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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: 13606High Rise (8 or more): 1273
Low Rise (1-3 Floors): 4598
ManufacturedHouse: 788
Mid Rise (4-7 Floors): 1197
Townhouse: 582
Villa Attached: 1030
Villa Detached: 54
Avg. Asking Price
Single Family: $1,148,065High Rise (8 or more): $1,766,442
Low Rise (1-3 Floors): $473,959
ManufacturedHouse: $240,002
Mid Rise (4-7 Floors): $934,605
Townhouse: $372,516
Villa Attached: $511,782
Villa Detached: $934,146
Avg. Beds & baths
Single Family: 3/3High 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: $407High Rise (8 or more): $737
Low Rise (1-3 Floors): $313
ManufacturedHouse: $981
Mid Rise (4-7 Floors): $495
Townhouse: $225
Villa Attached: $304
Villa Detached: $410
Sold Properties
Average Asking Price
ManufacturedHouse: $193,743Low Rise (1-3 Floors): $429,087
Mid Rise (4-7 Floors): $626,603
High Rise (8 or more): $1,969,247
Villa Attached: $524,062
Single Family: $874,052
Townhouse: $346,930
Villa Detached: $1,379,621
Average Selling Price
ManufacturedHouse: $179,520Low Rise (1-3 Floors): $403,823
Mid Rise (4-7 Floors): $588,150
High Rise (8 or more): $1,834,337
Villa Attached: $499,983
Single Family: $824,237
Townhouse: $331,372
Villa Detached: $1,289,645
Selling vs Asking Price
ManufacturedHouse: -7.34%Low Rise (1-3 Floors): -5.89%
Mid Rise (4-7 Floors): -6.14%
High Rise (8 or more): -6.85%
Villa Attached: -4.59%
Single Family: -5.7%
Townhouse: -4.48%
Villa Detached: -6.52%
Avg. Days On Market
Single Family: 87High Rise (8 or more): 126
Low Rise (1-3 Floors): 102
ManufacturedHouse: 105
Mid Rise (4-7 Floors): 112
Townhouse: 99
Villa Attached: 83
Villa Detached: 152
Avg. Selling Price Per Sqft
ManufacturedHouse: $163Low Rise (1-3 Floors): $260
Mid Rise (4-7 Floors): $399
High Rise (8 or more): $729
Villa Attached: $292
Single Family: $331
Townhouse: $196
Villa Detached: $528
Choose Community Market History Chart (Past 90 Days):
* These market statistics are not guaranteed to be accurate and are meant only as an estimate. Statistics for Properties are based on the previous 90 days. Contact your agent for more detailed market information.