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: 15364
Duplex: 36
High Rise (8 or more): 1221
Low Rise (1-3 Floors): 4504
LowRise,Duplex: 12
ManufacturedHouse: 889
Townhouse: 606
Townhouse,Duplex: 10
Villa Attached: 1124
Villa Detached: 61

Avg. Asking Price

Single Family: $1,089,789
Duplex: $875,269
High Rise (8 or more): $1,744,611
Low Rise (1-3 Floors): $464,989
LowRise,Duplex: $849,992
ManufacturedHouse: $224,767
Townhouse: $356,674
Townhouse,Duplex: $557,900
Villa Attached: $509,321
Villa Detached: $870,735

Avg. Beds & baths

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

Avg. Asking Price Per Sqft

Single Family: $492
Duplex: $459
High Rise (8 or more): $747
Low Rise (1-3 Floors): $314
LowRise,Duplex: $630
ManufacturedHouse: $207
Townhouse: $218
Townhouse,Duplex: $357
Villa Attached: $309
Villa Detached: $413

Sold Properties

Average Asking Price

Low Rise (1-3 Floors): $426,399
Single Family: $846,798
High Rise (8 or more): $1,847,021
LowRise,Duplex: $492,000
Duplex: $466,114
ManufacturedHouse: $186,752
Villa Attached: $488,278
Villa Detached: $1,243,952
Townhouse: $384,103
Townhouse,Duplex: $484,333

Average Selling Price

Low Rise (1-3 Floors): $400,188
Single Family: $785,902
High Rise (8 or more): $1,684,238
LowRise,Duplex: $437,500
Duplex: $436,429
ManufacturedHouse: $171,265
Villa Attached: $462,627
Villa Detached: $1,173,495
Townhouse: $366,417
Townhouse,Duplex: $461,333

Selling vs Asking Price

Low Rise (1-3 Floors): -6.15%
Single Family: -7.19%
High Rise (8 or more): -8.81%
LowRise,Duplex: -11.08%
Duplex: -6.37%
ManufacturedHouse: -8.29%
Villa Attached: -5.25%
Villa Detached: -5.66%
Townhouse: -4.6%
Townhouse,Duplex: -4.75%

Avg. Days On Market

Single Family: 83
Duplex: 46
High Rise (8 or more): 118
Low Rise (1-3 Floors): 93
LowRise,Duplex: 231
ManufacturedHouse: 98
Townhouse: 91
Townhouse,Duplex: 91
Villa Attached: 79
Villa Detached: 88

* 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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