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CondoWatch Miami: Sunny February Sales

The Miami Dade condo market performance was average this past week. There were 104 sales for a total volume of $37,062,567. The average price for a condo was $356,370.84, or $285.99 per square foot.

Miami was the top city with 45 sales for $14.123 million. Miami Beach followed with $10.582 million in sales volume across 13 closings. Sunny Isles Beach reported 7 transactions with a total volume of $3.094 million.

The top condo sale of the week was a luxurious unit at Murano at Portofino. This spacious three-bedroom, 3,365 square foot condo at 1000 Pointe Drive in Miami Beach sold for $5,000,000, or $1,485.88 per square foot. This property was sold by Clemente Sanchez after 399 days on the market.

The Miami Dade condo market is hoping for a Happy Valentine’s week!


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About Author: Condo.com Team