In October, Miami-Dade condo sales, although experiencing a slight dip, reached a respectable figure of $481M down from$548M in September and $700M in August.
Last month, a total of 772 condo units were sold , compared to 809 in September and 934 in August.
The median sale price stood at $386,250. The most expensive transaction was a luxurious condo at 5373 Fisher Island Drive in Miami Beach for $14.2M, showcasing the continued interest in high-end properties.
Furthermore, the diversity of offerings with the lowest-priced unit, sold for $67,000 $92/Sqft, located at the Zurich Condo, 13480 Northeast Sixth Avenue, unit 306 North Miami, reflecting the accessibility of the market.