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: 11272
Duplex: 6
High Rise (8 or more): 938
Low Rise (1-3 Floors): 3366
Manufactured House: 188
ManufacturedHouse: 475
Mid Rise (4-7 Floors): 903
Townhouse: 461
Villa Attached: 785
Villa Detached: 47

Avg. Asking Price

Single Family: $1,062,954
Duplex: $577,233
High Rise (8 or more): $1,878,243
Low Rise (1-3 Floors): $445,358
Manufactured House: $199,900
ManufacturedHouse: $220,208
Mid Rise (4-7 Floors): $1,223,550
Townhouse: $363,020
Villa Attached: $457,994
Villa Detached: $892,274

Avg. Beds & baths

Single Family: 3/2
Duplex: 3/2
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: $819
Duplex: $284
High Rise (8 or more): $747
Low Rise (1-3 Floors): $301
Manufactured House: $180
ManufacturedHouse: $207
Mid Rise (4-7 Floors): $527
Townhouse: $218
Villa Attached: $282
Villa Detached: $404

Sold Properties

Average Asking Price

ManufacturedHouse: $174,429
Low Rise (1-3 Floors): $379,492
Mid Rise (4-7 Floors): $572,340
High Rise (8 or more): $1,410,589
Villa Attached: $443,709
Single Family: $805,280
Manufactured House: $179,161
Villa Detached: $1,320,838
Townhouse: $330,145

Average Selling Price

ManufacturedHouse: $160,506
Low Rise (1-3 Floors): $356,240
Mid Rise (4-7 Floors): $536,744
High Rise (8 or more): $1,296,619
Villa Attached: $423,110
Single Family: $757,395
Manufactured House: $171,302
Villa Detached: $1,222,692
Townhouse: $314,496

Selling vs Asking Price

ManufacturedHouse: -7.98%
Low Rise (1-3 Floors): -6.13%
Mid Rise (4-7 Floors): -6.22%
High Rise (8 or more): -8.08%
Villa Attached: -4.64%
Single Family: -5.95%
Manufactured House: -4.39%
Villa Detached: -7.43%
Townhouse: -4.74%

Avg. Days On Market

Single Family: 87
High Rise (8 or more): 148
Low Rise (1-3 Floors): 117
Manufactured House: 60
ManufacturedHouse: 113
Mid Rise (4-7 Floors): 127
Townhouse: 75
Villa Attached: 89
Villa Detached: 84

* 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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