CondoWatch Miami: Week of September 29 – October 5

The Miami-Dade condo market had a strong showing this past week. There were 159 sales with a total sales volume of $78,153,705. The average condo sale price was $491,532.74, or $330.36 per square foot.

Miami was the top city with 63 closings for a total of $24.423 million. Miami Beach reported a sales volume of $21.146 million with 22 sales. Key Biscayne reported 6 transactions for a total of $7.724 million.

The top condo sale of the week was a residence at Glass in Miami Beach. This 3,389 square foot home at 120 Ocean Dr sold for $7,500,000, or $2,213.04 per square foot. This property was sold by Anna Sherrill after 14 days on the market.

The Miami Dade condo market is looking to have a strong fall season.

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About Author: Condo.com Team