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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: 11543
High Rise (8 or more): 977
Low Rise (1-3 Floors): 3447
ManufacturedHouse: 681
Mid Rise (4-7 Floors): 914
Townhouse: 506
Villa Attached: 776
Villa Detached: 42

Avg. Asking Price

Single Family: $1,084,555
High Rise (8 or more): $1,721,339
Low Rise (1-3 Floors): $455,953
ManufacturedHouse: $237,995
Mid Rise (4-7 Floors): $1,117,803
Townhouse: $344,629
Villa Attached: $447,966
Villa Detached: $962,838

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: $1170
High Rise (8 or more): $726
Low Rise (1-3 Floors): $305
ManufacturedHouse: $1097
Mid Rise (4-7 Floors): $507
Townhouse: $213
Villa Attached: $279
Villa Detached: $403

Sold Properties

Average Asking Price

ManufacturedHouse: $185,920
High Rise (8 or more): $1,754,954
Low Rise (1-3 Floors): $413,931
Mid Rise (4-7 Floors): $669,880
Villa Attached: $469,820
Single Family: $816,091
Villa Detached: $827,726
Townhouse: $341,220

Average Selling Price

ManufacturedHouse: $174,373
High Rise (8 or more): $1,629,022
Low Rise (1-3 Floors): $389,051
Mid Rise (4-7 Floors): $630,937
Villa Attached: $448,714
Single Family: $769,512
Villa Detached: $765,921
Townhouse: $323,092

Selling vs Asking Price

ManufacturedHouse: -6.21%
High Rise (8 or more): -7.18%
Low Rise (1-3 Floors): -6.01%
Mid Rise (4-7 Floors): -5.81%
Villa Attached: -4.49%
Single Family: -5.71%
Villa Detached: -7.47%
Townhouse: -5.31%

Avg. Days On Market

Single Family: 84
High Rise (8 or more): 144
Low Rise (1-3 Floors): 111
ManufacturedHouse: 116
Mid Rise (4-7 Floors): 123
Townhouse: 90
Villa Attached: 90
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.