly. I am always happy to help.
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