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: 11607
High Rise (8 or more): 986
Low Rise (1-3 Floors): 3473
ManufacturedHouse: 690
Mid Rise (4-7 Floors): 921
Townhouse: 508
Villa Attached: 786
Villa Detached: 43

Avg. Asking Price

Single Family: $1,082,936
High Rise (8 or more): $1,685,303
Low Rise (1-3 Floors): $455,393
ManufacturedHouse: $236,919
Mid Rise (4-7 Floors): $1,123,627
Townhouse: $344,782
Villa Attached: $448,975
Villa Detached: $947,191

Avg. Beds & baths

Single Family: 3/2
High Rise (8 or more): 2/2
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: $1165
High Rise (8 or more): $723
Low Rise (1-3 Floors): $305
ManufacturedHouse: $1084
Mid Rise (4-7 Floors): $510
Townhouse: $213
Villa Attached: $279
Villa Detached: $400

Sold Properties

Average Asking Price

ManufacturedHouse: $186,495
Low Rise (1-3 Floors): $412,817
High Rise (8 or more): $1,771,777
Mid Rise (4-7 Floors): $667,800
Villa Attached: $471,882
Single Family: $822,688
Villa Detached: $833,790
Townhouse: $342,702

Average Selling Price

ManufacturedHouse: $174,685
Low Rise (1-3 Floors): $387,941
High Rise (8 or more): $1,644,295
Mid Rise (4-7 Floors): $628,905
Villa Attached: $450,647
Single Family: $775,872
Villa Detached: $771,875
Townhouse: $324,277

Selling vs Asking Price

ManufacturedHouse: -6.33%
Low Rise (1-3 Floors): -6.03%
High Rise (8 or more): -7.2%
Mid Rise (4-7 Floors): -5.82%
Villa Attached: -4.5%
Single Family: -5.69%
Villa Detached: -7.43%
Townhouse: -5.38%

Avg. Days On Market

Single Family: 84
High Rise (8 or more): 144
Low Rise (1-3 Floors): 110
ManufacturedHouse: 116
Mid Rise (4-7 Floors): 121
Townhouse: 93
Villa Attached: 92
Villa Detached: 142

* 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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