GROVES EXTENSION in Miami

GROVES EXTENSION
Homes for Sale in Miami, FL

Community in Miami · Miami-Dade County · ZIP 33143
Median sale $3.50M
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Built fromLive miami data14 years of closingsUpdated twice daily
Live · GROVES EXTENSION Housing Pulse miami + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$3.50M
Median sold · 12 mo
$949/sf
Sold $/sqft · 12 mo
peak $949 in 2026
96.7%
Sale vs ask
Tempo
43days
Median DOM · closed
43 days at the 2026 low
4
Sold · last 12 mo
10-yr average: about 3 a year
Ownership and context
25%
Cash buyers · GROVES EXTENSION
1 of 4 sales, 12 mo ending July 2026
Track record · 14 years of records
3,820sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Groves Extension is a small, high-dollar corner of Miami-Dade, and the numbers reflect a thin sample rather than a deep, liquid market. With only four closings in this window, a median price of $3,500,000 and a median price per square foot of $948.52 tell you what recent buyers paid, not a stable pricing curve you can extrapolate from with confidence. Every deal here is closer to a one-off negotiation than a data point on a trend line.

A median of 43 days on market is moderate for this price tier, not slow, and it signals that well-presented properties still move at a normal pace even without a large pool of comparable sales. For sellers, that means pricing has to be anchored to the specific home and its condition rather than a neighborhood average. For buyers, it means there is room to negotiate, but you need a realistic read on what the last few closings actually looked like before you anchor an offer.

The 60-Second Overview

GROVES EXTENSION market snapshot (as of July 20, 2026): the median sale price is about $3.50M ($949 per sq ft over the trailing 12 months of closed sales), and a median 43 days on market for closed sales.

Groves Extension sits at the upper end of the Miami-Dade market, with pricing driven almost entirely by individual property size, land, and condition rather than a broad, consistent inventory.

Best for

  • Buyers targeting a specific high-value property and comfortable evaluating it on its own merits rather than by neighborhood comparables
  • Buyers with flexibility on timeline who can wait for the right listing given the limited number of closings
  • Sellers with a distinct, well-maintained property who want pricing built from close review of the few relevant comps rather than a broad average

Probably not for

  • Buyers who want a large, active inventory to compare multiple similar homes against each other
  • Buyers seeking a community with established shared amenities, since none are identified in current MLS listings
  • Anyone expecting a tight, predictable price-per-square-foot band based on a large transaction history

Windows contain 0 to 8 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$0$1M$2M$3M20122014201620182020202220242026
Every sale since 2012 · price vs size
$0$2M$4M2k4k6k
38 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$250$500$750$1K20122014201620182020202220242026
Up from $217 in 2012 to a $949 peak in 2026; $949 now.
Median days on market · closed sales
507510020122014201620182020202220242026
43 days at the 2026 low; 43 now.
Sale price vs original ask · median
80%90%100%20122014201620182020202220242026
96.7% now.
Homes sold per 12-mo window
025820122014201620182020202220242026
0 to 8 a year; 4 in the current window.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Miami-Dade County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$3,099/mo
Miami-Dade County typical true cost to own
$158/mo
Miami-Dade County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

How much local inventory is already under contract

21% of homes for sale in ZIP 33143 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-08-18).

GROVES EXTENSION Market Scorecard

Balanced

GROVES EXTENSION is currently a balanced market., and homes go under contract in about 33 days.

$3,500,000
Median sold
$1028
List $/sqft
33
Days on mkt
1/0/0
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: miami, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Homes For Sale Right Now in GROVES EXTENSION

Live MLS inventory for GROVES EXTENSION. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending GROVES EXTENSION listings as of 2026-08-17, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2026. Tap any home to ask about it.

If we were buying in GROVES EXTENSION today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in GROVES EXTENSION.

