CondoWatch Miami: Week of February 10 – 16

The Miami Dade condo market continued its steady pace this past week. There were 102 transactions for a total sales volume of $34,612,085. The average price for a condo was $339,334.17, or $287.28 per square foot.

Miami was the top city with 47 sales for a total sales volume of $12.506 million. Miami Beach reported 16 closings for a total of $8.676 million. There were 7 transactions in Coral Gables for a total of $3.802 million.

The top condo sale of the week was a 3,615 square foot unit at the Carillon on Miami Beach. This four-bedroom residence at 6899 Collins Avenue sold for $2,220,000, or $614.11 per square foot. After 136 days on the market, this condo was sold by Dale Hamel.

The Miami Dade condo market remains upbeat.

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About Author: Condo.com Team