Momentum Housing Data · Home Values · Miami-Dade County
Buying here? See Groves at Old Cutler homes for sale and the Groves at Old Cutler community guide (Palmetto Bay), or all Old Cutler homes for sale.
GROVES AT OLD CUTLER (Palmetto Bay, FL): 3 recorded closings in the 12 months ending 2026-09-20, a 6-year price record, and the year-by-year record — every number from recorded MLS closings, none from an estimate model.
In the current window, sellers accepted a median 90.8% of original asking; the median sale took 67 days (window ending 2026-09-20).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $1,400,000 | $411 | 67 | 90.8% | 3 |
| 2025 | $1,545,000 | $462 | 62 | 94.1% | 3 |
| 2024 | $1,150,000 | $408 | 28 | 89.3% | 3 |
| 2020 | $675,000 | $241 | 240 | 94.1% | 5 |
| 2013 | $524,500 | $174 | 12 | 95.8% | 4 |
| 2012 | $517,000 | $152 | 55 | 92.3% | 5 |
Over the recorded series, GROVES AT OLD CUTLER’s median sold price moved from $517,000 (2012) to $1,400,000 (12 months ending 2026-09-20) — +171% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2012 at $517,000. Against the 2025 peak of $1,545,000, the current median stands at -9%. Annual sales volume here has ranged from 0 to 5 closings a year (10-yr average 2.2). With roughly 2.2 closings a year, GROVES AT OLD CUTLER’s medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure above.
At GROVES AT OLD CUTLER’s $1,400,000 median and Miami-Dade County’s adopted 17.59 mills (FY2025-26), a home assessed at that price carries roughly $24,630 a year in property tax before exemptions, or about $23,920 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Miami-Dade County tax page.
Current asking prices run a median $1,430,000 against the $1,400,000 recorded sold median (+2%) — the gap between what sellers hope and what the record shows. Demand check: 0% of GROVES AT OLD CUTLER’s listings are under contract, against 35% for ZIP 33157 and 18% for Miami-Dade County as a whole — the community is currently absorbing slower than its surroundings, which is negotiating information.
Asking and recorded sold prices are within a few percent of each other here, so the table above is close to what a GROVES AT OLD CUTLER buyer will actually pay; the spread on any single home comes down to size, condition and timing.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.
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Communities buyers shopping GROVES AT OLD CUTLER are also weighing (nearest by map distance), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.
| Community | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| CHARLOTTE ESTATES | $1,225,000 | $475 | 9 | 5 |
| OLD CUTLER SHORES | $997,500 | $355 | 60 | 4 |
| MARAL ESTATES | $950,000 | $452 | 149 | 3 |
| OLD CUTLER OAKS SOUTH | $1,287,500 | $463 | 70 | 4 |
More GROVES AT OLD CUTLER: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing
Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2026. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures
Content on this page is compiled from public records, MLS data, and automated data sources, and may contain errors or be out of date. It is provided for general information only and is not a representation about any specific property, community, builder, or association. Verify all information independently before relying on it.