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: 11567
High Rise (8 or more): 975
Low Rise (1-3 Floors): 3405
ManufacturedHouse: 679
Mid Rise (4-7 Floors): 893
Townhouse: 505
Villa Attached: 791
Villa Detached: 45

Avg. Asking Price

Single Family: $1,072,666
High Rise (8 or more): $1,719,608
Low Rise (1-3 Floors): $455,361
ManufacturedHouse: $214,778
Mid Rise (4-7 Floors): $1,127,270
Townhouse: $344,736
Villa Attached: $448,821
Villa Detached: $1,058,691

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: $1185
High Rise (8 or more): $725
Low Rise (1-3 Floors): $305
ManufacturedHouse: $1081
Mid Rise (4-7 Floors): $509
Townhouse: $213
Villa Attached: $279
Villa Detached: $426

Sold Properties

Average Asking Price

ManufacturedHouse: $183,983
Low Rise (1-3 Floors): $406,155
Mid Rise (4-7 Floors): $633,779
High Rise (8 or more): $1,666,073
Villa Attached: $473,161
Single Family: $807,725
Villa Detached: $827,726
Townhouse: $343,081

Average Selling Price

ManufacturedHouse: $172,184
Low Rise (1-3 Floors): $381,823
Mid Rise (4-7 Floors): $598,668
High Rise (8 or more): $1,552,152
Villa Attached: $451,898
Single Family: $767,935
Villa Detached: $765,921
Townhouse: $325,072

Selling vs Asking Price

ManufacturedHouse: -6.41%
Low Rise (1-3 Floors): -5.99%
Mid Rise (4-7 Floors): -5.54%
High Rise (8 or more): -6.84%
Villa Attached: -4.49%
Single Family: -4.93%
Villa Detached: -7.47%
Townhouse: -5.25%

Avg. Days On Market

Single Family: 84
High Rise (8 or more): 151
Low Rise (1-3 Floors): 111
ManufacturedHouse: 117
Mid Rise (4-7 Floors): 123
Townhouse: 92
Villa Attached: 93
Villa Detached: 139

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