The Miami Dade condo remained steady during the first week in October. Last week had 111 sales for a total sales volume of $44,262,150. The average price for a condo was $398,758.11, or $263.50 per square foot.
Miami was the top city with 54 closings for a total sales volume of $17.393 million. Miami Beach reported a total sales volume of $10.259 million with 9 sales. Aventura followed with 14 transactions for a total of $4.938 million.
The top condo sale this week was a spectacular four-bedroom unit at Ocean House in Miami Beach. This 3,463 square foot condo at 125 Ocean Drive sold for $7,500,000, or $2,165.75 per square foot. Nancy Batchelor sold this property after 272 days on the market.
We are looking forward to a great October for the Miami Dade condo market.