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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: 15047High Rise (8 or more): 1525
Low Rise (1-3 Floors): 5401
ManufacturedHouse: 953
Mid Rise (4-7 Floors): 1470
Townhouse: 644
Villa Attached: 1257
Villa Detached: 67
Avg. Asking Price
Single Family: $1,144,834High Rise (8 or more): $1,827,235
Low Rise (1-3 Floors): $473,672
ManufacturedHouse: $219,912
Mid Rise (4-7 Floors): $1,059,923
Townhouse: $368,448
Villa Attached: $528,742
Villa Detached: $1,068,137
Avg. Beds & baths
Single Family: 3/3High 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: $411High Rise (8 or more): $748
Low Rise (1-3 Floors): $314
ManufacturedHouse: $201
Mid Rise (4-7 Floors): $528
Townhouse: $232
Villa Attached: $310
Villa Detached: $464
Sold Properties
Average Asking Price
ManufacturedHouse: $183,432High Rise (8 or more): $1,800,281
Mid Rise (4-7 Floors): $658,716
Low Rise (1-3 Floors): $434,107
Villa Attached: $475,521
Single Family: $873,605
Villa Detached: $844,557
Townhouse: $330,340
Average Selling Price
ManufacturedHouse: $166,701High Rise (8 or more): $1,677,389
Mid Rise (4-7 Floors): $614,657
Low Rise (1-3 Floors): $409,789
Villa Attached: $452,874
Single Family: $823,015
Villa Detached: $773,179
Townhouse: $314,721
Selling vs Asking Price
ManufacturedHouse: -9.12%High Rise (8 or more): -6.83%
Mid Rise (4-7 Floors): -6.69%
Low Rise (1-3 Floors): -5.6%
Villa Attached: -4.76%
Single Family: -5.79%
Villa Detached: -8.45%
Townhouse: -4.73%
Avg. Days On Market
Single Family: 87High Rise (8 or more): 137
Low Rise (1-3 Floors): 100
ManufacturedHouse: 126
Mid Rise (4-7 Floors): 117
Townhouse: 89
Villa Attached: 85
Villa Detached: 89
* These market statistics are not guaranteed to be accurate. The statistics are meant only as an estimate. Contact your agent for more detailed statistics.