CondoWatch Miami: Condo Sales North of $49 Million

Miami-Dade County had a strong week with 134 total units sold and a total sales volume of $49 Million. The average condo sold for $369,947 at an average price per square foot of $287.85 and was on the market for an average of 137 days.

Downtown Miami was the top city this week with 48 sales for a total of $15 Million. Miami Beach came in second with 21 sales for a total of $11 Million and the average condo selling for a large $555,190.

The top sale this week came from a unit located in the Murano Grande at Portofino of Miami Beach. The luxury condo sold for $3.71 Million, pricing at $1,023 a square foot. The 3,058 square foot condo was sold by Carlos Sifuentes after being on the market just over 9 months.

Take a look for yourself:

 

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About Author: Gabriel Kurtzman-Gonzalez