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: 14509
High Rise (8 or more): 1501
Low Rise (1-3 Floors): 5221
ManufacturedHouse: 849
Mid Rise (4-7 Floors): 1398
Townhouse: 639
Villa Attached: 1170
Villa Detached: 65

Avg. Asking Price

Single Family: $1,180,592
High Rise (8 or more): $1,790,086
Low Rise (1-3 Floors): $479,069
ManufacturedHouse: $235,068
Mid Rise (4-7 Floors): $1,043,386
Townhouse: $364,097
Villa Attached: $538,404
Villa Detached: $1,086,997

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: $418
High Rise (8 or more): $741
Low Rise (1-3 Floors): $316
ManufacturedHouse: $923
Mid Rise (4-7 Floors): $516
Townhouse: $232
Villa Attached: $314
Villa Detached: $461

Sold Properties

Average Asking Price

ManufacturedHouse: $196,329
Mid Rise (4-7 Floors): $659,918
High Rise (8 or more): $1,910,101
Low Rise (1-3 Floors): $427,258
Villa Attached: $466,350
Single Family: $892,987
Townhouse: $351,137
Villa Detached: $1,167,700

Average Selling Price

ManufacturedHouse: $180,827
Mid Rise (4-7 Floors): $617,971
High Rise (8 or more): $1,784,535
Low Rise (1-3 Floors): $403,329
Villa Attached: $443,801
Single Family: $841,722
Townhouse: $335,358
Villa Detached: $1,071,061

Selling vs Asking Price

ManufacturedHouse: -7.9%
Mid Rise (4-7 Floors): -6.36%
High Rise (8 or more): -6.57%
Low Rise (1-3 Floors): -5.6%
Villa Attached: -4.84%
Single Family: -5.74%
Townhouse: -4.49%
Villa Detached: -8.28%

Avg. Days On Market

Single Family: 87
High Rise (8 or more): 123
Low Rise (1-3 Floors): 100
ManufacturedHouse: 107
Mid Rise (4-7 Floors): 110
Townhouse: 97
Villa Attached: 85
Villa Detached: 134

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