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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: 12723High Rise (8 or more): 1117
Low Rise (1-3 Floors): 4046
ManufacturedHouse: 705
Mid Rise (4-7 Floors): 1066
Townhouse: 556
Villa Attached: 901
Villa Detached: 50
Avg. Asking Price
Single Family: $1,121,829High Rise (8 or more): $1,764,581
Low Rise (1-3 Floors): $467,168
ManufacturedHouse: $238,869
Mid Rise (4-7 Floors): $942,064
Townhouse: $357,337
Villa Attached: $484,313
Villa Detached: $1,002,280
Avg. Beds & baths
Single Family: 3/2High 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: $400High Rise (8 or more): $734
Low Rise (1-3 Floors): $311
ManufacturedHouse: $1067
Mid Rise (4-7 Floors): $487
Townhouse: $217
Villa Attached: $293
Villa Detached: $423
Sold Properties
Average Asking Price
ManufacturedHouse: $191,149Low Rise (1-3 Floors): $433,223
High Rise (8 or more): $1,912,483
Mid Rise (4-7 Floors): $646,005
Villa Attached: $525,788
Villa Detached: $1,121,420
Single Family: $849,562
Townhouse: $333,416
Average Selling Price
ManufacturedHouse: $178,677Low Rise (1-3 Floors): $407,284
High Rise (8 or more): $1,785,351
Mid Rise (4-7 Floors): $606,476
Villa Attached: $502,200
Villa Detached: $1,052,067
Single Family: $800,598
Townhouse: $318,117
Selling vs Asking Price
ManufacturedHouse: -6.52%Low Rise (1-3 Floors): -5.99%
High Rise (8 or more): -6.65%
Mid Rise (4-7 Floors): -6.12%
Villa Attached: -4.49%
Villa Detached: -6.18%
Single Family: -5.76%
Townhouse: -4.59%
Avg. Days On Market
Single Family: 84High Rise (8 or more): 131
Low Rise (1-3 Floors): 102
ManufacturedHouse: 109
Mid Rise (4-7 Floors): 117
Townhouse: 105
Villa Attached: 84
Villa Detached: 141
Avg. Selling Price Per Sqft
ManufacturedHouse: $166Low Rise (1-3 Floors): $263
High Rise (8 or more): $726
Mid Rise (4-7 Floors): $404
Villa Attached: $295
Villa Detached: $462
Single Family: $325
Townhouse: $190
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.