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: 15626
Duplex: 37
High Rise (8 or more): 1164
Low Rise (1-3 Floors): 4405
LowRise,Duplex: 12
ManufacturedHouse: 894
Townhouse: 579
Townhouse,Duplex: 10
Villa Attached: 1095
Villa Detached: 53

Avg. Asking Price

Single Family: $1,049,137
Duplex: $794,405
High Rise (8 or more): $1,671,691
Low Rise (1-3 Floors): $464,942
LowRise,Duplex: $876,000
ManufacturedHouse: $220,280
Townhouse: $355,093
Townhouse,Duplex: $611,490
Villa Attached: $497,743
Villa Detached: $951,047

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: 3/3
Villa Attached: 2/2
Villa Detached: 3/2

Avg. Asking Price Per Sqft

Single Family: $471
Duplex: $442
High Rise (8 or more): $736
Low Rise (1-3 Floors): $313
LowRise,Duplex: $617
ManufacturedHouse: $202
Townhouse: $219
Townhouse,Duplex: $355
Villa Attached: $302
Villa Detached: $439

Sold Properties

Average Asking Price

Low Rise (1-3 Floors): $395,413
Single Family: $759,360
High Rise (8 or more): $1,502,861
LowRise,Duplex: $284,000
Duplex: $288,425
ManufacturedHouse: $199,938
Villa Attached: $478,881
Villa Detached: $1,070,750
Townhouse: $356,249
Townhouse,Duplex: $522,000

Average Selling Price

Low Rise (1-3 Floors): $370,689
Single Family: $709,486
High Rise (8 or more): $1,365,596
LowRise,Duplex: $252,000
Duplex: $261,250
ManufacturedHouse: $182,687
Villa Attached: $450,439
Villa Detached: $1,012,233
Townhouse: $338,459
Townhouse,Duplex: $497,000

Selling vs Asking Price

Low Rise (1-3 Floors): -6.25%
Single Family: -6.57%
High Rise (8 or more): -9.13%
LowRise,Duplex: -11.27%
Duplex: -9.42%
ManufacturedHouse: -8.63%
Villa Attached: -5.94%
Villa Detached: -5.47%
Townhouse: -4.99%
Townhouse,Duplex: -4.79%

Avg. Days On Market

Single Family: 83
Duplex: 101
High Rise (8 or more): 138
HighRise,Duplex: 179
Low Rise (1-3 Floors): 90
LowRise,Duplex: 88
ManufacturedHouse: 95
ManufacturedHouse,Duplex: 12
Townhouse: 74
Townhouse,Duplex: 86
Villa Attached: 79
Villa Detached: 110

* 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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