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: 11235
High Rise (8 or more): 938
Low Rise (1-3 Floors): 3335
ManufacturedHouse: 657
Mid Rise (4-7 Floors): 883
Townhouse: 484
Villa Attached: 777
Villa Detached: 41

Avg. Asking Price

Single Family: $1,049,155
High Rise (8 or more): $1,754,625
Low Rise (1-3 Floors): $448,473
ManufacturedHouse: $215,988
Mid Rise (4-7 Floors): $1,183,986
Townhouse: $352,028
Villa Attached: $453,851
Villa Detached: $996,244

Avg. Beds & baths

Single Family: 3/2
High Rise (8 or more): 3/2
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: $817
High Rise (8 or more): $724
Low Rise (1-3 Floors): $302
ManufacturedHouse: $200
Mid Rise (4-7 Floors): $520
Townhouse: $213
Villa Attached: $280
Villa Detached: $427

Sold Properties

Average Asking Price

ManufacturedHouse: $179,223
Low Rise (1-3 Floors): $385,029
Mid Rise (4-7 Floors): $572,400
High Rise (8 or more): $1,399,738
Villa Attached: $440,244
Single Family: $800,072
Villa Detached: $1,371,325
Townhouse: $340,463

Average Selling Price

ManufacturedHouse: $165,094
Low Rise (1-3 Floors): $361,080
Mid Rise (4-7 Floors): $537,677
High Rise (8 or more): $1,296,835
Villa Attached: $419,321
Single Family: $752,579
Villa Detached: $1,261,667
Townhouse: $323,019

Selling vs Asking Price

ManufacturedHouse: -7.88%
Low Rise (1-3 Floors): -6.22%
Mid Rise (4-7 Floors): -6.07%
High Rise (8 or more): -7.35%
Villa Attached: -4.75%
Single Family: -5.94%
Villa Detached: -8%
Townhouse: -5.12%

Avg. Days On Market

Single Family: 86
High Rise (8 or more): 153
Low Rise (1-3 Floors): 119
ManufacturedHouse: 115
Mid Rise (4-7 Floors): 130
Townhouse: 79
Villa Attached: 90
Villa Detached: 91

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