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: 11642
Duplex: 11
High Rise (8 or more): 1016
Low Rise (1-3 Floors): 3675
Manufactured House: 409
ManufacturedHouse: 287
Mid Rise (4-7 Floors): 1007
Townhouse: 482
Villa Attached: 836
Villa Detached: 55

Avg. Asking Price

Single Family: $1,080,952
Duplex: $840,664
High Rise (8 or more): $1,898,582
Low Rise (1-3 Floors): $449,875
Manufactured House: $203,568
ManufacturedHouse: $230,283
Mid Rise (4-7 Floors): $1,234,400
Townhouse: $351,036
Villa Attached: $487,578
Villa Detached: $1,025,092

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: $810
Duplex: $343
High Rise (8 or more): $755
Low Rise (1-3 Floors): $302
Manufactured House: $192
ManufacturedHouse: $218
Mid Rise (4-7 Floors): $537
Townhouse: $213
Villa Attached: $292
Villa Detached: $450

Sold Properties

Average Asking Price

ManufacturedHouse: $179,645
Low Rise (1-3 Floors): $381,664
High Rise (8 or more): $1,479,341
Mid Rise (4-7 Floors): $563,478
Villa Attached: $422,689
Single Family: $797,296
Manufactured House: $184,447
Villa Detached: $1,150,754
Townhouse: $343,985

Average Selling Price

ManufacturedHouse: $164,266
Low Rise (1-3 Floors): $358,917
High Rise (8 or more): $1,364,046
Mid Rise (4-7 Floors): $526,548
Villa Attached: $404,557
Single Family: $751,308
Manufactured House: $173,933
Villa Detached: $1,070,115
Townhouse: $327,846

Selling vs Asking Price

ManufacturedHouse: -8.56%
Low Rise (1-3 Floors): -5.96%
High Rise (8 or more): -7.79%
Mid Rise (4-7 Floors): -6.55%
Villa Attached: -4.29%
Single Family: -5.77%
Manufactured House: -5.7%
Villa Detached: -7.01%
Townhouse: -4.69%

Avg. Days On Market

Single Family: 87
High Rise (8 or more): 140
Low Rise (1-3 Floors): 114
Manufactured House: 73
ManufacturedHouse: 109
Mid Rise (4-7 Floors): 122
Townhouse: 79
Villa Attached: 89
Villa Detached: 98

* 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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