CondoWatch Miami: Hot Month of May

The Miami-Dade County condo market continues to have sensational numbers this May. The county had 158 units sold for a total sales volume of $59 Million, the second highest this month. The average condo sold for $376,548 and $268.08 a square foot.

Downtown Miami returned to the top city with 71 sales, one of the highest amount of sales downtown has had all year. The amount of sales is a 37% increase compared to last week.

Another impressive stat this week is that every top ten sale for Miami-Dade was $1 Million or more. The top sale was a unit located in SE Corner of Sunny Isle. The luxury condo was sold for $3.24 Million and at 2,871 square feet the sale priced at $836.78 a square foot. The unit was sold by Allan Kleer after being on the market a little over a year.

Take a look for yourself:

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About Author: Gabriel Kurtzman-Gonzalez