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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.

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About Author: Condo.com Team