Coconut Grove, Miami-Dade County

Comparative Market Analysis for Coconut Grove

Coconut Grove is Miami's oldest continuously inhabited neighborhood, known for its lush tree canopy, bohemian character, and waterfront lifestyle. 'The Grove' blends historic charm with modern luxury — from the Cocowalk lifestyle center to waterfront estates along Biscayne Bay. It's a favorite among families, professionals, and those seeking Miami's most walkable neighborhood.

Coconut Grove Real Estate Market Snapshot

Current market data for Coconut Grove — use these stats alongside your HousePitch CMA to deliver data-backed presentations to clients.

Median Home Price

$1,350,000

Price per Sq Ft

$610

Avg Days on Market

68 days

Active Listings

280

Year-over-Year

+5.4%

ZIP Codes

33133

Single-Family Homes
Luxury Estates
Condos
Historic Cottages

What Makes Coconut Grove Unique

1

Miami's oldest neighborhood with historic character

2

Waterfront estates along Biscayne Bay

3

Cocowalk lifestyle center and walkable village core

4

Top-rated schools and family-friendly community

How to Create a CMA for Coconut Grove with HousePitch

Generate a professional comparative market analysis for any Coconut Grove property in under 3 minutes.

1

Enter the Address

Type any Coconut Grove property address. HousePitch auto-fills property details and instantly searches for comparable sales in the local area.

2

Review Auto-Pulled Comps

HousePitch finds the best comparable sales from public records — scored by similarity to your subject property. Add, remove, or adjust comps as needed.

3

Generate Your Report

Choose from Classic, Modern, or Luxury templates. Your CMA includes a Florida-specific net sheet with Miami-Dade surtax, doc stamps, and closing costs.

Coconut Grove CMA — Frequently Asked Questions

What is the average home price in Coconut Grove?

The median home price in Coconut Grove is approximately $1.35 million. Waterfront estates can exceed $15 million, while condos near Cocowalk start around $400,000. The wide price range makes accurate CMAs essential.

How does tree canopy affect Coconut Grove property values?

Coconut Grove's protected tree canopy is a significant value driver. Properties with mature landscaping and canopy coverage command premium pricing. HousePitch helps agents document and adjust for these environmental factors in their CMAs.

Are historic homes valued differently in Coconut Grove?

Yes, historic designation can both add charm value and create renovation restrictions. Agents should note historic status in their CMA adjustments. HousePitch supports custom notes and value adjustments for these unique properties.

What's the waterfront market like in Coconut Grove?

Waterfront properties in Coconut Grove are among Miami's most coveted, with prices starting around $3 million for bay-adjacent homes and exceeding $30 million for prime bayfront estates with docks. CMA reports for waterfront properties require specialized comparable analysis.

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