Coconut Grove condo market report — May 2026

May 2026 in Coconut Grove

29 condos came to market in Coconut Grove during May 2026.

Closed sales

19 condo sales closed in May 2026 at a median price of $775,000 ($822 per square foot), after a median 42 days on market.

That compares with 22 closings in April 2026, when the median closed price per square foot was $840.

The trailing year

Over the 9 months ending May 2026, Coconut Grove recorded 186 condo closings — an average of 21 a month — with the busiest month being March 2026 at 28 sales.

Monthly median closed prices ranged from $719 to $1,312 per square foot over that span.

Buildings with the most closings in May 2026

• Waters Edge — 2 closings at a median $455,000 ($440/sq ft)
• Grove Isle — 2 closings at a median $1,775,000 ($943/sq ft)
• The Tower — 2 closings at a median $2,231,500 ($1,203/sq ft)
• The Mutiny — 2 closings at a median $540,250 ($778/sq ft)
• Two Park Grove — 2 closings at a median $5,645,000 ($2,202/sq ft)

Where to look next

Browse every condo for sale in Coconut Grove, set up a price-drop alert, or compare buildings side by side. All figures are Own Miami calculations from MIAMI REALTORS® MLS data.