Condo prices in South Florida continue to climb even as the number of deals are falling.
Here’s the breakdown for real estate prices and sales for November:
MORE: Condo prices are rising in South Florida even as deals decrease. Why that’s happening
Number of residential deals in South Florida
South Florida saw fewer deals in November compared to a year ago.
MIAMI-DADE
▪ 8% drop in the total number of deals, to 1,510. ▪
BROWARD
▪ 11.3% drop, to 1,623.
Condo deals
While single-family home sales grew in Miami-Dade, total condo sales fell by about 16%, to 794. Broward saw home sales fall for both houses and condos, but condos took the biggest hit with a nearly 19% drop, to 819.