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: 15060
High Rise (8 or more): 1512
Low Rise (1-3 Floors): 5418
ManufacturedHouse: 946
Mid Rise (4-7 Floors): 1461
Townhouse: 650
Villa Attached: 1256
Villa Detached: 67

Avg. Asking Price

Single Family: $1,142,544
High Rise (8 or more): $1,835,156
Low Rise (1-3 Floors): $476,529
ManufacturedHouse: $219,363
Mid Rise (4-7 Floors): $1,062,038
Townhouse: $366,407
Villa Attached: $530,531
Villa Detached: $1,029,540

Avg. Beds & baths

Single Family: 3/3
High Rise (8 or more): 3/2
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: $415
High Rise (8 or more): $748
Low Rise (1-3 Floors): $316
ManufacturedHouse: $200
Mid Rise (4-7 Floors): $528
Townhouse: $231
Villa Attached: $310
Villa Detached: $454

Sold Properties

Average Asking Price

ManufacturedHouse: $184,551
Low Rise (1-3 Floors): $432,963
High Rise (8 or more): $1,775,534
Mid Rise (4-7 Floors): $655,015
Villa Attached: $473,125
Single Family: $883,750
Villa Detached: $844,557
Townhouse: $330,507

Average Selling Price

ManufacturedHouse: $167,598
Low Rise (1-3 Floors): $408,672
High Rise (8 or more): $1,659,243
Mid Rise (4-7 Floors): $611,701
Villa Attached: $450,595
Single Family: $832,120
Villa Detached: $773,179
Townhouse: $314,345

Selling vs Asking Price

ManufacturedHouse: -9.19%
Low Rise (1-3 Floors): -5.61%
High Rise (8 or more): -6.55%
Mid Rise (4-7 Floors): -6.61%
Villa Attached: -4.76%
Single Family: -5.84%
Villa Detached: -8.45%
Townhouse: -4.89%

Avg. Days On Market

Single Family: 86
High Rise (8 or more): 135
Low Rise (1-3 Floors): 99
ManufacturedHouse: 125
Mid Rise (4-7 Floors): 115
Townhouse: 92
Villa Attached: 85
Villa Detached: 89

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