Total condo sales for May amounted to $320 million, down from $338 million in April. The number of closed sales decreased to 954 units, compared to 979 in April and 841 in March, as reported by Multiple Listing Service data from Redfin.
Sale prices in May ranged widely, from $51,000 to $3.1 million, with a median sale price of $240,000. The price per square foot varied between $72 and $1,277, with a median of $239 per square foot.
The highest-priced sale in May occurred at L’Hermitage, where unit PH2704 at 3100 North Ocean Boulevard in Fort Lauderdale sold for $3.1 million. Comparatively, April’s priciest sale was higher, with Unit S2201 at Auberge Beach Residences selling for $10.1 million.
(source: therealdeal.com, picture: jason dent)
ShareJUN
2024