Miami Condo Sales Fall to $120M in Last Week of August | The Salesmark

Miami Condo Sales Fall to $120M in Last Week of August

Miami Condo Sales Fall to $120M in Last Week of August

The typically slow month of August ended with Miami-Dade condo sales on the decline.

Total condo sales dollar volume surpassed $120 million, down from $148 million the week before. Sales fell to 180 units from 226 units the previous week.

Condos sold for an average price of about $668,000, up from about $640,500.

The top sale was for unit 4104 at Turnberry Ocean Club. The Sunny Isles Beach condo, on the market for 150 days, traded for about $5.7 million, or nearly $1,600 per square foot. The listing agent was Diane Cohen, and the buyer’s agent was Mariana Fontanarrosa.

The $5.4 million trade of unit 4302 at Santa Maria in Brickell marked the second most expensive sale. It sold for $849 per square foot after six days on the Multiple Listing Service. Carmen De Jongh was the listing agent, and Gary Hennes represented the buyer.

Related Posts