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: 16225
Duplex: 37
High Rise (8 or more): 1227
Low Rise (1-3 Floors): 4629
LowRise,Duplex: 12
ManufacturedHouse: 956
Townhouse: 605
Townhouse,Duplex: 8
Villa Attached: 1147
Villa Detached: 55

Avg. Asking Price

Single Family: $1,050,466
Duplex: $752,836
High Rise (8 or more): $1,637,420
Low Rise (1-3 Floors): $464,998
LowRise,Duplex: $874,583
ManufacturedHouse: $220,483
Townhouse: $351,784
Townhouse,Duplex: $624,238
Villa Attached: $491,987
Villa Detached: $1,006,240

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: 3/2

Avg. Asking Price Per Sqft

Single Family: $466
Duplex: $416
High Rise (8 or more): $726
Low Rise (1-3 Floors): $313
LowRise,Duplex: $615
ManufacturedHouse: $203
Townhouse: $219
Townhouse,Duplex: $368
Villa Attached: $299
Villa Detached: $449

Sold Properties

Average Asking Price

Low Rise (1-3 Floors): $382,902
Single Family: $725,423
High Rise (8 or more): $1,551,993
LowRise,Duplex: $284,000
Duplex: $582,179
ManufacturedHouse: $202,602
Villa Attached: $494,832
Villa Detached: $927,188
Townhouse: $359,093
Townhouse,Duplex: $479,800

Average Selling Price

Low Rise (1-3 Floors): $357,778
Single Family: $677,225
High Rise (8 or more): $1,417,593
LowRise,Duplex: $252,000
Duplex: $560,636
ManufacturedHouse: $183,963
Villa Attached: $463,494
Villa Detached: $880,632
Townhouse: $340,164
Townhouse,Duplex: $453,200

Selling vs Asking Price

Low Rise (1-3 Floors): -6.56%
Single Family: -6.64%
High Rise (8 or more): -8.66%
LowRise,Duplex: -11.27%
Duplex: -3.7%
ManufacturedHouse: -9.2%
Villa Attached: -6.33%
Villa Detached: -5.02%
Townhouse: -5.27%
Townhouse,Duplex: -5.54%

Avg. Days On Market

Single Family: 67
Duplex: 71
High Rise (8 or more): 113
HighRise,Duplex: 179
Low Rise (1-3 Floors): 74
LowRise,Duplex: 60
ManufacturedHouse: 77
ManufacturedHouse,Duplex: 12
Townhouse: 57
Townhouse,Duplex: 67
Villa Attached: 65
Villa Detached: 94

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