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: 13579
Duplex: 28
High Rise (8 or more): 998
Low Rise (1-3 Floors): 3822
LowRise,Duplex: 10
ManufacturedHouse: 805
Townhouse: 495
Townhouse,Duplex: 6
Villa Attached: 936
Villa Detached: 46

Avg. Asking Price

Single Family: $1,007,031
Duplex: $757,605
High Rise (8 or more): $1,661,259
Low Rise (1-3 Floors): $472,235
LowRise,Duplex: $924,690
ManufacturedHouse: $220,535
Townhouse: $352,110
Townhouse,Duplex: $560,983
Villa Attached: $472,833
Villa Detached: $925,537

Avg. Beds & baths

Single Family: 3/2
Duplex: 3/2
High Rise (8 or more): 2/2
Low Rise (1-3 Floors): 2/2
LowRise,Duplex: 2/2
ManufacturedHouse: 2/2
Townhouse: 3/2
Townhouse,Duplex: 3/3
Villa Attached: 2/2
Villa Detached: 2/2

Avg. Asking Price Per Sqft

Single Family: $468
Duplex: $417
High Rise (8 or more): $732
Low Rise (1-3 Floors): $314
LowRise,Duplex: $642
ManufacturedHouse: $205
Townhouse: $219
Townhouse,Duplex: $333
Villa Attached: $293
Villa Detached: $407

Sold Properties

Average Asking Price

Low Rise (1-3 Floors): $397,676
High Rise (8 or more): $1,530,505
Single Family: $699,225
LowRise,Duplex: $269,000
Duplex: $553,156
ManufacturedHouse: $205,924
Villa Attached: $495,122
Villa Detached: $984,247
Townhouse: $344,261
Townhouse,Duplex: $451,667

Average Selling Price

Low Rise (1-3 Floors): $371,007
High Rise (8 or more): $1,396,867
Single Family: $654,332
LowRise,Duplex: $269,000
Duplex: $533,056
ManufacturedHouse: $188,049
Villa Attached: $461,817
Villa Detached: $925,735
Townhouse: $328,107
Townhouse,Duplex: $424,000

Selling vs Asking Price

Low Rise (1-3 Floors): -6.71%
High Rise (8 or more): -8.73%
Single Family: -6.42%
LowRise,Duplex: N/A
Duplex: -3.63%
ManufacturedHouse: -8.68%
Villa Attached: -6.73%
Villa Detached: -5.94%
Townhouse: -4.69%
Townhouse,Duplex: -6.13%

Avg. Days On Market

Single Family: 90
Duplex: 102
High Rise (8 or more): 132
Low Rise (1-3 Floors): 108
LowRise,Duplex: 83
ManufacturedHouse: 116
Townhouse: 95
Townhouse,Duplex: 156
Villa Attached: 102
Villa Detached: 100

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