Updated · Julian Acosta, Compass

Coconut Grove · micromarket · 12 months · data as of October 19, 2026

Center Grove Market Report

Closed sales from October 1, 2025 to September 30, 2026 · MIAMI REALTORS® MLS data as of October 19, 2026 · reviewed by Julian Acosta · next report January 2027

Median sale price · single-family · 12 months

$1,900,0008 sales

The median sale price of a condominium in Center Grove, Coconut Grove (the typical price: half sold for more and half for less), was $862,500 in the twelve months to September 30, 2026, on 104 closed sales, 6.0% less than in the twelve months before, and that of a townhouse $1,325,000, on 35 sales, 13.1% less, according to MIAMI REALTORS® MLS records analyzed by Julian Acosta with data as of October 19, 2026.

Where Center Grove Is

Center Grove is the village of Coconut Grove, between US-1 and the bay, from SW 27th Avenue to McDonald Street and Margaret Street. Inside it are CocoWalk on Grand Avenue, Commodore Plaza, the Coconut Grove Library, Kenneth Myers Park, Peacock Park and The Barnacle Historic State Park, on Main Highway. It is mostly condominiums: about 2,900 units against some 160 houses. The median unit was built in 2000. (Miami-Dade County Property Appraiser, 2026 record, read October 25, 2026.)

Key takeaways

  • Condominiums in Center Grove, Coconut Grove, sold at a median of $862,500 in the 12 months to September 2026, on 104 sales, 6.0% less than in the 12 months before. See the full reading
  • A condominium in a waterfront building in Center Grove sold at a median of $1,875,000, on 25 sales; off the water, at $692,000, on 79. See the full reading
  • Townhouses in Center Grove sold at a median of $1,325,000, on 35 sales, 13.1% less than in the 12 months before. See the full reading

Where the Center Grove market is heading

  • Center Grove is a market of condominiums and townhouses: in the 12 months, 104 condominiums and 35 townhouses sold there, and 8 houses.
  • Townhouses sold 35 against 49 a year earlier, and their median fell 13.1%, to $1,325,000.
  • In waterfront buildings the condominium median rose 14.5%, on 25 sales against 36; off the water it fell 5.3%.

These are the figures to date, not a forecast.

If you're selling in Center Grove

  • How long it takes: a Center Grove condominium took a median of 75.5 days to sell in the 12 months to September 2026, about 11 weeks; a townhouse, 50 days, about 7 weeks.
  • How close to the asking price: the typical Center Grove condominium closed at 93.9% of its last list price in the 12 months to September 2026; 7 of the 104 closed at or above it.
  • If you own a townhouse: the typical Center Grove townhouse closed at 95.7% of its last list price; 5 of the 35 closed at or above it.
  • The water: the 25 condominiums in waterfront buildings sold at a median of $1,875,000.

If you're buying in Center Grove

  • Where the price is: condominiums at $1,350,000 in Grove Center, on 73 sales, and $610,000 in Bird Grove East, on 31.
  • Off the water: 79 condominiums off the water sold at a median of $692,000.
  • Townhouses: 35 sales at a median of $1,325,000, all in Bird Grove East.
  • Houses: 8 houses closed, all in Bird Grove East, at a median of $1,900,000.

Center Grove in figures

Data as of October 19, 2026

Center Grove Single-Family Home Prices

8 sales · 12 months to September 2026

Median sale price · single-family

$1,900,000

A year earlier: 7 sales at $1,725,000

What this means

If you own a house in Center Grove, this is your yardstick: half of the 8 houses sold there in the 12 months to September 30, 2026 closed above $1,900,000 and half below, against $2,850,000 across Coconut Grove (MIAMI REALTORS® MLS).

12 months · 8 sales · MIAMI REALTORS® MLS

Closed sales

8

A year earlier: 7

What this means

8 houses sold in Center Grove in the 12 months to September 30, 2026, about one a month, against 7 the 12 months before (MIAMI REALTORS® MLS).

12 months · 8 sales · MIAMI REALTORS® MLS

Median price per sq ft · single-family

$906

A year earlier: $916

What this means

To compare homes of different sizes, look at the price per square foot: a house in Center Grove sold for a median $906 in the 12 months to September 30, 2026, so 2,000 Sq.Ft at that rate comes to about $1,810,000 (MIAMI REALTORS® MLS).

12 months · 8 sales · MIAMI REALTORS® MLS

Median days on market · single-family

27.5 days

A year earlier: 47 days

What this means

If you sell a house in Center Grove, plan for about 4 weeks: the typical one took 27.5 days to sell in the 12 months to September 30, 2026 (MIAMI REALTORS® MLS).

