Realty Times - Coconut Grove, Florida Real Estate Market Conditions

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CONDITIONS™

By Local Real Estate Experts

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Florida > Coconut Grove

Market Conditions Summary for Coconut Grove, Florida

Reported by

Monica Botero
as of 12/13/2011:

For the first time in nearly three years, repeat buyers and investors have overtaken first-time buyers as sales leaders once again in the nation's housing market. As a result, prices of bank-owned REOs and properties involved in short sales are... MORE->
About Monica Botero

Reported by
Izzy Buholzer
as of 5/31/2010:

Most interested buyers in our market are investors and families upgrading in size and luxury. Properties below the Jumbo-mortgage mark of $417k are selling 2-3 times as fast. Visit or call for an update in your specific area or... MORE->

Average Current Market Rating: 2 (2 ratings)

1	2	3	4	5
Buyer's Market			Seller's Market

Average Current Price Trend: 2 (2 ratings)

1	2	3	4	5
Falling			Rising

Navigate: Top > Florida > Coconut Grove

Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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Mortgage Rates
30 Year Fixed: 3.87%
15 Year Fixed: 3.16%
1 Year Adj: 2.78%
(U.S. Weekly Averages)

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