CondoWatch Miami: Sky-High Luxury Sales

The Miami Dade condo market got back on track this past week. There were 114 sales for a total volume of $77,481,488. The average price for a condo was $679,662.18, or $363.84 per square foot.

Miami Beach was the top city, recording a total volume of $36.525 million with 20 sales. Miami had 39 closings for a total of $11.208 million. Aventura followed with 14 transactions for a total of $6.328 million.

The top condo sale this week was a spectacular unit at Continuum South Beach in Miami Beach. This expansive four-bedroom, 5,049 square foot condo at 100 S Pointe Drive sold for a staggering $13,750,000, or $2,723.31 per square foot. This property was sold by Jill Hertzberg after being on the market for 305 days.

The Miami Dade condo market is looking forward to staying on the present trajectory.

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About Author: Condo.com Team