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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: 12991
High Rise (8 or more): 1173
Low Rise (1-3 Floors): 4224
ManufacturedHouse: 755
Mid Rise (4-7 Floors): 1115
Townhouse: 568
Villa Attached: 958
Villa Detached: 53

Avg. Asking Price

Single Family: $1,139,437
High Rise (8 or more): $1,755,321
Low Rise (1-3 Floors): $469,117
ManufacturedHouse: $235,365
Mid Rise (4-7 Floors): $951,920
Townhouse: $366,248
Villa Attached: $497,081
Villa Detached: $980,317

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: $405
High Rise (8 or more): $732
Low Rise (1-3 Floors): $312
ManufacturedHouse: $1009
Mid Rise (4-7 Floors): $496
Townhouse: $223
Villa Attached: $299
Villa Detached: $431

Sold Properties

Average Asking Price

ManufacturedHouse: $193,885
High Rise (8 or more): $1,970,032
Low Rise (1-3 Floors): $431,332
Mid Rise (4-7 Floors): $615,683
Villa Attached: $512,905
Single Family: $852,878
Townhouse: $346,652
Villa Detached: $1,206,924

Average Selling Price

ManufacturedHouse: $180,813
High Rise (8 or more): $1,840,141
Low Rise (1-3 Floors): $405,854
Mid Rise (4-7 Floors): $577,585
Villa Attached: $489,935
Single Family: $804,734
Townhouse: $331,850
Villa Detached: $1,120,372

Selling vs Asking Price

ManufacturedHouse: -6.74%
High Rise (8 or more): -6.59%
Low Rise (1-3 Floors): -5.91%
Mid Rise (4-7 Floors): -6.19%
Villa Attached: -4.48%
Single Family: -5.64%
Townhouse: -4.27%
Villa Detached: -7.17%

Avg. Days On Market

Single Family: 87
High Rise (8 or more): 125
Low Rise (1-3 Floors): 102
ManufacturedHouse: 109
Mid Rise (4-7 Floors): 115
Townhouse: 98
Villa Attached: 83
Villa Detached: 145

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