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: 15071
Duplex: 37
High Rise (8 or more): 1146
Low Rise (1-3 Floors): 4301
LowRise,Duplex: 11
ManufacturedHouse: 857
Townhouse: 581
Townhouse,Duplex: 9
Villa Attached: 1062
Villa Detached: 56

Avg. Asking Price

Single Family: $1,063,031
Duplex: $787,643
High Rise (8 or more): $1,670,745
Low Rise (1-3 Floors): $466,278
LowRise,Duplex: $912,545
ManufacturedHouse: $221,487
Townhouse: $355,969
Townhouse,Duplex: $568,333
Villa Attached: $501,015
Villa Detached: $941,489

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: $477
Duplex: $433
High Rise (8 or more): $737
Low Rise (1-3 Floors): $315
LowRise,Duplex: $655
ManufacturedHouse: $203
Townhouse: $218
Townhouse,Duplex: $345
Villa Attached: $304
Villa Detached: $434

Sold Properties

Average Asking Price

Low Rise (1-3 Floors): $405,456
Single Family: $769,357
High Rise (8 or more): $1,857,234
LowRise,Duplex: $284,000
Duplex: $433,759
ManufacturedHouse: $195,822
Villa Attached: $486,001
Villa Detached: $1,068,285
Townhouse: $363,154
Townhouse,Duplex: $522,000

Average Selling Price

Low Rise (1-3 Floors): $379,878
Single Family: $720,423
High Rise (8 or more): $1,685,242
LowRise,Duplex: $252,000
Duplex: $390,000
ManufacturedHouse: $178,886
Villa Attached: $457,480
Villa Detached: $1,011,006
Townhouse: $345,469
Townhouse,Duplex: $497,000

Selling vs Asking Price

Low Rise (1-3 Floors): -6.31%
Single Family: -6.36%
High Rise (8 or more): -9.26%
LowRise,Duplex: -11.27%
Duplex: -10.09%
ManufacturedHouse: -8.65%
Villa Attached: -5.87%
Villa Detached: -5.36%
Townhouse: -4.87%
Townhouse,Duplex: -4.79%

Avg. Days On Market

Single Family: 84
Duplex: 115
High Rise (8 or more): 148
HighRise,Duplex: 179
Low Rise (1-3 Floors): 90
LowRise,Duplex: 89
ManufacturedHouse: 105
Townhouse: 68
Townhouse,Duplex: 111
Villa Attached: 78
Villa Detached: 113

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