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: 15955
Duplex: 41
High Rise (8 or more): 1276
Low Rise (1-3 Floors): 4707
LowRise,Duplex: 13
ManufacturedHouse: 912
Townhouse: 632
Townhouse,Duplex: 10
Villa Attached: 1154
Villa Detached: 65

Avg. Asking Price

Single Family: $1,092,840
Duplex: $798,195
High Rise (8 or more): $1,748,659
Low Rise (1-3 Floors): $467,622
LowRise,Duplex: $834,223
ManufacturedHouse: $223,709
Townhouse: $354,567
Townhouse,Duplex: $653,400
Villa Attached: $508,269
Villa Detached: $869,453

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: $533
Duplex: $426
High Rise (8 or more): $746
Low Rise (1-3 Floors): $317
LowRise,Duplex: $623
ManufacturedHouse: $207
Townhouse: $217
Townhouse,Duplex: $398
Villa Attached: $309
Villa Detached: $414

Sold Properties

Average Asking Price

Low Rise (1-3 Floors): $424,459
High Rise (8 or more): $1,821,810
Single Family: $873,166
LowRise,Duplex: $492,000
Duplex: $469,974
ManufacturedHouse: $185,356
Villa Attached: $504,796
Villa Detached: $1,296,410
Townhouse: $391,761
Townhouse,Duplex: $484,333

Average Selling Price

Low Rise (1-3 Floors): $399,125
High Rise (8 or more): $1,668,624
Single Family: $809,116
LowRise,Duplex: $437,500
Duplex: $438,125
ManufacturedHouse: $170,428
Villa Attached: $478,027
Villa Detached: $1,224,667
Townhouse: $372,886
Townhouse,Duplex: $461,333

Selling vs Asking Price

Low Rise (1-3 Floors): -5.97%
High Rise (8 or more): -8.41%
Single Family: -7.34%
LowRise,Duplex: -11.08%
Duplex: -6.78%
ManufacturedHouse: -8.05%
Villa Attached: -5.3%
Villa Detached: -5.53%
Townhouse: -4.82%
Townhouse,Duplex: -4.75%

Avg. Days On Market

Single Family: 81
Duplex: 41
High Rise (8 or more): 112
Low Rise (1-3 Floors): 91
LowRise,Duplex: 183
ManufacturedHouse: 78
Townhouse: 88
Townhouse,Duplex: 91
Villa Attached: 76
Villa Detached: 81

* 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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