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: 15330
Duplex: 36
High Rise (8 or more): 1223
Low Rise (1-3 Floors): 4479
LowRise,Duplex: 12
ManufacturedHouse: 886
Townhouse: 600
Townhouse,Duplex: 10
Villa Attached: 1120
Villa Detached: 58

Avg. Asking Price

Single Family: $1,085,265
Duplex: $886,633
High Rise (8 or more): $1,729,295
Low Rise (1-3 Floors): $464,820
LowRise,Duplex: $849,992
ManufacturedHouse: $224,302
Townhouse: $358,882
Townhouse,Duplex: $557,900
Villa Attached: $508,502
Villa Detached: $859,830

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: 3/2
Villa Attached: 2/2
Villa Detached: 3/2

Avg. Asking Price Per Sqft

Single Family: $491
Duplex: $463
High Rise (8 or more): $745
Low Rise (1-3 Floors): $314
LowRise,Duplex: $630
ManufacturedHouse: $206
Townhouse: $220
Townhouse,Duplex: $357
Villa Attached: $309
Villa Detached: $416

Sold Properties

Average Asking Price

Single Family: $838,289
High Rise (8 or more): $1,893,376
Low Rise (1-3 Floors): $422,287
LowRise,Duplex: $492,000
Duplex: $401,256
ManufacturedHouse: $187,953
Villa Attached: $489,574
Villa Detached: $1,190,303
Townhouse: $379,955
Townhouse,Duplex: $484,333

Average Selling Price

Single Family: $777,024
High Rise (8 or more): $1,725,770
Low Rise (1-3 Floors): $396,122
LowRise,Duplex: $437,500
Duplex: $367,857
ManufacturedHouse: $172,157
Villa Attached: $462,583
Villa Detached: $1,119,719
Townhouse: $362,085
Townhouse,Duplex: $461,333

Selling vs Asking Price

Single Family: -7.31%
High Rise (8 or more): -8.85%
Low Rise (1-3 Floors): -6.2%
LowRise,Duplex: -11.08%
Duplex: -8.32%
ManufacturedHouse: -8.4%
Villa Attached: -5.51%
Villa Detached: -5.93%
Townhouse: -4.7%
Townhouse,Duplex: -4.75%

Avg. Days On Market

Single Family: 83
Duplex: 45
High Rise (8 or more): 119
Low Rise (1-3 Floors): 94
LowRise,Duplex: 231
ManufacturedHouse: 96
Townhouse: 92
Townhouse,Duplex: 91
Villa Attached: 81
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.