Coconut Grove

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Coconut Grove was home to Miami’s Bohemian community in the sixties. Many artists made their home in the “Grove”. Coconut Grove has a world famous art festival every February. The Grove has always been known for its’ laid back attitude but don’t let that fool you, this is also one of Miami’s Affluent areas. Bayshore Drive is currently going through a growth spurt with new multimillion Condos, there are plans for more dining and shopping along the shore and the popular Cocowalk is undergoing a complete renovation. The area is a dining and entertainment destination.

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Active Properties Statistics

Properties On Market

Single Family: 12224
High Rise (8 or more): 1048
Low Rise (1-3 Floors): 3783
ManufacturedHouse: 684
Mid Rise (4-7 Floors): 1022
Townhouse: 537
Villa Attached: 856
Villa Detached: 50

Avg. Asking Price

Single Family: $1,122,278
High Rise (8 or more): $1,704,447
Low Rise (1-3 Floors): $463,888
ManufacturedHouse: $235,970
Mid Rise (4-7 Floors): $963,013
Townhouse: $355,359
Villa Attached: $477,909
Villa Detached: $988,848

Avg. Beds & baths

Single Family: 3/3
High Rise (8 or more): 2/2
Low Rise (1-3 Floors): 2/2
ManufacturedHouse: 2/2
Mid Rise (4-7 Floors): 2/2
Townhouse: 3/2
Villa Attached: 2/2
Villa Detached: 3/2

Avg. Asking Price Per Sqft

Single Family: $1134
High Rise (8 or more): $726
Low Rise (1-3 Floors): $310
ManufacturedHouse: $1093
Mid Rise (4-7 Floors): $493
Townhouse: $217
Villa Attached: $289
Villa Detached: $419

Sold Properties

Average Asking Price

ManufacturedHouse: $191,964
Low Rise (1-3 Floors): $437,549
High Rise (8 or more): $1,902,042
Mid Rise (4-7 Floors): $650,854
Villa Attached: $524,191
Single Family: $851,725
Townhouse: $340,111
Villa Detached: $1,121,420

Average Selling Price

ManufacturedHouse: $179,158
Low Rise (1-3 Floors): $411,497
High Rise (8 or more): $1,773,127
Mid Rise (4-7 Floors): $611,441
Villa Attached: $500,578
Single Family: $803,022
Townhouse: $324,063
Villa Detached: $1,052,067

Selling vs Asking Price

ManufacturedHouse: -6.67%
Low Rise (1-3 Floors): -5.95%
High Rise (8 or more): -6.78%
Mid Rise (4-7 Floors): -6.06%
Villa Attached: -4.5%
Single Family: -5.72%
Townhouse: -4.72%
Villa Detached: -6.18%

Avg. Days On Market

Single Family: 84
High Rise (8 or more): 133
Low Rise (1-3 Floors): 102
ManufacturedHouse: 107
Mid Rise (4-7 Floors): 119
Townhouse: 99
Villa Attached: 86
Villa Detached: 141

* These market statistics are not guaranteed to be accurate. The statistics are meant only as an estimate. Contact your agent for more detailed statistics.