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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: 15094Duplex: 38
High Rise (8 or more): 1166
Low Rise (1-3 Floors): 4342
LowRise,Duplex: 11
ManufacturedHouse: 861
Townhouse: 582
Townhouse,Duplex: 9
Villa Attached: 1083
Villa Detached: 55
Avg. Asking Price
Single Family: $1,063,236Duplex: $861,413
High Rise (8 or more): $1,677,533
Low Rise (1-3 Floors): $464,799
LowRise,Duplex: $901,627
ManufacturedHouse: $222,828
Townhouse: $358,753
Townhouse,Duplex: $571,556
Villa Attached: $508,858
Villa Detached: $931,532
Avg. Beds & baths
Single Family: 3/2Duplex: 3/2
High Rise (8 or more): 2/2
Low Rise (1-3 Floors): 2/2
LowRise,Duplex: 2/2
ManufacturedHouse: 2/2
Townhouse: 3/2
Townhouse,Duplex: 3/3
Villa Attached: 2/2
Villa Detached: 3/2
Avg. Asking Price Per Sqft
Single Family: $477Duplex: $455
High Rise (8 or more): $737
Low Rise (1-3 Floors): $314
LowRise,Duplex: $673
ManufacturedHouse: $205
Townhouse: $219
Townhouse,Duplex: $347
Villa Attached: $308
Villa Detached: $430
Sold Properties
Average Asking Price
Low Rise (1-3 Floors): $417,782Single Family: $828,119
High Rise (8 or more): $1,899,552
LowRise,Duplex: $417,667
Duplex: $401,256
ManufacturedHouse: $192,676
Villa Attached: $490,184
Villa Detached: $1,193,797
Townhouse: $368,581
Townhouse,Duplex: $484,333
Average Selling Price
Low Rise (1-3 Floors): $391,662Single Family: $766,777
High Rise (8 or more): $1,727,421
LowRise,Duplex: $381,333
Duplex: $367,857
ManufacturedHouse: $175,816
Villa Attached: $462,981
Villa Detached: $1,123,671
Townhouse: $351,145
Townhouse,Duplex: $461,333
Selling vs Asking Price
Low Rise (1-3 Floors): -6.25%Single Family: -7.41%
High Rise (8 or more): -9.06%
LowRise,Duplex: -8.7%
Duplex: -8.32%
ManufacturedHouse: -8.75%
Villa Attached: -5.55%
Villa Detached: -5.87%
Townhouse: -4.73%
Townhouse,Duplex: -4.75%
Avg. Days On Market
Single Family: 96Duplex: 103
High Rise (8 or more): 172
Low Rise (1-3 Floors): 104
LowRise,Duplex: 134
ManufacturedHouse: 124
Townhouse: 76
Townhouse,Duplex: 88
Villa Attached: 88
Villa Detached: 124
* These market statistics are not guaranteed to be accurate. The statistics are meant only as an estimate. Contact your agent for more detailed statistics.