CondoWatch Miami: Miami Beach Putting on a Show

The Miami-Dade County condo market had an incredibly strong week with 95 sales for a total sales volume of $35.6 Million. The average condo sold for a high $374,884 a unit while the average price per square foot followed suit at $274.12.

Miami Beach for the first time in weeks claimed the top spot this week with 14 sales for a total of $8.4 Million, which averages out to an impressive $600,928. Downtown Miami trailed in second with 29 sales for $8.3 Million.

The top sale this week came from a unit located in the Asia Brickell Key Condo. The condo sold for $2.55 Million, pricing it at $861.78 a square foot. The 2,959 square foot luxury condo was sold by Jose Monteiro after only being on the market for less than five months.

Take a look for yourself:



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About Author: Gabriel Kurtzman-Gonzalez