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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: 15263Duplex: 37
High Rise (8 or more): 1153
Low Rise (1-3 Floors): 4345
LowRise,Duplex: 11
ManufacturedHouse: 872
Townhouse: 571
Townhouse,Duplex: 9
Villa Attached: 1082
Villa Detached: 55
Avg. Asking Price
Single Family: $1,062,274Duplex: $796,022
High Rise (8 or more): $1,673,982
Low Rise (1-3 Floors): $464,515
LowRise,Duplex: $902,909
ManufacturedHouse: $221,208
Townhouse: $356,085
Townhouse,Duplex: $568,333
Villa Attached: $500,233
Villa Detached: $940,880
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: $475Duplex: $442
High Rise (8 or more): $737
Low Rise (1-3 Floors): $314
LowRise,Duplex: $651
ManufacturedHouse: $204
Townhouse: $219
Townhouse,Duplex: $345
Villa Attached: $303
Villa Detached: $432
Sold Properties
Average Asking Price
High Rise (8 or more): $1,634,899Low Rise (1-3 Floors): $402,113
Single Family: $749,552
LowRise,Duplex: $284,000
Duplex: $401,579
ManufacturedHouse: $198,766
Villa Attached: $474,184
Villa Detached: $1,112,225
Townhouse: $359,903
Townhouse,Duplex: $522,000
Average Selling Price
High Rise (8 or more): $1,487,352Low Rise (1-3 Floors): $376,546
Single Family: $701,757
LowRise,Duplex: $252,000
Duplex: $363,000
ManufacturedHouse: $181,369
Villa Attached: $447,127
Villa Detached: $1,051,923
Townhouse: $342,286
Townhouse,Duplex: $497,000
Selling vs Asking Price
High Rise (8 or more): -9.02%Low Rise (1-3 Floors): -6.36%
Single Family: -6.38%
LowRise,Duplex: -11.27%
Duplex: -9.61%
ManufacturedHouse: -8.75%
Villa Attached: -5.71%
Villa Detached: -5.42%
Townhouse: -4.89%
Townhouse,Duplex: -4.79%
Avg. Days On Market
Single Family: 82Duplex: 107
High Rise (8 or more): 140
HighRise,Duplex: 179
Low Rise (1-3 Floors): 91
LowRise,Duplex: 89
ManufacturedHouse: 96
Townhouse: 71
Townhouse,Duplex: 81
Villa Attached: 78
Villa Detached: 112
Avg. Selling Price Per Sqft
High Rise (8 or more): $658Low Rise (1-3 Floors): $259
Single Family: $312
LowRise,Duplex: $173
Duplex: $221
ManufacturedHouse: $158
Villa Attached: $279
Villa Detached: $467
Townhouse: $194
Townhouse,Duplex: $381
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.