CondoWatch Miami: Summer is Around the Corner

The Miami Dade condo market soared this past week.  There were 173 sales for a total of $69,223,323. The average price for a condo was $400,134.82, or $313.49 per square foot.

Miami Beach was the top city with sales volume of $21.836 million on a reported 36 closings. Miami was followed with 63 sales for a total of $20.079 million. Key Biscayne reported 7 transactions for a total of $6.195 million.

The top condo sale of the week was a luxury unit at the Continuum in Miami Beach. This three-bedroom, 3,231 square foot property at 100 Pointe Drive sold for $6,437,500, or $1,992.42 per square foot. Timothy Singer sold this condo after 104 days on the market.

The forecast for the Miami Dade condo market continues to look bright and sunny through the coming weeks.

market report

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