At the beginning of April, Miami condo sales declined. In total, 239 condos sold for $147.5 million from April 4 to April 10. This was down from the 305 condos sold for $235.2 million the week before. In addition, units sold for an average of $617,000. Down from $771,000 the week before.
Furthermore, the most expensive sale within that period was for unit 702 at Arte by Antonio Citterio in Surfside. The unit sold for $9 million after only a day on the market. Similarly, the second most expensive unit sold was at Continuum on South Beach. The Miami condo sold for $7 million after spending 1,360 days on the market. On the other hand, the least expensive unit sold was at Ocean Four. It sold for $2.2 million after spending 249 days on the market.
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AMG International Realty is a global real estate firm specializing in Florida. If you are you looking to buy, rent, or sell in South Florida we are here to guide you through every step of the way. From mortgage applications, to finding your dream home and closing the deal. For more information about the current real estate market in the area, contact us today!
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