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: 13824
High Rise (8 or more): 1337
Low Rise (1-3 Floors): 4723
ManufacturedHouse: 801
Mid Rise (4-7 Floors): 1230
Townhouse: 586
Villa Attached: 1060
Villa Detached: 62

Avg. Asking Price

Single Family: $1,146,165
High Rise (8 or more): $1,800,138
Low Rise (1-3 Floors): $475,122
ManufacturedHouse: $241,010
Mid Rise (4-7 Floors): $957,527
Townhouse: $371,169
Villa Attached: $507,053
Villa Detached: $1,049,591

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: $408
High Rise (8 or more): $744
Low Rise (1-3 Floors): $313
ManufacturedHouse: $971
Mid Rise (4-7 Floors): $504
Townhouse: $224
Villa Attached: $301
Villa Detached: $434

Sold Properties

Average Asking Price

ManufacturedHouse: $191,899
Low Rise (1-3 Floors): $426,008
High Rise (8 or more): $1,958,156
Mid Rise (4-7 Floors): $594,564
Villa Attached: $532,267
Single Family: $873,998
Townhouse: $342,670
Villa Detached: $1,335,717

Average Selling Price

ManufacturedHouse: $177,782
Low Rise (1-3 Floors): $401,137
High Rise (8 or more): $1,832,575
Mid Rise (4-7 Floors): $557,096
Villa Attached: $507,264
Single Family: $823,946
Townhouse: $327,234
Villa Detached: $1,253,876

Selling vs Asking Price

ManufacturedHouse: -7.36%
Low Rise (1-3 Floors): -5.84%
High Rise (8 or more): -6.41%
Mid Rise (4-7 Floors): -6.3%
Villa Attached: -4.7%
Single Family: -5.73%
Townhouse: -4.5%
Villa Detached: -6.13%

Avg. Days On Market

Single Family: 87
High Rise (8 or more): 122
Low Rise (1-3 Floors): 102
ManufacturedHouse: 105
Mid Rise (4-7 Floors): 114
Townhouse: 100
Villa Attached: 83
Villa Detached: 130

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