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: 11579
Duplex: 12
High Rise (8 or more): 1034
Low Rise (1-3 Floors): 3696
Manufactured House: 464
ManufacturedHouse: 232
Mid Rise (4-7 Floors): 1026
Townhouse: 483
Villa Attached: 831
Villa Detached: 59

Avg. Asking Price

Single Family: $1,082,352
Duplex: $780,525
High Rise (8 or more): $1,910,990
Low Rise (1-3 Floors): $456,101
Manufactured House: $206,388
ManufacturedHouse: $235,132
Mid Rise (4-7 Floors): $1,219,041
Townhouse: $355,501
Villa Attached: $496,997
Villa Detached: $1,204,717

Avg. Beds & baths

Single Family: 3/2
Duplex: 3/2
High Rise (8 or more): 3/2
Low Rise (1-3 Floors): 2/2
Manufactured House: 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: $814
Duplex: $327
High Rise (8 or more): $758
Low Rise (1-3 Floors): $305
Manufactured House: $194
ManufacturedHouse: $226
Mid Rise (4-7 Floors): $532
Townhouse: $215
Villa Attached: $296
Villa Detached: $507

Sold Properties

Average Asking Price

ManufacturedHouse: $186,651
High Rise (8 or more): $1,468,291
Low Rise (1-3 Floors): $377,601
Mid Rise (4-7 Floors): $570,740
Single Family: $788,193
Villa Attached: $409,917
Manufactured House: $184,672
Villa Detached: $1,246,435
Townhouse: $327,205

Average Selling Price

ManufacturedHouse: $170,532
High Rise (8 or more): $1,355,704
Low Rise (1-3 Floors): $355,865
Mid Rise (4-7 Floors): $532,240
Single Family: $743,222
Villa Attached: $393,227
Manufactured House: $173,320
Villa Detached: $1,153,136
Townhouse: $313,269

Selling vs Asking Price

ManufacturedHouse: -8.64%
High Rise (8 or more): -7.67%
Low Rise (1-3 Floors): -5.76%
Mid Rise (4-7 Floors): -6.75%
Single Family: -5.71%
Villa Attached: -4.07%
Manufactured House: -6.15%
Villa Detached: -7.49%
Townhouse: -4.26%

Avg. Days On Market

Single Family: 87
High Rise (8 or more): 137
Low Rise (1-3 Floors): 110
Manufactured House: 77
ManufacturedHouse: 108
Mid Rise (4-7 Floors): 121
Townhouse: 77
Villa Attached: 87
Villa Detached: 78

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