Condo Watch Miami: Best of 2016

The Miami-Dade County condo market had one of its most impressive weeks since last summer. This week had a 2016 high of 129 sales and total sales volume north of $52 Million. The average condo sold for an incredible $403,306 and an average price per square foot of $301.21.

Miami Beach was the top city this week with 24 sales for a total of $21.7 Million and an average price of $905,695. Miami trailed at second with 54 sales for a total of $15.8 Million and an average price of $293,420.

The top sale this week was a unit located in the Continuum on South Beach which sold for a whopping $6.7 Million. The 2,508 square foot luxury condo averaged out to $2,671 a square foot. The South Beach unit was sold by John Lennon after being on the market for less than a month.

Take a look for yourself:

Topcondoimage0215-page-001

Share This Post

About Author: Gabriel Kurtzman-Gonzalez