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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: 15008High Rise (8 or more): 1520
Low Rise (1-3 Floors): 5384
ManufacturedHouse: 955
Mid Rise (4-7 Floors): 1467
Townhouse: 649
Villa Attached: 1252
Villa Detached: 67
Avg. Asking Price
Single Family: $1,144,346High Rise (8 or more): $1,821,086
Low Rise (1-3 Floors): $473,068
ManufacturedHouse: $219,363
Mid Rise (4-7 Floors): $1,059,749
Townhouse: $367,866
Villa Attached: $531,066
Villa Detached: $1,037,389
Avg. Beds & baths
Single Family: 3/3High 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: $410High Rise (8 or more): $748
Low Rise (1-3 Floors): $314
ManufacturedHouse: $200
Mid Rise (4-7 Floors): $528
Townhouse: $232
Villa Attached: $310
Villa Detached: $454
Sold Properties
Average Asking Price
ManufacturedHouse: $183,516Low Rise (1-3 Floors): $435,827
Mid Rise (4-7 Floors): $656,410
High Rise (8 or more): $1,799,157
Villa Attached: $472,892
Single Family: $877,341
Townhouse: $326,495
Villa Detached: $844,557
Average Selling Price
ManufacturedHouse: $166,709Low Rise (1-3 Floors): $411,421
Mid Rise (4-7 Floors): $615,824
High Rise (8 or more): $1,675,074
Villa Attached: $450,439
Single Family: $826,661
Townhouse: $310,885
Villa Detached: $773,179
Selling vs Asking Price
ManufacturedHouse: -9.16%Low Rise (1-3 Floors): -5.6%
Mid Rise (4-7 Floors): -6.18%
High Rise (8 or more): -6.9%
Villa Attached: -4.75%
Single Family: -5.78%
Townhouse: -4.78%
Villa Detached: -8.45%
Avg. Days On Market
Single Family: 87High Rise (8 or more): 138
Low Rise (1-3 Floors): 100
ManufacturedHouse: 127
Mid Rise (4-7 Floors): 116
Townhouse: 94
Villa Attached: 86
Villa Detached: 89
* These market statistics are not guaranteed to be accurate. The statistics are meant only as an estimate. Contact your agent for more detailed statistics.