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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: 13586Duplex: 23
High Rise (8 or more): 1043
Low Rise (1-3 Floors): 3988
LowRise,Duplex: 11
ManufacturedHouse: 809
Townhouse: 534
Townhouse,Duplex: 6
Villa Attached: 968
Villa Detached: 46
Avg. Asking Price
Single Family: $1,034,675Duplex: $808,678
High Rise (8 or more): $1,748,384
Low Rise (1-3 Floors): $475,193
LowRise,Duplex: $840,764
ManufacturedHouse: $216,982
Townhouse: $352,800
Townhouse,Duplex: $511,667
Villa Attached: $486,771
Villa Detached: $963,920
Avg. Beds & baths
Single Family: 3/2Duplex: 3/2
High Rise (8 or more): 2/2
Low Rise (1-3 Floors): 2/2
LowRise,Duplex: 2/2
ManufacturedHouse: 2/2
Townhouse: 3/2
Townhouse,Duplex: 3/3
Villa Attached: 2/2
Villa Detached: 3/2
Avg. Asking Price Per Sqft
Single Family: $474Duplex: $475
High Rise (8 or more): $742
Low Rise (1-3 Floors): $314
LowRise,Duplex: $598
ManufacturedHouse: $204
Townhouse: $217
Townhouse,Duplex: $339
Villa Attached: $297
Villa Detached: $417
Sold Properties
Average Asking Price
Low Rise (1-3 Floors): $394,931High Rise (8 or more): $1,326,969
Single Family: $711,882
Duplex: $569,406
ManufacturedHouse: $190,786
Villa Attached: $484,456
Villa Detached: $1,247,575
Townhouse: $340,345
Townhouse,Duplex: $588,725
Average Selling Price
Low Rise (1-3 Floors): $368,330High Rise (8 or more): $1,224,685
Single Family: $665,547
Duplex: $555,556
ManufacturedHouse: $175,417
Villa Attached: $453,603
Villa Detached: $1,177,292
Townhouse: $323,864
Townhouse,Duplex: $561,750
Selling vs Asking Price
Low Rise (1-3 Floors): -6.74%High Rise (8 or more): -7.71%
Single Family: -6.51%
Duplex: -2.43%
ManufacturedHouse: -8.06%
Villa Attached: -6.37%
Villa Detached: -5.63%
Townhouse: -4.84%
Townhouse,Duplex: -4.58%
Avg. Days On Market
Single Family: 90Duplex: 112
High Rise (8 or more): 142
Low Rise (1-3 Floors): 109
LowRise,Duplex: 83
ManufacturedHouse: 115
Townhouse: 96
Townhouse,Duplex: 138
Villa Attached: 104
Villa Detached: 95
* These market statistics are not guaranteed to be accurate. The statistics are meant only as an estimate. Contact your agent for more detailed statistics.