CondoWatch Miami: Week of September 8 – 14

The Miami-Dade condo market was back on track this past week. There were 99 sales with a total sales volume of $45,663,400. The average condo sale price was $461,246.46, or $318.63 per square foot.

Miami Beach was the top city with 20 closings for a total of $16.217 million. Miami reported a sales volume of $7.270 million with 30 sales. Bal Harbor reported 1 transactions for a total of $6.125 million.

The top condo sale of the week was a residence at St. Regis Bal Harbour. This 5,016 square foot home at 9701 Collins Ave sold for $6,125,000, or $1,576.98 per square foot. This property was sold by Billy Hernandez after 348 days on the market.

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

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