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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: 13907
High Rise (8 or more): 1343
Low Rise (1-3 Floors): 4751
ManufacturedHouse: 804
Mid Rise (4-7 Floors): 1231
Townhouse: 586
Villa Attached: 1067
Villa Detached: 61

Avg. Asking Price

Single Family: $1,152,359
High Rise (8 or more): $1,807,217
Low Rise (1-3 Floors): $475,829
ManufacturedHouse: $240,949
Mid Rise (4-7 Floors): $963,594
Townhouse: $374,525
Villa Attached: $507,049
Villa Detached: $1,066,863

Avg. Beds & baths

Single Family: 3/3
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: $409
High Rise (8 or more): $744
Low Rise (1-3 Floors): $313
ManufacturedHouse: $966
Mid Rise (4-7 Floors): $507
Townhouse: $226
Villa Attached: $302
Villa Detached: $437

Sold Properties

Average Asking Price

ManufacturedHouse: $192,325
Low Rise (1-3 Floors): $427,960
High Rise (8 or more): $1,939,701
Mid Rise (4-7 Floors): $590,738
Villa Attached: $528,967
Single Family: $875,371
Townhouse: $340,543
Villa Detached: $1,349,052

Average Selling Price

ManufacturedHouse: $178,084
Low Rise (1-3 Floors): $403,359
High Rise (8 or more): $1,816,733
Mid Rise (4-7 Floors): $553,112
Villa Attached: $504,005
Single Family: $824,828
Townhouse: $325,191
Villa Detached: $1,266,596

Selling vs Asking Price

ManufacturedHouse: -7.4%
Low Rise (1-3 Floors): -5.75%
High Rise (8 or more): -6.34%
Mid Rise (4-7 Floors): -6.37%
Villa Attached: -4.72%
Single Family: -5.77%
Townhouse: -4.51%
Villa Detached: -6.11%

Avg. Days On Market

Single Family: 87
High Rise (8 or more): 123
Low Rise (1-3 Floors): 101
ManufacturedHouse: 104
Mid Rise (4-7 Floors): 115
Townhouse: 100
Villa Attached: 85
Villa Detached: 128

* These market statistics are not guaranteed to be accurate. The statistics are meant only as an estimate. Contact your agent for more detailed statistics.