CondoWatch Miami: It’s Beginning to Look a lot Like Christmas

The Miami Dade condo market performed well this past week with 130 sales for a total volume of $48,123,310. The average price for a condo was $370,179.31, or $297.26 per square foot.

Miami was the top city with 54 sales for a total of $15.639 million. Miami Beach had 24 closings for $11.395 million. Bal Harbour followed with a sales volume of $6.918 million on 4 transactions.

The top condo sale this week was a luxury unit at St. Regis Bal Harbour. This spacious, four bedroom, 4,500 square foot condo at 9705 Collins Avenue sold for $5,150,000, or $1,144.44 per square foot. This property was sold by Inga Boutboul after being on the market for 271 days.

The Miami Dade condo market is hoping for a merry and bright holiday season.


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