Coconut Grove condo market report — Aug 2026

August 2026 in Coconut Grove

Coconut Grove ended August 2026 with 145 active condo listings, 34 of them new to market during the month. The median asking price was $1,900,000 ($1,336 per square foot).

Closed sales

13 condo sales closed in August 2026 at a median price of $1,690,000 ($865 per square foot), after a median 54 days on market.

That compares with 17 closings in July 2026, when the median closed price per square foot was $1,154.

The trailing year

Over the 12 months ending August 2026, Coconut Grove recorded 186 condo closings — an average of 16 a month — with the busiest month being March 2026 at 20 sales.

Monthly median closed prices ranged from $865 to $1,498 per square foot over that span.

Buildings with the most closings in August 2026

• Grove Isle — 3 closings at a median $2,150,000 ($1,142/sq ft)
• The Tower — 2 closings at a median $2,595,000 ($1,369/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.