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: 13416
High Rise (8 or more): 1253
Low Rise (1-3 Floors): 4492
ManufacturedHouse: 782
Mid Rise (4-7 Floors): 1171
Townhouse: 584
Villa Attached: 1012
Villa Detached: 50

Avg. Asking Price

Single Family: $1,151,753
High Rise (8 or more): $1,767,265
Low Rise (1-3 Floors): $474,443
ManufacturedHouse: $239,035
Mid Rise (4-7 Floors): $940,224
Townhouse: $369,781
Villa Attached: $504,186
Villa Detached: $972,278

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: $409
High Rise (8 or more): $736
Low Rise (1-3 Floors): $313
ManufacturedHouse: $986
Mid Rise (4-7 Floors): $496
Townhouse: $224
Villa Attached: $301
Villa Detached: $426

Sold Properties

Average Asking Price

ManufacturedHouse: $194,995
Low Rise (1-3 Floors): $431,217
Mid Rise (4-7 Floors): $622,713
High Rise (8 or more): $2,002,035
Villa Attached: $513,677
Single Family: $862,229
Townhouse: $345,896
Villa Detached: $1,151,431

Average Selling Price

ManufacturedHouse: $181,299
Low Rise (1-3 Floors): $405,901
Mid Rise (4-7 Floors): $584,828
High Rise (8 or more): $1,866,380
Villa Attached: $490,285
Single Family: $813,712
Townhouse: $330,942
Villa Detached: $1,070,619

Selling vs Asking Price

ManufacturedHouse: -7.02%
Low Rise (1-3 Floors): -5.87%
Mid Rise (4-7 Floors): -6.08%
High Rise (8 or more): -6.78%
Villa Attached: -4.55%
Single Family: -5.63%
Townhouse: -4.32%
Villa Detached: -7.02%

Avg. Days On Market

Single Family: 86
High Rise (8 or more): 124
Low Rise (1-3 Floors): 103
ManufacturedHouse: 108
Mid Rise (4-7 Floors): 113
Townhouse: 96
Villa Attached: 83
Villa Detached: 137

* 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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