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CondoWatch Miami: Pre-Holiday Condo Sales

The Miami Dade condo market bounced right back this past week. There were 97 sales reported for a total volume of $44,082,077. The average price for a condo was $454,454.40, or $319.54 per square foot.

Miami was the top city with 34 sales for a total of $9.497 million.  Miami Beach followed with 16 closings for a total of $7.131 million. Sunny Isles Beach had a total sales volume of $6.555 million with 7 transactions.

The top condo sale this week was a luxury unit at St. Regis Bal Harbour. This spacious four bedroom, 3,558 square foot condo at 9701 Collins Avenue in Bal Harbour sold for $5,675,000, or $1,689.99 per square foot. Joelle Oiknine sold this property after 320 days on the market.

The Miami Dade condo market is hoping there will be plenty to be thankful for the last week of November.

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About Author: Condo.com Team