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: 14889
High Rise (8 or more): 1526
Low Rise (1-3 Floors): 5366
ManufacturedHouse: 876
Mid Rise (4-7 Floors): 1441
Townhouse: 654
Villa Attached: 1204
Villa Detached: 65

Avg. Asking Price

Single Family: $1,170,032
High Rise (8 or more): $1,799,381
Low Rise (1-3 Floors): $472,662
ManufacturedHouse: $234,979
Mid Rise (4-7 Floors): $1,034,382
Townhouse: $363,013
Villa Attached: $536,090
Villa Detached: $1,125,743

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: $416
High Rise (8 or more): $743
Low Rise (1-3 Floors): $313
ManufacturedHouse: $216
Mid Rise (4-7 Floors): $516
Townhouse: $231
Villa Attached: $313
Villa Detached: $474

Sold Properties

Average Asking Price

ManufacturedHouse: $194,403
High Rise (8 or more): $1,912,100
Low Rise (1-3 Floors): $429,617
Mid Rise (4-7 Floors): $649,378
Villa Attached: $464,167
Single Family: $900,514
Townhouse: $351,368
Villa Detached: $1,213,590

Average Selling Price

ManufacturedHouse: $178,748
High Rise (8 or more): $1,784,460
Low Rise (1-3 Floors): $405,383
Mid Rise (4-7 Floors): $608,859
Villa Attached: $441,691
Single Family: $848,073
Townhouse: $335,425
Villa Detached: $1,112,614

Selling vs Asking Price

ManufacturedHouse: -8.05%
High Rise (8 or more): -6.68%
Low Rise (1-3 Floors): -5.64%
Mid Rise (4-7 Floors): -6.24%
Villa Attached: -4.84%
Single Family: -5.82%
Townhouse: -4.54%
Villa Detached: -8.32%

Avg. Days On Market

Single Family: 88
High Rise (8 or more): 123
Low Rise (1-3 Floors): 99
ManufacturedHouse: 109
Mid Rise (4-7 Floors): 109
Townhouse: 90
Villa Attached: 86
Villa Detached: 136

* 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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