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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: 11231
High Rise (8 or more): 945
Low Rise (1-3 Floors): 3320
ManufacturedHouse: 655
Mid Rise (4-7 Floors): 879
Townhouse: 485
Villa Attached: 772
Villa Detached: 42

Avg. Asking Price

Single Family: $1,048,664
High Rise (8 or more): $1,753,916
Low Rise (1-3 Floors): $449,808
ManufacturedHouse: $214,664
Mid Rise (4-7 Floors): $1,186,718
Townhouse: $351,475
Villa Attached: $457,262
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: $817
High Rise (8 or more): $726
Low Rise (1-3 Floors): $303
ManufacturedHouse: $200
Mid Rise (4-7 Floors): $520
Townhouse: $213
Villa Attached: $281
Villa Detached: $429

Sold Properties

Average Asking Price

ManufacturedHouse: $179,233
Low Rise (1-3 Floors): $383,328
High Rise (8 or more): $1,402,324
Mid Rise (4-7 Floors): $552,461
Villa Attached: $438,646
Single Family: $796,003
Villa Detached: $1,371,325
Townhouse: $340,819

Average Selling Price

ManufacturedHouse: $165,135
Low Rise (1-3 Floors): $359,498
High Rise (8 or more): $1,300,047
Mid Rise (4-7 Floors): $519,063
Villa Attached: $417,729
Single Family: $748,989
Villa Detached: $1,261,667
Townhouse: $323,419

Selling vs Asking Price

ManufacturedHouse: -7.87%
Low Rise (1-3 Floors): -6.22%
High Rise (8 or more): -7.29%
Mid Rise (4-7 Floors): -6.05%
Villa Attached: -4.77%
Single Family: -5.91%
Villa Detached: -8%
Townhouse: -5.11%

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.