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: 14854
High Rise (8 or more): 1522
Low Rise (1-3 Floors): 5353
ManufacturedHouse: 870
Mid Rise (4-7 Floors): 1443
Townhouse: 653
Villa Attached: 1207
Villa Detached: 66

Avg. Asking Price

Single Family: $1,169,682
High Rise (8 or more): $1,799,384
Low Rise (1-3 Floors): $472,970
ManufacturedHouse: $218,368
Mid Rise (4-7 Floors): $1,029,743
Townhouse: $361,803
Villa Attached: $534,545
Villa Detached: $1,115,125

Avg. Beds & baths

Single Family: 3/3
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: $416
High Rise (8 or more): $742
Low Rise (1-3 Floors): $313
ManufacturedHouse: $202
Mid Rise (4-7 Floors): $513
Townhouse: $231
Villa Attached: $312
Villa Detached: $470

Sold Properties

Average Asking Price

ManufacturedHouse: $193,172
High Rise (8 or more): $1,920,960
Low Rise (1-3 Floors): $432,386
Mid Rise (4-7 Floors): $658,393
Villa Attached: $471,197
Single Family: $897,317
Townhouse: $351,752
Villa Detached: $1,255,095

Average Selling Price

ManufacturedHouse: $177,068
High Rise (8 or more): $1,792,247
Low Rise (1-3 Floors): $407,859
Mid Rise (4-7 Floors): $616,898
Villa Attached: $448,371
Single Family: $845,552
Townhouse: $335,891
Villa Detached: $1,151,646

Selling vs Asking Price

ManufacturedHouse: -8.34%
High Rise (8 or more): -6.7%
Low Rise (1-3 Floors): -5.67%
Mid Rise (4-7 Floors): -6.3%
Villa Attached: -4.84%
Single Family: -5.77%
Townhouse: -4.51%
Villa Detached: -8.24%

Avg. Days On Market

Single Family: 87
High Rise (8 or more): 125
Low Rise (1-3 Floors): 98
ManufacturedHouse: 110
Mid Rise (4-7 Floors): 109
Townhouse: 88
Villa Attached: 87
Villa Detached: 140

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

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