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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: 12809
High Rise (8 or more): 1114
Low Rise (1-3 Floors): 4093
ManufacturedHouse: 714
Mid Rise (4-7 Floors): 1077
Townhouse: 547
Villa Attached: 905
Villa Detached: 52

Avg. Asking Price

Single Family: $1,120,316
High Rise (8 or more): $1,753,375
Low Rise (1-3 Floors): $467,484
ManufacturedHouse: $237,182
Mid Rise (4-7 Floors): $941,070
Townhouse: $359,429
Villa Attached: $484,459
Villa Detached: $982,634

Avg. Beds & baths

Single Family: 3/2
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: $400
High Rise (8 or more): $732
Low Rise (1-3 Floors): $311
ManufacturedHouse: $1056
Mid Rise (4-7 Floors): $488
Townhouse: $218
Villa Attached: $293
Villa Detached: $419

Sold Properties

Average Asking Price

ManufacturedHouse: $191,346
Low Rise (1-3 Floors): $436,752
High Rise (8 or more): $1,914,218
Mid Rise (4-7 Floors): $638,165
Villa Attached: $522,922
Single Family: $853,857
Townhouse: $338,920
Villa Detached: $1,140,986

Average Selling Price

ManufacturedHouse: $178,608
Low Rise (1-3 Floors): $410,577
High Rise (8 or more): $1,785,698
Mid Rise (4-7 Floors): $598,878
Villa Attached: $499,677
Single Family: $804,853
Townhouse: $322,836
Villa Detached: $1,070,138

Selling vs Asking Price

ManufacturedHouse: -6.66%
Low Rise (1-3 Floors): -5.99%
High Rise (8 or more): -6.71%
Mid Rise (4-7 Floors): -6.16%
Villa Attached: -4.45%
Single Family: -5.74%
Townhouse: -4.75%
Villa Detached: -6.21%

Avg. Days On Market

Single Family: 85
High Rise (8 or more): 131
Low Rise (1-3 Floors): 101
ManufacturedHouse: 106
Mid Rise (4-7 Floors): 116
Townhouse: 106
Villa Attached: 84
Villa Detached: 141

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