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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: 19559Duplex: 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: $1,195,830Duplex: $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: 3/2Duplex: 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: $485Duplex: $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: $871,567Duplex: $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: $825,688Duplex: $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: 78Duplex: 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.