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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: 14874
High Rise (8 or more): 1523
Low Rise (1-3 Floors): 5359
ManufacturedHouse: 873
Mid Rise (4-7 Floors): 1444
Townhouse: 654
Villa Attached: 1207
Villa Detached: 66

Avg. Asking Price

Single Family: $1,168,277
High Rise (8 or more): $1,798,665
Low Rise (1-3 Floors): $472,793
ManufacturedHouse: $218,093
Mid Rise (4-7 Floors): $1,031,674
Townhouse: $361,931
Villa Attached: $534,916
Villa Detached: $1,115,125

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: $415
High Rise (8 or more): $742
Low Rise (1-3 Floors): $313
ManufacturedHouse: $202
Mid Rise (4-7 Floors): $514
Townhouse: $231
Villa Attached: $313
Villa Detached: $470

Sold Properties

Average Asking Price

ManufacturedHouse: $193,916
Low Rise (1-3 Floors): $430,583
High Rise (8 or more): $1,914,439
Mid Rise (4-7 Floors): $651,265
Villa Attached: $461,601
Townhouse: $352,740
Single Family: $896,273
Villa Detached: $1,255,095

Average Selling Price

ManufacturedHouse: $178,325
Low Rise (1-3 Floors): $406,190
High Rise (8 or more): $1,786,807
Mid Rise (4-7 Floors): $610,752
Villa Attached: $439,127
Townhouse: $336,707
Single Family: $844,477
Villa Detached: $1,151,646

Selling vs Asking Price

ManufacturedHouse: -8.04%
Low Rise (1-3 Floors): -5.67%
High Rise (8 or more): -6.67%
Mid Rise (4-7 Floors): -6.22%
Villa Attached: -4.87%
Townhouse: -4.55%
Single Family: -5.78%
Villa Detached: -8.24%

Avg. Days On Market

Single Family: 87
High Rise (8 or more): 125
Low Rise (1-3 Floors): 98
ManufacturedHouse: 110
Mid Rise (4-7 Floors): 109
Townhouse: 87
Villa Attached: 87
Villa Detached: 140

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