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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: 15847
Duplex: 37
High Rise (8 or more): 1183
Low Rise (1-3 Floors): 4467
LowRise,Duplex: 12
ManufacturedHouse: 916
Townhouse: 586
Townhouse,Duplex: 11
Villa Attached: 1110
Villa Detached: 52

Avg. Asking Price

Single Family: $1,046,642
Duplex: $781,974
High Rise (8 or more): $1,658,203
Low Rise (1-3 Floors): $463,895
LowRise,Duplex: $876,000
ManufacturedHouse: $219,151
Townhouse: $351,300
Townhouse,Duplex: $577,536
Villa Attached: $497,715
Villa Detached: $956,548

Avg. Beds & baths

Single Family: 3/2
Duplex: 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: $469
Duplex: $437
High Rise (8 or more): $732
Low Rise (1-3 Floors): $312
LowRise,Duplex: $617
ManufacturedHouse: $202
Townhouse: $218
Townhouse,Duplex: $340
Villa Attached: $302
Villa Detached: $441

Sold Properties

Average Asking Price

High Rise (8 or more): $1,467,547
Low Rise (1-3 Floors): $396,055
Single Family: $751,201
LowRise,Duplex: $284,000
Duplex: $415,358
ManufacturedHouse: $201,541
Villa Attached: $475,794
Villa Detached: $1,050,714
Townhouse: $366,137
Townhouse,Duplex: $522,000

Average Selling Price

High Rise (8 or more): $1,335,672
Low Rise (1-3 Floors): $370,958
Single Family: $701,167
LowRise,Duplex: $252,000
Duplex: $394,075
ManufacturedHouse: $183,947
Villa Attached: $447,092
Villa Detached: $991,650
Townhouse: $346,770
Townhouse,Duplex: $497,000

Selling vs Asking Price

High Rise (8 or more): -8.99%
Low Rise (1-3 Floors): -6.34%
Single Family: -6.66%
LowRise,Duplex: -11.27%
Duplex: -5.12%
ManufacturedHouse: -8.73%
Villa Attached: -6.03%
Villa Detached: -5.62%
Townhouse: -5.29%
Townhouse,Duplex: -4.79%

Avg. Days On Market

Single Family: 72
Duplex: 82
High Rise (8 or more): 120
HighRise,Duplex: 179
Low Rise (1-3 Floors): 80
LowRise,Duplex: 70
ManufacturedHouse: 86
ManufacturedHouse,Duplex: 12
Townhouse: 63
Townhouse,Duplex: 70
Villa Attached: 69
Villa Detached: 100

* These market statistics are not guaranteed to be accurate. The statistics are meant only as an estimate. Contact your agent for more detailed statistics.