CondoWatch Miami: Steady Summer Sales

The Miami Dade condo market remained steady this past week. There were 125 sales for a total sales volume of $48,278,052. The average price for a condo was $386,224.42, or $305.53 per square foot.

Miami was the top city with 59 sales for a total of $19.308 million. Miami Beach had 11 transactions for $10.467 million. Aventura followed with 20 closings for $6.990 million.

The top condo sale of the week was a spacious unit at Continuum in Miami Beach. This four-bedroom, 3,017 square foot property at 50 Pointe Drive sold for $6,600,000, or $2,187.60 per square foot. Billy Hernandez sold this condo after 130 days on the market.

The summer continues to look bright for the Miami Dade condo market.


Share This Post

About Author: Team