Best Buy
Buyers focused on a specific high-value property rather than a packaged community with shared amenities.
Biggest Risk
With only four closings in this window, pricing benchmarks are fragile and easily skewed by a single sale.
Sweet Spot
Buyers and sellers who treat the median price and per-square-foot figures as a starting reference, then validate against the specific comps.
Avoid If
You need amenity-driven comparables or a large, active resale pool to benchmark against.

A market of few data points, high stakes

Four closings is not enough to establish a reliable trend, and that is the honest starting point for anyone pricing a home here. The median price per square foot of $948.52 gives a sense of where value has landed recently, but with so few transactions, one unusually large or unusually finished home can swing that number meaningfully. Treat it as a reference point, not a formula.

No community amenities are identified in current MLS listings, which means the appeal here is coming from the homes and lots themselves rather than shared recreational infrastructure. Buyers should evaluate each property on its own merits, land size, construction quality, and setting, since there is no clubhouse or amenity package to compare across the board. Sellers should lean on what makes their specific property distinct rather than pointing to a neighborhood-wide feature set.

The location and the amenities are priced into every listing in GROVES EXTENSION. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a market this thin, the difference between a good outcome and a mediocre one comes down to knowing exactly what the last few closings actually involved, not just what the median says. We pull the underlying comps line by line, so pricing conversations are grounded in specifics rather than a headline number that four sales can distort.

GROVES EXTENSION in 15 seconds.

Best forBuyers focused on a specific high-value property rather than a packaged community with shared amenities.
Biggest advantageA 43-day median suggests properly positioned homes still transact at a reasonable pace despite limited volume.
Biggest riskWith only four closings in this window, pricing benchmarks are fragile and easily skewed by a single sale.
Sweet spotBuyers and sellers who treat the median price and per-square-foot figures as a starting reference, then validate against the specific comps.
Avoid ifYou need amenity-driven comparables or a large, active resale pool to benchmark against.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed GROVES EXTENSION sales matched to your home.

What is your GROVES EXTENSION home worth?

Get a no-obligation home value based on real comparable sales in GROVES EXTENSION, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in GROVES EXTENSION on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in GROVES EXTENSION?
The median sale price in GROVES EXTENSION was $3.50M over the 12 months ending July 20, 2026 (4 closed sales, miami).
How long do homes in GROVES EXTENSION take to sell?
Homes that closed in the 12 months ending July 20, 2026 took a median 43 days on market (4 sales, miami).
Do cash buyers compete in GROVES EXTENSION?
Cash buyers took 25% of GROVES EXTENSION sales in the 12 months ending July 2026 (1 of 4 closings, miami).
Who is the best real estate agent for GROVES EXTENSION?
The best agent for GROVES EXTENSION is one who actively works Miami and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for GROVES EXTENSION.
How do I find a top Miami real estate agent who knows GROVES EXTENSION?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows GROVES EXTENSION and the wider Miami area.
Can Momentum Realty connect me with an agent for GROVES EXTENSION?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your GROVES EXTENSION purchase or sale - no call center and no pressure.
Buyers targeting a specific high-value property and comfortable evaluating it on its own merits rather than by neighborhood comparablesExcellent fit
Buyers with flexibility on timeline who can wait for the right listing given the limited number of closingsExcellent fit
Sellers with a distinct, well-maintained property who want pricing built from close review of the few relevant comps rather than a broad averageExcellent fit
Buyers who want a large, active inventory to compare multiple similar homes against each otherProbably not
Buyers seeking a community with established shared amenities, since none are identified in current MLS listingsProbably not
Anyone expecting a tight, predictable price-per-square-foot band based on a large transaction historyProbably not

Data sources & freshness

Community market statsmiami closed sales, 12-month windows ending July 20, 2026
Under-contract sharesmiami records, as of 2026-07-18
Historical depthClosed-sale records back to 2012 (38 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of miami records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the miami member average and 8 days faster, and we’ll price yours against live your area comps.

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CallFree valuation →
Thinking of selling in GROVES EXTENSION? 4 recorded closings; median 43 days on market (window ending 2026-07-20). See the Miami-Dade County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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