CondoWatch Miami: Week of July 14 – 20

The Miami-Dade condo market had a good showing last week. There were 118 sales with a total sales volume of $59,445,945. The average condo sale price was $503,779.19, or $380.72 per square foot.

Miami Beach was the top city with 24 closings for a total of $15.972 million. Miami reported a sales volume of $13.893 million with 43 sales. Fisher Island reported 2 transactions for a total of $8.700 million.

The top condo sale of the week was a residence at Palazzo Del Sol on Fisher Island. This 3,793 square foot condo at 7065 Fisher Island Dr sold for $7,300,000, or $1,924.60 per square foot. This property was sold by Dora Puig after 357 days on the market.

The Miami Dade condo market is looking to continue its pace for the remainder of the summer.

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About Author: Condo.com Team