The Miami Dade condo market settled into a steady pace through the first full week in June. Last week there were 164 closings for a sales volume total of $61,339,390. The average price for a condo was $374,020.67, or $271.39 per square foot.
Miami was the top city with 67 sales for a total of $15.783 million. Miami Beach reported 23 closings totaling $14.249 million. Aventura followed with 14 transactions for a total sales volume of $6.503 million.
The top condo sale of the past week was a three bedroom luxury unit at the Murano Grande in Miami Beach. This 3,058 square foot property at 400 Alton Road sold for $2,700,000, or $882.93 per square foot. After 157 days on the market, this condo was sold by Bryan Sereny.
The outlook for the Miami Dade condo market remains optimistic.