The Miami Dade condo market performed strongly this past week. There were 206 closings for a sales volume total of $70,223,543. The average price for a condo was $340,890.99, or $255.09 per square foot.
Miami was the top city with 86 reported transactions for a total sales volume of $21.550 million. Miami Beach followed with 29 sales for a total volume of $17.977 million. Sunny Isles Beach had 10 closings for a total of $8.990 million.
The top condo sale of the week was a spacious four bedroom luxury unit at Bayview on exclusive Fisher Island. This 4,109 square foot property at 5113 Fisher Island Drive sold for $8,400,000, or $2,044.29 per square foot. After 106 days on the market, this property was sold by Lazaro Rivero.
The Miami Dade condo market looks to remain bright through the summer.