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: 11146
High Rise (8 or more): 955
Low Rise (1-3 Floors): 3304
ManufacturedHouse: 652
Mid Rise (4-7 Floors): 849
Townhouse: 480
Villa Attached: 775
Villa Detached: 41

Avg. Asking Price

Single Family: $1,053,935
High Rise (8 or more): $1,735,346
Low Rise (1-3 Floors): $450,014
ManufacturedHouse: $214,000
Mid Rise (4-7 Floors): $1,206,816
Townhouse: $343,483
Villa Attached: $450,501
Villa Detached: $965,780

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: $1191
High Rise (8 or more): $724
Low Rise (1-3 Floors): $303
ManufacturedHouse: $199
Mid Rise (4-7 Floors): $526
Townhouse: $209
Villa Attached: $279
Villa Detached: $423

Sold Properties

Average Asking Price

ManufacturedHouse: $176,402
High Rise (8 or more): $1,436,100
Low Rise (1-3 Floors): $383,162
Mid Rise (4-7 Floors): $586,046
Villa Attached: $435,665
Single Family: $788,309
Villa Detached: $1,079,992
Townhouse: $337,784

Average Selling Price

ManufacturedHouse: $163,671
High Rise (8 or more): $1,329,161
Low Rise (1-3 Floors): $359,219
Mid Rise (4-7 Floors): $549,381
Villa Attached: $414,547
Single Family: $744,164
Villa Detached: $983,769
Townhouse: $320,166

Selling vs Asking Price

ManufacturedHouse: -7.22%
High Rise (8 or more): -7.45%
Low Rise (1-3 Floors): -6.25%
Mid Rise (4-7 Floors): -6.26%
Villa Attached: -4.85%
Single Family: -5.6%
Villa Detached: -8.91%
Townhouse: -5.22%

Avg. Days On Market

Single Family: 86
High Rise (8 or more): 155
Low Rise (1-3 Floors): 117
ManufacturedHouse: 117
Mid Rise (4-7 Floors): 126
Townhouse: 81
Villa Attached: 91
Villa Detached: 94

* 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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