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: 19559
Duplex: 44
High Rise (8 or more): 1613
Low Rise (1-3 Floors): 6062
LowRise,Duplex: 13
ManufacturedHouse: 1135
Townhouse: 757
Townhouse,Duplex: 13
Villa Attached: 1476
Villa Detached: 108

Avg. Asking Price

Single Family: $1,195,830
Duplex: $708,594
High Rise (8 or more): $1,868,144
Low Rise (1-3 Floors): $477,746
LowRise,Duplex: $426,600
ManufacturedHouse: $228,137
Townhouse: $388,742
Townhouse,Duplex: $802,223
Villa Attached: $556,800
Villa Detached: $1,195,188

Avg. Beds & baths

Single Family: 3/2
Duplex: 3/3
High Rise (8 or more): 3/2
Low Rise (1-3 Floors): 2/2
LowRise,Duplex: 2/2
ManufacturedHouse: 2/2
Townhouse: 3/2
Townhouse,Duplex: 3/3
Villa Attached: 2/2
Villa Detached: 3/2

Avg. Asking Price Per Sqft

Single Family: $485
Duplex: $385
High Rise (8 or more): $792
Low Rise (1-3 Floors): $324
LowRise,Duplex: $342
ManufacturedHouse: $1007
Townhouse: $235
Townhouse,Duplex: $429
Villa Attached: $330
Villa Detached: $520

Sold Properties

Average Asking Price

Single Family: $871,567
Duplex: $601,167
High Rise (8 or more): $2,067,263
Low Rise (1-3 Floors): $450,845
ManufacturedHouse: $210,864
Townhouse: $391,778
Townhouse,Duplex: $499,450
Villa Attached: $550,258
Villa Detached: $1,449,260

Average Selling Price

Single Family: $825,688
Duplex: $511,083
High Rise (8 or more): $1,931,756
Low Rise (1-3 Floors): $427,219
ManufacturedHouse: $195,825
Townhouse: $376,114
Townhouse,Duplex: $485,000
Villa Attached: $525,014
Villa Detached: $1,371,627

Selling vs Asking Price

Single Family: -5.26%
Duplex: -14.98%
High Rise (8 or more): -6.55%
Low Rise (1-3 Floors): -5.24%
ManufacturedHouse: -7.13%
Townhouse: -4%
Townhouse,Duplex: -2.89%
Villa Attached: -4.59%
Villa Detached: -5.36%

Avg. Days On Market

Single Family: 78
Duplex: 47
High Rise (8 or more): 111
Low Rise (1-3 Floors): 91
ManufacturedHouse: 101
Townhouse: 78
Townhouse,Duplex: 72
Villa Attached: 79
Villa Detached: 45

* 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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