Coconut Grove
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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: 14883High Rise (8 or more): 1505
Low Rise (1-3 Floors): 5366
ManufacturedHouse: 933
Mid Rise (4-7 Floors): 1451
Townhouse: 641
Villa Attached: 1231
Villa Detached: 65
Avg. Asking Price
Single Family: $1,143,921High Rise (8 or more): $1,839,220
Low Rise (1-3 Floors): $477,418
ManufacturedHouse: $219,130
Mid Rise (4-7 Floors): $1,065,399
Townhouse: $368,164
Villa Attached: $521,915
Villa Detached: $1,051,995
Avg. Beds & baths
Single Family: 3/3High 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: $415High Rise (8 or more): $749
Low Rise (1-3 Floors): $316
ManufacturedHouse: $200
Mid Rise (4-7 Floors): $528
Townhouse: $232
Villa Attached: $307
Villa Detached: $463
Sold Properties
Average Asking Price
ManufacturedHouse: $185,301Low Rise (1-3 Floors): $434,721
Mid Rise (4-7 Floors): $662,842
High Rise (8 or more): $1,812,281
Villa Attached: $503,156
Single Family: $889,598
Townhouse: $329,816
Villa Detached: $879,138
Average Selling Price
ManufacturedHouse: $168,905Low Rise (1-3 Floors): $410,151
Mid Rise (4-7 Floors): $617,576
High Rise (8 or more): $1,691,538
Villa Attached: $478,585
Single Family: $837,967
Townhouse: $313,808
Villa Detached: $804,038
Selling vs Asking Price
ManufacturedHouse: -8.85%Low Rise (1-3 Floors): -5.65%
Mid Rise (4-7 Floors): -6.83%
High Rise (8 or more): -6.66%
Villa Attached: -4.88%
Single Family: -5.8%
Townhouse: -4.85%
Villa Detached: -8.54%
Avg. Days On Market
Single Family: 86High Rise (8 or more): 133
Low Rise (1-3 Floors): 98
ManufacturedHouse: 117
Mid Rise (4-7 Floors): 117
Townhouse: 96
Villa Attached: 86
Villa Detached: 108
Avg. Selling Price Per Sqft
ManufacturedHouse: $154Low Rise (1-3 Floors): $264
Mid Rise (4-7 Floors): $392
High Rise (8 or more): $716
Villa Attached: $280
Single Family: $332
Townhouse: $186
Villa Detached: $357
Choose Community Market History Chart (Past 90 Days):
* These market statistics are not guaranteed to be accurate and are meant only as an estimate. Statistics for Properties are based on the previous 90 days. Contact your agent for more detailed market information.