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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: 14888
High Rise (8 or more): 1527
Low Rise (1-3 Floors): 5365
ManufacturedHouse: 877
Mid Rise (4-7 Floors): 1441
Townhouse: 654
Villa Attached: 1203
Villa Detached: 65

Avg. Asking Price

Single Family: $1,170,269
High Rise (8 or more): $1,799,140
Low Rise (1-3 Floors): $472,907
ManufacturedHouse: $234,796
Mid Rise (4-7 Floors): $1,034,468
Townhouse: $363,017
Villa Attached: $536,079
Villa Detached: $1,125,743

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: $416
High Rise (8 or more): $743
Low Rise (1-3 Floors): $313
ManufacturedHouse: $216
Mid Rise (4-7 Floors): $516
Townhouse: $231
Villa Attached: $313
Villa Detached: $474

Sold Properties

Average Asking Price

ManufacturedHouse: $194,814
High Rise (8 or more): $1,914,403
Mid Rise (4-7 Floors): $649,378
Low Rise (1-3 Floors): $429,275
Villa Attached: $464,167
Single Family: $900,974
Townhouse: $351,368
Villa Detached: $1,213,590

Average Selling Price

ManufacturedHouse: $179,105
High Rise (8 or more): $1,786,734
Mid Rise (4-7 Floors): $608,859
Low Rise (1-3 Floors): $405,014
Villa Attached: $441,691
Single Family: $848,491
Townhouse: $335,425
Villa Detached: $1,112,614

Selling vs Asking Price

ManufacturedHouse: -8.06%
High Rise (8 or more): -6.67%
Mid Rise (4-7 Floors): -6.24%
Low Rise (1-3 Floors): -5.65%
Villa Attached: -4.84%
Single Family: -5.83%
Townhouse: -4.54%
Villa Detached: -8.32%

Avg. Days On Market

Single Family: 88
High Rise (8 or more): 123
Low Rise (1-3 Floors): 99
ManufacturedHouse: 110
Mid Rise (4-7 Floors): 109
Townhouse: 90
Villa Attached: 86
Villa Detached: 136

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