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: 11459
Duplex: 11
High Rise (8 or more): 983
Low Rise (1-3 Floors): 3498
Manufactured House: 305
ManufacturedHouse: 374
Mid Rise (4-7 Floors): 933
Townhouse: 475
Villa Attached: 816
Villa Detached: 48

Avg. Asking Price

Single Family: $1,069,598
Duplex: $951,845
High Rise (8 or more): $1,892,133
Low Rise (1-3 Floors): $447,316
Manufactured House: $204,246
ManufacturedHouse: $221,059
Mid Rise (4-7 Floors): $1,220,077
Townhouse: $360,658
Villa Attached: $464,692
Villa Detached: $998,250

Avg. Beds & baths

Single Family: 3/2
Duplex: 3/3
High Rise (8 or more): 3/2
Low Rise (1-3 Floors): 2/2
Manufactured House: 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: $813
Duplex: $401
High Rise (8 or more): $754
Low Rise (1-3 Floors): $302
Manufactured House: $187
ManufacturedHouse: $211
Mid Rise (4-7 Floors): $530
Townhouse: $216
Villa Attached: $284
Villa Detached: $440

Sold Properties

Average Asking Price

ManufacturedHouse: $176,568
Low Rise (1-3 Floors): $382,462
High Rise (8 or more): $1,421,594
Mid Rise (4-7 Floors): $556,915
Villa Attached: $430,364
Single Family: $804,673
Manufactured House: $179,954
Villa Detached: $1,206,733
Townhouse: $324,562

Average Selling Price

ManufacturedHouse: $161,985
Low Rise (1-3 Floors): $359,651
High Rise (8 or more): $1,304,659
Mid Rise (4-7 Floors): $520,137
Villa Attached: $411,754
Single Family: $756,865
Manufactured House: $171,229
Villa Detached: $1,121,792
Townhouse: $309,523

Selling vs Asking Price

ManufacturedHouse: -8.26%
Low Rise (1-3 Floors): -5.96%
High Rise (8 or more): -8.23%
Mid Rise (4-7 Floors): -6.6%
Villa Attached: -4.32%
Single Family: -5.94%
Manufactured House: -4.85%
Villa Detached: -7.04%
Townhouse: -4.63%

Avg. Days On Market

Single Family: 87
High Rise (8 or more): 142
Low Rise (1-3 Floors): 116
Manufactured House: 67
ManufacturedHouse: 114
Mid Rise (4-7 Floors): 126
Townhouse: 76
Villa Attached: 87
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.