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: 11389
High Rise (8 or more): 985
Low Rise (1-3 Floors): 3333
ManufacturedHouse: 677
Mid Rise (4-7 Floors): 868
Townhouse: 492
Villa Attached: 784
Villa Detached: 41

Avg. Asking Price

Single Family: $1,052,447
High Rise (8 or more): $1,704,394
Low Rise (1-3 Floors): $456,230
ManufacturedHouse: $212,785
Mid Rise (4-7 Floors): $1,135,004
Townhouse: $344,635
Villa Attached: $444,677
Villa Detached: $1,056,466

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: $1188
High Rise (8 or more): $724
Low Rise (1-3 Floors): $306
ManufacturedHouse: $197
Mid Rise (4-7 Floors): $505
Townhouse: $211
Villa Attached: $277
Villa Detached: $425

Sold Properties

Average Asking Price

ManufacturedHouse: $182,679
Mid Rise (4-7 Floors): $642,131
High Rise (8 or more): $1,509,165
Low Rise (1-3 Floors): $405,159
Single Family: $805,884
Villa Attached: $454,649
Villa Detached: $720,173
Townhouse: $345,308

Average Selling Price

ManufacturedHouse: $170,713
Mid Rise (4-7 Floors): $605,509
High Rise (8 or more): $1,403,340
Low Rise (1-3 Floors): $380,408
Single Family: $759,407
Villa Attached: $433,561
Villa Detached: $680,045
Townhouse: $326,898

Selling vs Asking Price

ManufacturedHouse: -6.55%
Mid Rise (4-7 Floors): -5.7%
High Rise (8 or more): -7.01%
Low Rise (1-3 Floors): -6.11%
Single Family: -5.77%
Villa Attached: -4.64%
Villa Detached: -5.57%
Townhouse: -5.33%

Avg. Days On Market

Single Family: 85
High Rise (8 or more): 149
Low Rise (1-3 Floors): 115
ManufacturedHouse: 118
Mid Rise (4-7 Floors): 130
Townhouse: 86
Villa Attached: 92
Villa Detached: 93

* 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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