Following up the article in the Sun-Sentinel that we referenced in our last post, we wanted to look at the data on the actual number of closed sales for oceanfront condos in Miami(Dade County) and Fort Lauderdale (Broward County).
Below are charts that show the average number of closed sales for 6 months back to present. Although, the numbers are not radically increasing there is a positive trend. More people are buying. Furthermore, in Miami there are currently 202 contracts pending and in Fort Lauderdale there are 178, indicating a continuation of this trend.
The actual number of closed sales in Fort Lauderdale are slightly greater than Miami. That surprised me, however, prices in Fort Lauderdale are less than you would find in Miami.
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Tags: fort lauderdale oceanfront condo sales, miami oceanfront condo sales, south florida condo sales, south florida condo statistics
