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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: 13322
High Rise (8 or more): 1238
Low Rise (1-3 Floors): 4458
ManufacturedHouse: 776
Mid Rise (4-7 Floors): 1163
Townhouse: 573
Villa Attached: 1006
Villa Detached: 51

Avg. Asking Price

Single Family: $1,152,085
High Rise (8 or more): $1,766,859
Low Rise (1-3 Floors): $473,615
ManufacturedHouse: $239,566
Mid Rise (4-7 Floors): $943,078
Townhouse: $371,270
Villa Attached: $499,571
Villa Detached: $1,007,135

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): $736
Low Rise (1-3 Floors): $313
ManufacturedHouse: $992
Mid Rise (4-7 Floors): $496
Townhouse: $225
Villa Attached: $299
Villa Detached: $438

Sold Properties

Average Asking Price

ManufacturedHouse: $194,260
Low Rise (1-3 Floors): $430,263
Mid Rise (4-7 Floors): $623,028
High Rise (8 or more): $2,010,584
Villa Attached: $512,870
Single Family: $857,594
Townhouse: $344,222
Villa Detached: $1,151,431

Average Selling Price

ManufacturedHouse: $180,533
Low Rise (1-3 Floors): $404,981
Mid Rise (4-7 Floors): $585,292
High Rise (8 or more): $1,873,982
Villa Attached: $489,477
Single Family: $809,158
Townhouse: $329,287
Villa Detached: $1,070,619

Selling vs Asking Price

ManufacturedHouse: -7.07%
Low Rise (1-3 Floors): -5.88%
Mid Rise (4-7 Floors): -6.06%
High Rise (8 or more): -6.79%
Villa Attached: -4.56%
Single Family: -5.65%
Townhouse: -4.34%
Villa Detached: -7.02%

Avg. Days On Market

Single Family: 87
High Rise (8 or more): 124
Low Rise (1-3 Floors): 103
ManufacturedHouse: 108
Mid Rise (4-7 Floors): 114
Townhouse: 98
Villa Attached: 83
Villa Detached: 137

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