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: 15001
High Rise (8 or more): 1519
Low Rise (1-3 Floors): 5386
ManufacturedHouse: 951
Mid Rise (4-7 Floors): 1468
Townhouse: 648
Villa Attached: 1253
Villa Detached: 66

Avg. Asking Price

Single Family: $1,144,262
High Rise (8 or more): $1,821,467
Low Rise (1-3 Floors): $473,748
ManufacturedHouse: $219,624
Mid Rise (4-7 Floors): $1,059,048
Townhouse: $367,778
Villa Attached: $529,236
Villa Detached: $1,046,669

Avg. Beds & baths

Single Family: 3/3
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: $410
High 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: $457

Sold Properties

Average Asking Price

ManufacturedHouse: $184,307
Low Rise (1-3 Floors): $435,366
High Rise (8 or more): $1,801,979
Mid Rise (4-7 Floors): $657,313
Villa Attached: $474,520
Single Family: $875,391
Villa Detached: $844,557
Townhouse: $328,992

Average Selling Price

ManufacturedHouse: $167,496
Low Rise (1-3 Floors): $411,028
High Rise (8 or more): $1,678,971
Mid Rise (4-7 Floors): $616,654
Villa Attached: $451,857
Single Family: $824,747
Villa Detached: $773,179
Townhouse: $313,585

Selling vs Asking Price

ManufacturedHouse: -9.12%
Low Rise (1-3 Floors): -5.59%
High Rise (8 or more): -6.83%
Mid Rise (4-7 Floors): -6.19%
Villa Attached: -4.78%
Single Family: -5.79%
Villa Detached: -8.45%
Townhouse: -4.68%

Avg. Days On Market

Single Family: 87
High Rise (8 or more): 139
Low Rise (1-3 Floors): 100
ManufacturedHouse: 126
Mid Rise (4-7 Floors): 116
Townhouse: 89
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.

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