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: 11353
Duplex: 8
High Rise (8 or more): 958
Low Rise (1-3 Floors): 3418
Manufactured House: 238
ManufacturedHouse: 434
Mid Rise (4-7 Floors): 909
Townhouse: 477
Villa Attached: 800
Villa Detached: 48

Avg. Asking Price

Single Family: $1,063,242
Duplex: $516,050
High Rise (8 or more): $1,879,150
Low Rise (1-3 Floors): $445,677
Manufactured House: $201,096
ManufacturedHouse: $219,160
Mid Rise (4-7 Floors): $1,216,625
Townhouse: $361,031
Villa Attached: $458,214
Villa Detached: $930,977

Avg. Beds & baths

Single Family: 3/2
Duplex: 3/2
High Rise (8 or more): 3/2
Low Rise (1-3 Floors): 2/2
Manufactured House: 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: $816
Duplex: $266
High Rise (8 or more): $750
Low Rise (1-3 Floors): $301
Manufactured House: $184
ManufacturedHouse: $208
Mid Rise (4-7 Floors): $525
Townhouse: $217
Villa Attached: $283
Villa Detached: $424

Sold Properties

Average Asking Price

ManufacturedHouse: $176,018
High Rise (8 or more): $1,393,655
Mid Rise (4-7 Floors): $571,671
Low Rise (1-3 Floors): $381,176
Villa Attached: $435,808
Single Family: $809,709
Manufactured House: $177,142
Villa Detached: $1,407,992
Townhouse: $323,444

Average Selling Price

ManufacturedHouse: $161,917
High Rise (8 or more): $1,277,447
Mid Rise (4-7 Floors): $533,723
Low Rise (1-3 Floors): $358,203
Villa Attached: $415,945
Single Family: $761,445
Manufactured House: $168,370
Villa Detached: $1,302,625
Townhouse: $308,627

Selling vs Asking Price

ManufacturedHouse: -8.01%
High Rise (8 or more): -8.34%
Mid Rise (4-7 Floors): -6.64%
Low Rise (1-3 Floors): -6.03%
Villa Attached: -4.56%
Single Family: -5.96%
Manufactured House: -4.95%
Villa Detached: -7.48%
Townhouse: -4.58%

Avg. Days On Market

Single Family: 87
High Rise (8 or more): 147
Low Rise (1-3 Floors): 118
Manufactured House: 60
ManufacturedHouse: 114
Mid Rise (4-7 Floors): 128
Townhouse: 75
Villa Attached: 91
Villa Detached: 84

* 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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