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: 13058
High Rise (8 or more): 1184
Low Rise (1-3 Floors): 4271
ManufacturedHouse: 759
Mid Rise (4-7 Floors): 1119
Townhouse: 558
Villa Attached: 967
Villa Detached: 50

Avg. Asking Price

Single Family: $1,140,739
High Rise (8 or more): $1,751,663
Low Rise (1-3 Floors): $469,881
ManufacturedHouse: $234,463
Mid Rise (4-7 Floors): $955,783
Townhouse: $370,233
Villa Attached: $498,001
Villa Detached: $1,018,180

Avg. Beds & baths

Single Family: 3/2
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: $406
High Rise (8 or more): $732
Low Rise (1-3 Floors): $312
ManufacturedHouse: $1005
Mid Rise (4-7 Floors): $498
Townhouse: $225
Villa Attached: $299
Villa Detached: $441

Sold Properties

Average Asking Price

ManufacturedHouse: $194,365
Low Rise (1-3 Floors): $431,760
High Rise (8 or more): $1,984,856
Mid Rise (4-7 Floors): $615,261
Villa Attached: $509,601
Single Family: $856,675
Townhouse: $344,667
Villa Detached: $1,171,471

Average Selling Price

ManufacturedHouse: $180,832
Low Rise (1-3 Floors): $406,438
High Rise (8 or more): $1,852,851
Mid Rise (4-7 Floors): $577,687
Villa Attached: $486,865
Single Family: $808,266
Townhouse: $329,736
Villa Detached: $1,088,779

Selling vs Asking Price

ManufacturedHouse: -6.96%
Low Rise (1-3 Floors): -5.86%
High Rise (8 or more): -6.65%
Mid Rise (4-7 Floors): -6.11%
Villa Attached: -4.46%
Single Family: -5.65%
Townhouse: -4.33%
Villa Detached: -7.06%

Avg. Days On Market

Single Family: 87
High Rise (8 or more): 125
Low Rise (1-3 Floors): 102
ManufacturedHouse: 109
Mid Rise (4-7 Floors): 113
Townhouse: 97
Villa Attached: 82
Villa Detached: 140

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