Kalama Tract / Coconut Grove Condos Median Sales Price
Notes
Over the past 3 years, an average of 3 fee simple condos sold per year in Kalama Tract / Coconut Grove. With so few sales, this graph may not fully reflect market trends.
The Kalama Tract / Coconut Grove graphs use median data points instead of averages, as the median is less affected by extreme outliers and better reflects typical trends.
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We exclude Leasehold data from this market analysis because Leasehold properties do not compare with regular Fee Simple properties.
We use median instead of the average because it depicts more accurately a central tendency to the sample size. Example: Take 5 numbers - 3, 5, 7, 9, 21. The median is 7 (the middle number) and the average is 9 (sum of all divided by 5).
We count days on market from listing date through closing date.
