Miami-Dade condo sales robust after Surfside, Realtors group says
Condo sales in Miami-Dade County remain strong after the collapse of the Champlain Towers South in Surfside, the Miami Realtors Association said in a statement on Friday evening.
Miami-Dade County totaled 1,030 transactions from June 23rd through July 7th, a 159% year-over-year increase, according to the Association. The county had 397 sales during the same time frame last year.
Pending sales also rose when compared to last year. Miami-Dade had 1,647 pending sales, up by about 78% from 927 pending sales from June 23rd through July 7th from the year prior.
Real estate professionals have cautioned that the collapse on June 24th could slow interest in Miami’s condo market.
The Association did not immediately respond to a request for comment.
This story was originally published July 23, 2021 at 7:27 PM.
