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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: 16294Duplex: 43
High Rise (8 or more): 1304
Low Rise (1-3 Floors): 4820
LowRise,Duplex: 16
ManufacturedHouse: 934
Townhouse: 637
Townhouse,Duplex: 10
Villa Attached: 1217
Villa Detached: 66
Avg. Asking Price
Single Family: $1,116,552Duplex: $797,884
High Rise (8 or more): $1,760,459
Low Rise (1-3 Floors): $469,314
LowRise,Duplex: $745,681
ManufacturedHouse: $224,550
Townhouse: $364,741
Townhouse,Duplex: $653,400
Villa Attached: $514,362
Villa Detached: $855,386
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: $536Duplex: $424
High Rise (8 or more): $751
Low Rise (1-3 Floors): $316
LowRise,Duplex: $565
ManufacturedHouse: $206
Townhouse: $221
Townhouse,Duplex: $398
Villa Attached: $311
Villa Detached: $409
Sold Properties
Average Asking Price
Low Rise (1-3 Floors): $435,637High Rise (8 or more): $1,861,606
Single Family: $854,572
LowRise,Duplex: $685,000
Duplex: $469,974
ManufacturedHouse: $185,416
Villa Attached: $497,968
Villa Detached: $1,212,028
Townhouse: $386,604
Townhouse,Duplex: $484,333
Average Selling Price
Low Rise (1-3 Floors): $410,777High Rise (8 or more): $1,709,895
Single Family: $792,249
LowRise,Duplex: $640,000
Duplex: $438,125
ManufacturedHouse: $168,873
Villa Attached: $470,840
Villa Detached: $1,146,417
Townhouse: $368,149
Townhouse,Duplex: $461,333
Selling vs Asking Price
Low Rise (1-3 Floors): -5.71%High Rise (8 or more): -8.15%
Single Family: -7.29%
LowRise,Duplex: -6.57%
Duplex: -6.78%
ManufacturedHouse: -8.92%
Villa Attached: -5.45%
Villa Detached: -5.41%
Townhouse: -4.77%
Townhouse,Duplex: -4.75%
Avg. Days On Market
Single Family: 80Duplex: 41
High Rise (8 or more): 109
Low Rise (1-3 Floors): 89
LowRise,Duplex: 198
ManufacturedHouse: 77
Townhouse: 90
Townhouse,Duplex: 91
Villa Attached: 78
Villa Detached: 73
* These market statistics are not guaranteed to be accurate. The statistics are meant only as an estimate. Contact your agent for more detailed statistics.