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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: 11671
High Rise (8 or more): 986
Low Rise (1-3 Floors): 3495
ManufacturedHouse: 674
Mid Rise (4-7 Floors): 931
Townhouse: 503
Villa Attached: 800
Villa Detached: 45

Avg. Asking Price

Single Family: $1,086,772
High Rise (8 or more): $1,696,715
Low Rise (1-3 Floors): $446,089
ManufacturedHouse: $236,807
Mid Rise (4-7 Floors): $1,128,359
Townhouse: $342,910
Villa Attached: $452,428
Villa Detached: $954,516

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: $1162
High Rise (8 or more): $728
Low Rise (1-3 Floors): $304
ManufacturedHouse: $1105
Mid Rise (4-7 Floors): $511
Townhouse: $212
Villa Attached: $280
Villa Detached: $401

Sold Properties

Average Asking Price

ManufacturedHouse: $188,361
High Rise (8 or more): $1,810,773
Low Rise (1-3 Floors): $417,176
Mid Rise (4-7 Floors): $671,250
Villa Attached: $490,786
Single Family: $819,186
Villa Detached: $957,148
Townhouse: $344,728

Average Selling Price

ManufacturedHouse: $176,523
High Rise (8 or more): $1,683,675
Low Rise (1-3 Floors): $392,832
Mid Rise (4-7 Floors): $631,536
Villa Attached: $468,131
Single Family: $772,804
Villa Detached: $896,460
Townhouse: $325,899

Selling vs Asking Price

ManufacturedHouse: -6.28%
High Rise (8 or more): -7.02%
Low Rise (1-3 Floors): -5.84%
Mid Rise (4-7 Floors): -5.92%
Villa Attached: -4.62%
Single Family: -5.66%
Villa Detached: -6.34%
Townhouse: -5.46%

Avg. Days On Market

Single Family: 84
High Rise (8 or more): 144
Low Rise (1-3 Floors): 109
ManufacturedHouse: 114
Mid Rise (4-7 Floors): 123
Townhouse: 94
Villa Attached: 90
Villa Detached: 134

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