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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: 14864
High Rise (8 or more): 1519
Low Rise (1-3 Floors): 5357
ManufacturedHouse: 926
Mid Rise (4-7 Floors): 1440
Townhouse: 648
Villa Attached: 1225
Villa Detached: 65

Avg. Asking Price

Single Family: $1,165,446
High Rise (8 or more): $1,829,807
Low Rise (1-3 Floors): $476,984
ManufacturedHouse: $219,651
Mid Rise (4-7 Floors): $1,066,966
Townhouse: $367,968
Villa Attached: $524,545
Villa Detached: $1,084,457

Avg. Beds & baths

Single Family: 3/3
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: $416
High Rise (8 or more): $748
Low Rise (1-3 Floors): $316
ManufacturedHouse: $201
Mid Rise (4-7 Floors): $527
Townhouse: $232
Villa Attached: $308
Villa Detached: $467

Sold Properties

Average Asking Price

ManufacturedHouse: $188,804
Low Rise (1-3 Floors): $435,647
Mid Rise (4-7 Floors): $651,023
High Rise (8 or more): $1,812,065
Villa Attached: $500,184
Single Family: $884,257
Townhouse: $331,295
Villa Detached: $846,983

Average Selling Price

ManufacturedHouse: $171,937
Low Rise (1-3 Floors): $411,092
Mid Rise (4-7 Floors): $607,104
High Rise (8 or more): $1,693,249
Villa Attached: $475,609
Single Family: $832,998
Townhouse: $315,128
Villa Detached: $764,375

Selling vs Asking Price

ManufacturedHouse: -8.93%
Low Rise (1-3 Floors): -5.64%
Mid Rise (4-7 Floors): -6.75%
High Rise (8 or more): -6.56%
Villa Attached: -4.91%
Single Family: -5.8%
Townhouse: -4.88%
Villa Detached: -9.75%

Avg. Days On Market

Single Family: 86
High Rise (8 or more): 132
Low Rise (1-3 Floors): 99
ManufacturedHouse: 114
Mid Rise (4-7 Floors): 117
Townhouse: 93
Villa Attached: 86
Villa Detached: 110

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