CondoWatch Miami: Week of June 16 – 22

The Miami-Dade condo market remained steady this past week. There were 111 sales with a total sales volume of $48,284,550. The average condo sale price was $434,995.95, or $298.97 per square foot.

Miami was the top city with 50 closings for a total of $18.590 million. Aventura reported a sales volume of $8.047 million with 8 sales. Miami Beach reported 17 transactions for a total of $7.912 million.

The top condo sale of the week was an expansive residence at Porto Vita in Aventura. This 8,515 square foot condo at 20155 NE 38th Court sold for $5,800,000, or $681.15 per square foot. This property was sold by Jake Friedman after just 40 days on the market.

The Miami Dade condo market is looking ahead to a sunny summer.

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About Author: Condo.com Team