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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: 11225
High Rise (8 or more): 944
Low Rise (1-3 Floors): 3319
ManufacturedHouse: 655
Mid Rise (4-7 Floors): 875
Townhouse: 485
Villa Attached: 774
Villa Detached: 42

Avg. Asking Price

Single Family: $1,049,462
High Rise (8 or more): $1,754,502
Low Rise (1-3 Floors): $449,918
ManufacturedHouse: $214,406
Mid Rise (4-7 Floors): $1,190,211
Townhouse: $351,846
Villa Attached: $457,742
Villa Detached: $997,524

Avg. Beds & baths

Single Family: 3/2
High Rise (8 or more): 3/2
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: $818
High Rise (8 or more): $726
Low Rise (1-3 Floors): $303
ManufacturedHouse: $199
Mid Rise (4-7 Floors): $521
Townhouse: $213
Villa Attached: $281
Villa Detached: $429

Sold Properties

Average Asking Price

ManufacturedHouse: $180,118
Low Rise (1-3 Floors): $383,431
High Rise (8 or more): $1,402,324
Mid Rise (4-7 Floors): $552,461
Villa Attached: $438,202
Single Family: $794,883
Villa Detached: $1,371,325
Townhouse: $340,325

Average Selling Price

ManufacturedHouse: $165,956
Low Rise (1-3 Floors): $359,620
High Rise (8 or more): $1,300,047
Mid Rise (4-7 Floors): $519,063
Villa Attached: $417,255
Single Family: $747,864
Villa Detached: $1,261,667
Townhouse: $322,839

Selling vs Asking Price

ManufacturedHouse: -7.86%
Low Rise (1-3 Floors): -6.21%
High Rise (8 or more): -7.29%
Mid Rise (4-7 Floors): -6.05%
Villa Attached: -4.78%
Single Family: -5.92%
Villa Detached: -8%
Townhouse: -5.14%

Avg. Days On Market

Single Family: 86
High Rise (8 or more): 153
Low Rise (1-3 Floors): 118
ManufacturedHouse: 117
Mid Rise (4-7 Floors): 130
Townhouse: 79
Villa Attached: 91
Villa Detached: 93

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