Coconut Grove Real Estate Blog

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Real Estate Agent - EWM Realty, International - 3028618
A must-read Coconut Grove real estate resource providing market data, community information and the latest homes for sale.
The Coconut Grove gated community I get asked about most frequently is The Cloisters.  Being that it sits directly across from the popular Greenstreet and Lulu Cafe, it is one of the more visible gated communities in the Grove.  Everyone wants to know what is behind those majestic gates!  The Cl...
These days it seems that the media would rather talk about the rising home prices than the fact that the number of foreclosures is still double what they averaged between 2000 and 2006 (source: Wall Street Journal).  Here in Coconut Grove, we have never had the rash of foreclosures that other pa...
Delayed flights, power outages and city shutdowns are what most of the northeast is dealing with right now with the anticipation of Winter Storm Electra.  It is times like this that make us Coconut Grove residents very thankful to live in South Florida where the average December temperature is r...
Strada in the Grove is a new Italian bistro that has opened in Coconut Grove.  Located at 3176 Commodore Plaza in the downtown village, Strada is a fantastic dining option for Grove residents.  It is an imtimate dining experience where you feel just as comfortable sitting at the bar for a glass ...
Ye Little Wood is an enclave of 31 homes situated along a winding road with towering oak trees and lush foliage.  It is one of the most secluded and private gated communities in Coconut Grove.  Homes in Ye Little Wood are in very high demand and when they hit the market they garner a lot of inte...
We were recently honored to be included in best-selling author Matthew Martinez's new book " How To Make Money In Real Estate In The New Economy" describing how investors, real estate agents and other insiders are adapting in today's real estate environment. "Riley Smith of EWM is a residential r...
Shawn Marion is a former Miami Heat basketball player and currently plays for the Dallas Mavericks.  Last week his villa located in the gated community of The Cloisters came on the market priced at $2,000,000.   The home features 6 bedrooms, 8 baths and is one of the newer completed units.   It ...
The home located at 4150 La Playa Boulevard closed this week for a sales price of $2,025,000 or $386.00 per square foot.  The home had great finishes and was located on a beautiful lot.   This home is one example of why you can't always use the "average price per square foot" of an area to deter...
Here are some interesting stats and figures on the condo market in Coconut Grove: There are approximately 310 condos on the market right now in Coconut Grove.  Of these, 183 are priced below $500,000. There have been approximately 201 condos sold this year in Coconut Grove.  Of these, 138 sold f...
The area in Coral Gables that is located west of US1 is much larger than the area east of US1 so it is not surprising that there are more home sales in the west.  So far this year there have been 212 homes to sell west of US1 and only 125 to sell east of US1.   The average list price of a home w...

Riley Smith

Coconut Grove Specialist
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