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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: 14853High Rise (8 or more): 1523
Low Rise (1-3 Floors): 5354
ManufacturedHouse: 870
Mid Rise (4-7 Floors): 1443
Townhouse: 653
Villa Attached: 1207
Villa Detached: 66
Avg. Asking Price
Single Family: $1,169,721High Rise (8 or more): $1,798,960
Low Rise (1-3 Floors): $472,965
ManufacturedHouse: $218,368
Mid Rise (4-7 Floors): $1,029,743
Townhouse: $361,803
Villa Attached: $534,545
Villa Detached: $1,115,125
Avg. Beds & baths
Single Family: 3/3High Rise (8 or more): 3/2
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: $416High Rise (8 or more): $742
Low Rise (1-3 Floors): $313
ManufacturedHouse: $202
Mid Rise (4-7 Floors): $513
Townhouse: $231
Villa Attached: $312
Villa Detached: $470
Sold Properties
Average Asking Price
ManufacturedHouse: $193,172Low Rise (1-3 Floors): $432,374
Mid Rise (4-7 Floors): $658,393
High Rise (8 or more): $1,923,747
Villa Attached: $471,197
Single Family: $897,339
Townhouse: $351,752
Villa Detached: $1,255,095
Average Selling Price
ManufacturedHouse: $177,068Low Rise (1-3 Floors): $407,832
Mid Rise (4-7 Floors): $616,898
High Rise (8 or more): $1,794,926
Villa Attached: $448,371
Single Family: $845,572
Townhouse: $335,891
Villa Detached: $1,151,646
Selling vs Asking Price
ManufacturedHouse: -8.34%Low Rise (1-3 Floors): -5.68%
Mid Rise (4-7 Floors): -6.3%
High Rise (8 or more): -6.7%
Villa Attached: -4.84%
Single Family: -5.77%
Townhouse: -4.51%
Villa Detached: -8.24%
Avg. Days On Market
Single Family: 87High Rise (8 or more): 125
Low Rise (1-3 Floors): 98
ManufacturedHouse: 110
Mid Rise (4-7 Floors): 109
Townhouse: 88
Villa Attached: 87
Villa Detached: 140
Avg. Selling Price Per Sqft
ManufacturedHouse: $159Low Rise (1-3 Floors): $263
Mid Rise (4-7 Floors): $403
High Rise (8 or more): $726
Villa Attached: $268
Single Family: $335
Townhouse: $192
Villa Detached: $447
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.