CondoWatch Miami: Week of August 18 – 24

Condo.com Team

Condo.com Team

Cover Image for CondoWatch Miami: Week of August 18 – 24
Condo.com Team

Condo.com Team

The Miami-Dade condo market was up slightly last week. There were 119 sales with a total sales volume of $53,434,910.05. The average condo sale price was $449,032.86, or $320.68 per square foot.

Miami Beach was the top city with 16 closings for a total of $16.792 million. Miami reported a sales volume of $13.502 million with 47 sales. Aventura reported 18 transactions for a total of $11.694 million.

The top condo sale of the week was a residence at Murano at Portofino in Miami Beach. This 3,365 square foot condo at 1000 S pointe Dr sold for $5,000,000, or $1,485.88 per square foot. This property was sold by Lisbeth Hazoury after 113 days on the market.

The Miami Dade condo market is looking to end the summer strong.

TaggedCondo LivingCondosFor SaleLuxuryMarket ReportMiamiReal EstateReal Estate Investment