April saw a significant surge in condo sales in Miami-Dade County, with higher closings and total dollar volume than the previous month.
The momentum continued to build in April, with total condo sales reaching an impressive $849 million, a significant increase from the $694 million recorded in March. Brokers sealed the deal on 979 sales, a substantial jump from the 796 sales in March and 704 in February, according to Multiple Listing Service data from Redfin.
Leading the way was a $25 million unit sale at 57 Ocean in Miami Beach. Despite the eight-figure sale, the price was much lower than March’s priciest sale, Unit N-PH4 at Four Seasons Residences at the Surf Club in Surfside, which closed for a record $44 million. This data amplifies the leap in volume recorded in the last month.
(source: therealdeal.com, picture: )
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2024