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: 11559
High Rise (8 or more): 977
Low Rise (1-3 Floors): 3455
ManufacturedHouse: 684
Mid Rise (4-7 Floors): 915
Townhouse: 506
Villa Attached: 777
Villa Detached: 42

Avg. Asking Price

Single Family: $1,084,165
High Rise (8 or more): $1,721,411
Low Rise (1-3 Floors): $456,643
ManufacturedHouse: $237,764
Mid Rise (4-7 Floors): $1,117,282
Townhouse: $344,441
Villa Attached: $448,701
Villa Detached: $962,838

Avg. Beds & baths

Single Family: 3/2
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: $1168
High Rise (8 or more): $726
Low Rise (1-3 Floors): $305
ManufacturedHouse: $1093
Mid Rise (4-7 Floors): $506
Townhouse: $213
Villa Attached: $279
Villa Detached: $403

Sold Properties

Average Asking Price

ManufacturedHouse: $186,453
High Rise (8 or more): $1,749,893
Low Rise (1-3 Floors): $414,379
Mid Rise (4-7 Floors): $669,925
Villa Attached: $469,251
Single Family: $819,251
Villa Detached: $833,790
Townhouse: $342,411

Average Selling Price

ManufacturedHouse: $174,691
High Rise (8 or more): $1,624,021
Low Rise (1-3 Floors): $389,320
Mid Rise (4-7 Floors): $630,979
Villa Attached: $448,207
Single Family: $772,811
Villa Detached: $771,875
Townhouse: $324,285

Selling vs Asking Price

ManufacturedHouse: -6.31%
High Rise (8 or more): -7.19%
Low Rise (1-3 Floors): -6.05%
Mid Rise (4-7 Floors): -5.81%
Villa Attached: -4.48%
Single Family: -5.67%
Villa Detached: -7.43%
Townhouse: -5.29%

Avg. Days On Market

Single Family: 84
High Rise (8 or more): 144
Low Rise (1-3 Floors): 111
ManufacturedHouse: 116
Mid Rise (4-7 Floors): 123
Townhouse: 91
Villa Attached: 90
Villa Detached: 141

* 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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