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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: 15086Duplex: 37
High Rise (8 or more): 1147
Low Rise (1-3 Floors): 4308
LowRise,Duplex: 11
ManufacturedHouse: 859
Townhouse: 576
Townhouse,Duplex: 9
Villa Attached: 1065
Villa Detached: 56
Avg. Asking Price
Single Family: $1,062,432Duplex: $787,643
High Rise (8 or more): $1,669,283
Low Rise (1-3 Floors): $467,844
LowRise,Duplex: $912,545
ManufacturedHouse: $221,141
Townhouse: $355,982
Townhouse,Duplex: $568,333
Villa Attached: $500,646
Villa Detached: $941,311
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: $477Duplex: $433
High Rise (8 or more): $737
Low Rise (1-3 Floors): $315
LowRise,Duplex: $655
ManufacturedHouse: $203
Townhouse: $219
Townhouse,Duplex: $345
Villa Attached: $303
Villa Detached: $434
Sold Properties
Average Asking Price
Low Rise (1-3 Floors): $402,833Single Family: $760,971
High Rise (8 or more): $1,687,025
LowRise,Duplex: $284,000
Duplex: $413,224
ManufacturedHouse: $196,055
Villa Attached: $482,155
Villa Detached: $1,068,285
Townhouse: $361,783
Townhouse,Duplex: $522,000
Average Selling Price
Low Rise (1-3 Floors): $377,498Single Family: $712,674
High Rise (8 or more): $1,536,455
LowRise,Duplex: $252,000
Duplex: $366,250
ManufacturedHouse: $179,026
Villa Attached: $454,005
Villa Detached: $1,011,006
Townhouse: $344,342
Townhouse,Duplex: $497,000
Selling vs Asking Price
Low Rise (1-3 Floors): -6.29%Single Family: -6.35%
High Rise (8 or more): -8.93%
LowRise,Duplex: -11.27%
Duplex: -11.37%
ManufacturedHouse: -8.69%
Villa Attached: -5.84%
Villa Detached: -5.36%
Townhouse: -4.82%
Townhouse,Duplex: -4.79%
Avg. Days On Market
Single Family: 84Duplex: 114
High Rise (8 or more): 148
HighRise,Duplex: 179
Low Rise (1-3 Floors): 90
LowRise,Duplex: 99
ManufacturedHouse: 104
Townhouse: 68
Townhouse,Duplex: 111
Villa Attached: 78
Villa Detached: 113
Avg. Selling Price Per Sqft
Low Rise (1-3 Floors): $261Single Family: $314
High Rise (8 or more): $670
LowRise,Duplex: $173
Duplex: $230
ManufacturedHouse: $156
Villa Attached: $279
Villa Detached: $456
Townhouse: $195
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.