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: 12680
High Rise (8 or more): 1113
Low Rise (1-3 Floors): 4011
ManufacturedHouse: 702
Mid Rise (4-7 Floors): 1067
Townhouse: 549
Villa Attached: 889
Villa Detached: 51

Avg. Asking Price

Single Family: $1,125,121
High Rise (8 or more): $1,731,901
Low Rise (1-3 Floors): $465,718
ManufacturedHouse: $237,669
Mid Rise (4-7 Floors): $942,123
Townhouse: $356,897
Villa Attached: $480,455
Villa Detached: $985,156

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: $400
High Rise (8 or more): $731
Low Rise (1-3 Floors): $310
ManufacturedHouse: $1071
Mid Rise (4-7 Floors): $487
Townhouse: $218
Villa Attached: $291
Villa Detached: $417

Sold Properties

Average Asking Price

ManufacturedHouse: $190,211
Low Rise (1-3 Floors): $436,334
High Rise (8 or more): $1,905,035
Mid Rise (4-7 Floors): $648,027
Villa Attached: $528,264
Single Family: $846,730
Townhouse: $334,009
Villa Detached: $1,121,420

Average Selling Price

ManufacturedHouse: $177,580
Low Rise (1-3 Floors): $410,295
High Rise (8 or more): $1,777,345
Mid Rise (4-7 Floors): $608,559
Villa Attached: $504,372
Single Family: $797,927
Townhouse: $318,999
Villa Detached: $1,052,067

Selling vs Asking Price

ManufacturedHouse: -6.64%
Low Rise (1-3 Floors): -5.97%
High Rise (8 or more): -6.7%
Mid Rise (4-7 Floors): -6.09%
Villa Attached: -4.52%
Single Family: -5.76%
Townhouse: -4.49%
Villa Detached: -6.18%

Avg. Days On Market

Single Family: 84
High Rise (8 or more): 131
Low Rise (1-3 Floors): 103
ManufacturedHouse: 108
Mid Rise (4-7 Floors): 116
Townhouse: 99
Villa Attached: 84
Villa Detached: 141

* 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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