12 months · 8 sales · MIAMI REALTORS® MLS

Center Grove Condo Prices

104 sales · 12 months to September 2026

Median sale price · condominiums

$862,500

A year earlier: $917,500 · ▼ 6.0%

What this means

If you own a condominium in Center Grove, this is your yardstick: half of the 104 condominiums sold there in the 12 months to September 30, 2026 closed above $862,500 and half below, against $1,471,095 across Coconut Grove (MIAMI REALTORS® MLS).

12 months · 104 sales · MIAMI REALTORS® MLS

Closed sales

104

A year earlier: 96

What this means

104 condominiums sold in Center Grove in the 12 months to September 30, 2026, about 9 a month, against 96 the 12 months before (MIAMI REALTORS® MLS).

12 months · 104 sales · MIAMI REALTORS® MLS

Median price per sq ft · condominiums

$867

A year earlier: $874 · ▼ 0.8%

What this means

To compare homes of different sizes, look at the price per square foot: a condominium in Center Grove sold for a median $867 in the 12 months to September 30, 2026, so 1,000 Sq.Ft at that rate comes to about $870,000 (MIAMI REALTORS® MLS).

12 months · 104 sales · MIAMI REALTORS® MLS

Median days on market · condominiums

75.5 days

A year earlier: 49 days

What this means

If you sell a condominium in Center Grove, plan for about 11 weeks: the typical one took 75.5 days to sell in the 12 months to September 30, 2026 (MIAMI REALTORS® MLS).

12 months · 104 sales · MIAMI REALTORS® MLS

Center Grove Townhouse Prices

35 sales · 12 months to September 2026

Median sale price · townhouses

$1,325,000

A year earlier: $1,525,000 · ▼ 13.1%

What this means

If you own a townhouse in Center Grove, this is your yardstick: half of the 35 townhouses sold there in the 12 months to September 30, 2026 closed above $1,325,000 and half below, against $1,550,000 across Coconut Grove (MIAMI REALTORS® MLS).

12 months · 35 sales · MIAMI REALTORS® MLS

Closed sales

35

A year earlier: 49

What this means

35 townhouses sold in Center Grove in the 12 months to September 30, 2026, about 3 a month, against 49 the 12 months before (MIAMI REALTORS® MLS).

12 months · 35 sales · MIAMI REALTORS® MLS

Median price per sq ft · townhouses

$773

A year earlier: $689 · ▲ 12.2%

What this means

To compare homes of different sizes, look at the price per square foot: a townhouse in Center Grove sold for a median $773 in the 12 months to September 30, 2026, so 2,000 Sq.Ft at that rate comes to about $1,550,000 (MIAMI REALTORS® MLS).

12 months · 35 sales · MIAMI REALTORS® MLS

Median days on market · townhouses

50 days

A year earlier: 48 days

What this means

If you sell a townhouse in Center Grove, plan for about 7 weeks: the typical one took 50 days to sell in the 12 months to September 30, 2026 (MIAMI REALTORS® MLS).

12 months · 35 sales · MIAMI REALTORS® MLS

On the water and off it in Center Grove

12 months

Houses off the water

$1,900,000

8 sales

The listing's MLS mark

Condos in a waterfront building

$1,875,000

25 sales

Its building's mark

Condos off the water

$692,000

79 sales

Its building's mark

Townhouses: 35 townhouses closed in Center Grove in these twelve months, all in Bird Grove East, at a median of $1,325,000. The MLS files some side-by-side townhomes, two-unit condominiums, as condominiums; this report counts each sale as the MLS files it.

Center Grove Home Prices by Neighborhood

Center Grove's neighborhoods as the City of Miami draws them, each with its house sales in the twelve months to September 30, 2026; a neighborhood has its row from five sales.

Houses · each number is a neighborhood of the table.Center Grove$1,900,000
Houses · each number is a neighborhood of the table. Outlines: Miami-Dade County GIS, read on October 25, 2026.
Houses, 12 months to September 30, 2026 · MIAMI REALTORS® MLS, data as of October 19, 2026 · a median from five sales · neighborhoods by the City of Miami's outlines.
NeighborhoodSalesMedian priceDays (median)
Bird Grove East8$1,900,00027.5
COMPARABLE MARKET ANALYSIS · FREE · NO ACCOUNT

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An estimate by Julian Acosta from MLS closed sales and the Miami-Dade County record; not an appraisal. How it works →

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Center Grove versus the other areas of Coconut Grove

12 months to September 30, 2026 · MIAMI REALTORS® MLS, data as of October 19, 2026.
AreaHouses: median priceHouses: salesHouses: days (median)Condos: median price
Center Grove$1,900,000827.5$862,500
North Grove →$2,957,5007469.5$2,000,000
West Grove →$1,109,0002634$840,000
South Grove →$3,500,0007044—
Coconut Grove, all its areas →$2,850,00017845$1,471,095

How each figure is measured →