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CondoWatch Miami: Good Start for November

The Miami Dade condo market started the month of November with a solid performance. There were 116 sales for a total volume of $42,570,840. The average price for a condo was $366,990.00, or $290.15 per square foot.

Miami was the top city with 50 sales for a total of $19.322 million.  Miami Beach followed with 21 closings for a total of $8.501 million. Aventura had 13 transactions for a total sales volume of $4.326 million.

The top condo sale this week was a luxury unit at Grovenor House in Miami. This spacious five bedroom, 4,026 square foot condo at 2627 South Bayshore Drive in the Coconut Grove neighborhood sold for $3,850,000, or $956.28 per square foot. David Siddons sold this property after being on the market for 81 days.

The Miami Dade condo market is anticipating a great November.

market-report

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About Author: Condo.com Team