Coconut Grove, Miami — More closings, faster sales and higher prices in the 2nd Quarter of 2026. The data tells the full story.
In this video I break down exactly what happened in the Coconut Grove Condo Market in the 2nd Quarter 2026:
Month by month, the 1st Quarter vs 2nd Quarter, and what it all means for buyers and sellers right now.
And here are the numbers...
📊 Total Closings:
1st Quarter 2026 = 83
2nd Quarter 2026 = 94
That is up 13% — consistent and growing demand for Coconut Grove Condos.
📊 Days on Market:
1st Quarter 2026 = 71 Days
2nd Quarter 2026 = 64 Days. Selling faster.
Coconut Grove condos are finding buyers more quickly. A sign of a market with real momentum.
📊 Months of Supply:
1st Quarter 2026 = 6 Months
2nd Quarter 2026 = 6 Months
Supply held perfectly steady despite active listings growing from 156 to 178. Demand absorbed every new unit that came to market without the supply balance shifting at all.
📊 Price Per Square Foot:
1st Quarter 2026 = $840
2nd Quarter 2026 = $855. That is up slightly.
📊 Median Sold Price:
1st Quarter 2026 = $1,375,000
2nd Quarter 2026 = $1,587,500. That is up 15%.
🏆 Top Sale of the Quarter:
$16,700,000 — One Park Grove — 4 Bedroom Combo-Unit, almost 5,000 Square Feet and at $3,500 per Square Foot. One Park Grove is one of the most exclusive and sought after buildings in all of Coconut Grove. When you combine two units in a top building to create something genuinely rare in size and quality — the market rewards you. This sale proves it.
More closings, faster sales, higher price per square foot, and a higher median sold price — all four key metrics moving in the same direction in the same quarter. That combination happens in a neighborhood where buyers want to be — and are willing to pay to get there.
📍 I cover Coconut Grove and a few other Miami neighborhoods I specialize in with real data, real numbers, and 20 years of experience behind every stat I share. If you want to stay ahead of what is happening in this market — Subscribe.
❓ Questions about buying or selling a Coconut Grove condo? Drop them in the comments or reach out directly. I am always happy to help.
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