The Miami Dade condo market was sluggish this past week. There were 82 transactions for a total sales volume of $68,921,345. The average price for a condo was $840,504.21, or $393.48 per square foot.
Miami Beach was the top city with 16 closings for a total of $44.088 million. Miami recorded 33 sales for a total sales volume of $9.735 million. There were 6 transactions in Sunny Isles Beach for a total of $6.398 million.
The top condo sale of the week was a jaw-dropping 16,466 square foot penthouse at L’Atelier in Miami Beach. This six-bedroom residence at 6901 Collins Avenue sold for a whopping $21,000,000, or $2,643.17 per square foot. The residence was sold by Anna Sherrill.
The Miami Dade condo market remains optimistic.