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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: 13581Duplex: 23
High Rise (8 or more): 1048
Low Rise (1-3 Floors): 3989
LowRise,Duplex: 11
ManufacturedHouse: 810
Townhouse: 533
Townhouse,Duplex: 6
Villa Attached: 966
Villa Detached: 47
Avg. Asking Price
Single Family: $1,035,028Duplex: $808,678
High Rise (8 or more): $1,751,074
Low Rise (1-3 Floors): $474,836
LowRise,Duplex: $840,764
ManufacturedHouse: $216,950
Townhouse: $352,890
Townhouse,Duplex: $511,667
Villa Attached: $484,333
Villa Detached: $955,006
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: $474Duplex: $475
High Rise (8 or more): $742
Low Rise (1-3 Floors): $314
LowRise,Duplex: $598
ManufacturedHouse: $204
Townhouse: $217
Townhouse,Duplex: $339
Villa Attached: $296
Villa Detached: $415
Sold Properties
Average Asking Price
Single Family: $713,438Low Rise (1-3 Floors): $396,539
High Rise (8 or more): $1,336,877
Duplex: $569,406
ManufacturedHouse: $193,732
Villa Attached: $484,307
Villa Detached: $1,247,575
Townhouse: $341,306
Townhouse,Duplex: $588,725
Average Selling Price
Single Family: $666,726Low Rise (1-3 Floors): $369,940
High Rise (8 or more): $1,230,904
Duplex: $555,556
ManufacturedHouse: $177,779
Villa Attached: $453,430
Villa Detached: $1,177,292
Townhouse: $324,810
Townhouse,Duplex: $561,750
Selling vs Asking Price
Single Family: -6.55%Low Rise (1-3 Floors): -6.71%
High Rise (8 or more): -7.93%
Duplex: -2.43%
ManufacturedHouse: -8.23%
Villa Attached: -6.38%
Villa Detached: -5.63%
Townhouse: -4.83%
Townhouse,Duplex: -4.58%
Avg. Days On Market
Single Family: 90Duplex: 112
High Rise (8 or more): 142
Low Rise (1-3 Floors): 110
LowRise,Duplex: 83
ManufacturedHouse: 115
Townhouse: 95
Townhouse,Duplex: 138
Villa Attached: 104
Villa Detached: 95
Avg. Selling Price Per Sqft
Single Family: $302Low Rise (1-3 Floors): $250
High Rise (8 or more): $617
Duplex: $327
ManufacturedHouse: $154
Villa Attached: $281
Villa Detached: $491
Townhouse: $188
Townhouse,Duplex: $295
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.