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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: 11770
Duplex: 11
High Rise (8 or more): 1045
Low Rise (1-3 Floors): 3733
Manufactured House: 501
ManufacturedHouse: 208
Mid Rise (4-7 Floors): 1059
Townhouse: 482
Villa Attached: 842
Villa Detached: 59

Avg. Asking Price

Single Family: $1,096,410
Duplex: $807,763
High Rise (8 or more): $1,912,021
Low Rise (1-3 Floors): $452,289
Manufactured House: $210,953
ManufacturedHouse: $233,371
Mid Rise (4-7 Floors): $1,210,577
Townhouse: $376,001
Villa Attached: $505,538
Villa Detached: $1,178,005

Avg. Beds & baths

Single Family: 3/2
Duplex: 3/2
High Rise (8 or more): 3/2
Low Rise (1-3 Floors): 2/2
Manufactured House: 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: $809
Duplex: $330
High Rise (8 or more): $758
Low Rise (1-3 Floors): $304
Manufactured House: $197
ManufacturedHouse: $227
Mid Rise (4-7 Floors): $532
Townhouse: $221
Villa Attached: $299
Villa Detached: $483

Sold Properties

Average Asking Price

ManufacturedHouse: $187,759
High Rise (8 or more): $1,561,620
Low Rise (1-3 Floors): $376,494
Mid Rise (4-7 Floors): $559,841
Villa Attached: $410,521
Single Family: $800,022
Duplex: $275,900
Villa Detached: $1,164,224
Manufactured House: $183,299
Townhouse: $327,627

Average Selling Price

ManufacturedHouse: $171,419
High Rise (8 or more): $1,444,492
Low Rise (1-3 Floors): $355,135
Mid Rise (4-7 Floors): $522,827
Villa Attached: $393,521
Single Family: $754,349
Duplex: $270,000
Villa Detached: $1,077,875
Manufactured House: $172,396
Townhouse: $313,695

Selling vs Asking Price

ManufacturedHouse: -8.7%
High Rise (8 or more): -7.5%
Low Rise (1-3 Floors): -5.67%
Mid Rise (4-7 Floors): -6.61%
Villa Attached: -4.14%
Single Family: -5.71%
Duplex: -2.14%
Villa Detached: -7.42%
Manufactured House: -5.95%
Townhouse: -4.25%

Avg. Days On Market

Single Family: 87
Duplex: 283
High Rise (8 or more): 137
Low Rise (1-3 Floors): 111
Manufactured House: 80
ManufacturedHouse: 109
Mid Rise (4-7 Floors): 117
Townhouse: 79
Villa Attached: 89
Villa Detached: 76

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