Miami, FL – September 10, 2024 – Miami-Dade’s condo market slumped in August with a significant drop in sales volume. Condo sales in Miami-Dade County totaled $470 million in August, a sharp decline from $624 million in July, as the number of closings fell from 810 to 712. The median sale price dipped to $380,000 from $407,500 the previous month, with the price per square foot dropping to $388 from $416.