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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: 14771High Rise (8 or more): 1524
Low Rise (1-3 Floors): 5329
ManufacturedHouse: 872
Mid Rise (4-7 Floors): 1437
Townhouse: 652
Villa Attached: 1197
Villa Detached: 64
Avg. Asking Price
Single Family: $1,173,800High Rise (8 or more): $1,797,688
Low Rise (1-3 Floors): $472,609
ManufacturedHouse: $235,009
Mid Rise (4-7 Floors): $1,034,167
Townhouse: $363,148
Villa Attached: $536,256
Villa Detached: $1,134,426
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: $417High Rise (8 or more): $743
Low Rise (1-3 Floors): $314
ManufacturedHouse: $216
Mid Rise (4-7 Floors): $515
Townhouse: $231
Villa Attached: $313
Villa Detached: $477
Sold Properties
Average Asking Price
ManufacturedHouse: $194,289Low Rise (1-3 Floors): $431,096
Mid Rise (4-7 Floors): $650,556
High Rise (8 or more): $1,913,686
Villa Attached: $465,126
Single Family: $901,750
Townhouse: $353,635
Villa Detached: $1,213,590
Average Selling Price
ManufacturedHouse: $178,790Low Rise (1-3 Floors): $406,833
Mid Rise (4-7 Floors): $610,143
High Rise (8 or more): $1,786,899
Villa Attached: $442,663
Single Family: $849,168
Townhouse: $337,581
Villa Detached: $1,112,614
Selling vs Asking Price
ManufacturedHouse: -7.98%Low Rise (1-3 Floors): -5.63%
Mid Rise (4-7 Floors): -6.21%
High Rise (8 or more): -6.63%
Villa Attached: -4.83%
Single Family: -5.83%
Townhouse: -4.54%
Villa Detached: -8.32%
Avg. Days On Market
Single Family: 88High Rise (8 or more): 125
Low Rise (1-3 Floors): 99
ManufacturedHouse: 108
Mid Rise (4-7 Floors): 109
Townhouse: 93
Villa Attached: 87
Villa Detached: 136
Avg. Selling Price Per Sqft
ManufacturedHouse: $160Low Rise (1-3 Floors): $262
Mid Rise (4-7 Floors): $402
High Rise (8 or more): $724
Villa Attached: $267
Single Family: $336
Townhouse: $194
Villa Detached: $433
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.