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 ... Read More...

CondoWatch Miami: Week of June 9 – 15

The Miami-Dade condo market lagged slightly this past week. There were 120 sales with a total sales volume of $44,886,508. The average condo sale price was $374,054.23, or $314.86 per square foot. Miami was the top city with 47 closings for a total of $17.157 million. Miami Beach reported a sales ... Read More...

Condos for Sale? New Guidelines May Make Buying Easier

In the future, purchasing a condo may become easier thanks to potential new FHA borrowing guidelines. For nearly a decade the National Association of Realtors (NAR) has urged the Federal Housing Authority (FHA) to make it easier for condo buyers to qualify for FHA-issued mortgages. Recently the Department of Housing ... Read More...

CondoWatch Miami: Week of June 2 – 8

The Miami-Dade condo market dipped slightly this past week. Although there were 126 sales, the total sales volume was $59,829,370. The average condo was $474,836.27, which translates to $345.99 per square foot. Miami was the top city with 51 closings for a total of $21.176 million. Miami Beach reported a sales ... Read More...

What is a Condo?

What is a condo? Some may respond by saying, “It’s like an apartment, but you own it.” Others may answer with, “It’s like a home, but without a yard.” While both of these are somewhat true, when deciding between a condo vs apartment, there is a lot more to the ... Read More...

CondoWatch Miami: Week of May 26 – June 1

The Miami-Dade condo market dipped slightly this past week. There were 127 sales for a total sales volume of $70,255,610. The average condo was $553,193.78, or $342.76 per square foot. Miami Beach was the top city, reporting a sales volume of $31.267 million with 20 sales. Miami followed with 53 closings ... Read More...

CondoWatch Miami: Week of May 19 – 25

The Miami-Dade condo market continued its steady pace this past week. There were 134 sales for a total sales volume of $58,629,512. The average condo sale price was $433,533.67, which translates to $259.40 per square foot. Miami was the top city with 57 closings for a total of $18.053 million. Miami ... Read More...

CondoWatch Miami: Week of May 12 – 18

The Miami-Dade condo market remained steady this past week. There were 132 transactions for a total sales volume of $65,505,700. The average condo sales price was $496,225.30, which translates to $353.72 per square foot. Miami was the top city with 60 closings for a total of $25.088 million.  Miami Beach reported ... Read More...

CondoWatch Miami: Week of April 28 – May 4

The Miami-Dade condo market soared this past week. There were 209 sales for a total sales volume of $80,035,775. The average condo sales price was $382,946.29, or $311.63 per square foot. Miami was the top city, reporting 95 closings for a total of $29.857 million. Miami Beach followed with 27 sales ... Read More...