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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: 15519Duplex: 36
High Rise (8 or more): 1224
Low Rise (1-3 Floors): 4531
LowRise,Duplex: 13
ManufacturedHouse: 898
Townhouse: 612
Townhouse,Duplex: 11
Villa Attached: 1139
Villa Detached: 62
Avg. Asking Price
Single Family: $1,090,744Duplex: $865,544
High Rise (8 or more): $1,742,836
Low Rise (1-3 Floors): $465,051
LowRise,Duplex: $834,223
ManufacturedHouse: $225,220
Townhouse: $353,610
Townhouse,Duplex: $622,636
Villa Attached: $508,894
Villa Detached: $861,288
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: 3/2
Villa Attached: 2/2
Villa Detached: 3/2
Avg. Asking Price Per Sqft
Single Family: $535Duplex: $457
High Rise (8 or more): $747
Low Rise (1-3 Floors): $315
LowRise,Duplex: $623
ManufacturedHouse: $207
Townhouse: $217
Townhouse,Duplex: $376
Villa Attached: $309
Villa Detached: $410
Sold Properties
Average Asking Price
Low Rise (1-3 Floors): $423,319Single Family: $851,189
High Rise (8 or more): $1,845,103
LowRise,Duplex: $492,000
Duplex: $466,114
ManufacturedHouse: $182,576
Villa Attached: $491,166
Villa Detached: $1,243,952
Townhouse: $390,355
Townhouse,Duplex: $484,333
Average Selling Price
Low Rise (1-3 Floors): $397,439Single Family: $789,963
High Rise (8 or more): $1,684,274
LowRise,Duplex: $437,500
Duplex: $436,429
ManufacturedHouse: $167,886
Villa Attached: $465,107
Villa Detached: $1,173,495
Townhouse: $371,627
Townhouse,Duplex: $461,333
Selling vs Asking Price
Low Rise (1-3 Floors): -6.11%Single Family: -7.19%
High Rise (8 or more): -8.72%
LowRise,Duplex: -11.08%
Duplex: -6.37%
ManufacturedHouse: -8.05%
Villa Attached: -5.31%
Villa Detached: -5.66%
Townhouse: -4.8%
Townhouse,Duplex: -4.75%
Avg. Days On Market
Single Family: 81Duplex: 46
High Rise (8 or more): 114
Low Rise (1-3 Floors): 91
LowRise,Duplex: 183
ManufacturedHouse: 78
Townhouse: 88
Townhouse,Duplex: 91
Villa Attached: 76
Villa Detached: 85
Avg. Selling Price Per Sqft
Low Rise (1-3 Floors): $271Single Family: $332
High Rise (8 or more): $730
LowRise,Duplex: $316
Duplex: $265
ManufacturedHouse: $154
Villa Attached: $283
Villa Detached: $531
Townhouse: $212
Townhouse,Duplex: $323
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.