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: 11118
High Rise (8 or more): 956
Low Rise (1-3 Floors): 3274
ManufacturedHouse: 663
Mid Rise (4-7 Floors): 840
Townhouse: 477
Villa Attached: 765
Villa Detached: 40

Avg. Asking Price

Single Family: $1,058,408
High Rise (8 or more): $1,705,956
Low Rise (1-3 Floors): $454,223
ManufacturedHouse: $213,564
Mid Rise (4-7 Floors): $1,188,353
Townhouse: $341,767
Villa Attached: $440,413
Villa Detached: $989,878

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: $1193
High Rise (8 or more): $720
Low Rise (1-3 Floors): $305
ManufacturedHouse: $198
Mid Rise (4-7 Floors): $516
Townhouse: $210
Villa Attached: $275
Villa Detached: $399

Sold Properties

Average Asking Price

ManufacturedHouse: $181,032
Low Rise (1-3 Floors): $396,080
High Rise (8 or more): $1,516,068
Mid Rise (4-7 Floors): $618,501
Villa Attached: $448,104
Single Family: $804,409
Villa Detached: $968,492
Townhouse: $345,447

Average Selling Price

ManufacturedHouse: $168,794
Low Rise (1-3 Floors): $371,733
High Rise (8 or more): $1,408,266
Mid Rise (4-7 Floors): $583,405
Villa Attached: $427,243
Single Family: $757,762
Villa Detached: $902,542
Townhouse: $326,673

Selling vs Asking Price

ManufacturedHouse: -6.76%
Low Rise (1-3 Floors): -6.15%
High Rise (8 or more): -7.11%
Mid Rise (4-7 Floors): -5.67%
Villa Attached: -4.66%
Single Family: -5.8%
Villa Detached: -6.81%
Townhouse: -5.43%

Avg. Days On Market

Single Family: 85
High Rise (8 or more): 149
Low Rise (1-3 Floors): 114
ManufacturedHouse: 118
Mid Rise (4-7 Floors): 127
Townhouse: 85
Villa Attached: 92
Villa Detached: 87

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