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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: 15140
Duplex: 36
High Rise (8 or more): 1150
Low Rise (1-3 Floors): 4329
LowRise,Duplex: 11
ManufacturedHouse: 866
Townhouse: 575
Townhouse,Duplex: 9
Villa Attached: 1072
Villa Detached: 55

Avg. Asking Price

Single Family: $1,062,761
Duplex: $799,244
High Rise (8 or more): $1,670,704
Low Rise (1-3 Floors): $466,222
LowRise,Duplex: $912,000
ManufacturedHouse: $221,250
Townhouse: $356,203
Townhouse,Duplex: $568,333
Villa Attached: $501,277
Villa Detached: $940,880

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: $476
Duplex: $440
High Rise (8 or more): $736
Low Rise (1-3 Floors): $314
LowRise,Duplex: $654
ManufacturedHouse: $203
Townhouse: $219
Townhouse,Duplex: $345
Villa Attached: $304
Villa Detached: $432

Sold Properties

Average Asking Price

Low Rise (1-3 Floors): $401,531
Single Family: $756,135
High Rise (8 or more): $1,649,319
LowRise,Duplex: $284,000
Duplex: $401,579
ManufacturedHouse: $196,171
Villa Detached: $1,090,096
Villa Attached: $477,554
Townhouse: $360,089
Townhouse,Duplex: $522,000

Average Selling Price

Low Rise (1-3 Floors): $376,189
Single Family: $708,066
High Rise (8 or more): $1,501,857
LowRise,Duplex: $252,000
Duplex: $363,000
ManufacturedHouse: $178,963
Villa Detached: $1,030,446
Villa Attached: $449,821
Townhouse: $342,627
Townhouse,Duplex: $497,000

Selling vs Asking Price

Low Rise (1-3 Floors): -6.31%
Single Family: -6.36%
High Rise (8 or more): -8.94%
LowRise,Duplex: -11.27%
Duplex: -9.61%
ManufacturedHouse: -8.77%
Villa Detached: -5.47%
Villa Attached: -5.81%
Townhouse: -4.85%
Townhouse,Duplex: -4.79%

Avg. Days On Market

Single Family: 83
Duplex: 109
High Rise (8 or more): 144
HighRise,Duplex: 179
Low Rise (1-3 Floors): 91
LowRise,Duplex: 95
ManufacturedHouse: 99
Townhouse: 69
Townhouse,Duplex: 95
Villa Attached: 77
Villa Detached: 112

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