Coconut Grove, Miami — The top sale of the 3rd Quarter of 2026 was a $22.5 Million Home, and the most interesting thing to note is that it is a non-waterfront home! Is this a sign of things to come???
Coconut Grove is one of Miami's most desired neighborhoods and this sale of a non-waterfront home for over $20-Million proves that when you have the right mix of location, lot size and home size and of course... NEW CONSTRUCTION! Buyers will pay a premium.
In this video I break down exactly what happened in the Coconut Grove homes 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 = 51.
đź“Š Closed Sales:
Non-Waterfront Homes = 49.
Waterfront Homes = 2.
đź“Š Price Per Square Foot:
Non-Waterfront = $1,149.
Waterfront = $1,614.
đź“Š Median Sold Price:
Non-Waterfront = $2,850,000.
Waterfront = $7,325,000.
đź“Š Months of Supply:
Non-Waterfront = 4.
Waterfront = 10.
🏆 Top Sale of the Quarter:
$22.5 Million — a non-waterfront home built in 2024, almost 9,000 square feet on a 36,000 square foot lot, at $2,547 per square foot. This is a BIG number!
đź“Ť 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.
âť“ Questions about buying or selling in Coconut Grove? Reach out directly. I am always happy to help.
#CoconutGrove #MiamiHomes #CoconutGroveRealEstate #CoconutGroveHomes #MiamiRealtor #MiamiRealEstateMarket #MiamiLuxuryHomes #3rdQuarter2026 #MiamiRealEstate #CoconutGroveMiami