Adam Farence

New York

Data Editor at The Real Deal

Data Editor at The Real Deal. Tips at [email protected] 305-351-4681

Articles

Beating the heat: Palm Beach County weekly condo sales surge to $239M

2 days ago | therealdeal.com | Kate Hinsche |Adam Farence

It was a busy week for brokers in Palm Beach County’s condo market, with sales and dollar volume soaring. All but one of the top 10 closings this week were units at Alina Residences in Boca Raton. Brokers closed 155 condo sales totaling $239 million from June 14 to June 22. The previous week, brokers closed 92 condo sales totaling $55 million. Last week’s units sold for an average of $1,542,036, higher than the $598,087 average price from the previous week.
$15M Apogee Closing Tops Miami-Dade Weekly Condo Sales

3 days ago | therealdeal.com | Kate Hinsche |Adam Farence

Miami-Dade County’s condo sales and dollar volume surged in the third week of June, bucking the market’s traditionally slower summer pace. Brokers closed 135 condo sales totaling $122 million from June 13 to June 21. The previous week, brokers closed 89 condo sales totaling $67.7 million. Last week’s units sold for an average of $903,964, higher than the $760,808 average price from the previous week. The average price per square foot rose to $580 from $547, according to data from Redfin.
Pompano Beach closing tops Broward weekly condo sales

1 week ago | therealdeal.com | Kate Hinsche |Adam Farence

Broward County’s condo sales and dollar volume dropped in the second week of June. Brokers closed 99 condo sales totaling $30.3 million from June 6 to June 14. The previous week, brokers closed 105 condo sales totaling $35.3 million. Last week’s units sold for an average of $306,049, lower than the $335,816 average price from the previous week. The average price per square foot fell to $254 from $290, according to data from Redfin. For the top 10 sales, prices ranged from $470,000 to $2.5 million.
Summer slowdown: Miami weekly condo sales slump to $68M

1 week ago | therealdeal.com | Kate Hinsche |Adam Farence

Miami-Dade County’s condo sales and dollar volume dropped in the second week of June, as the summer slowdown begins. Brokers closed 89 condo sales totaling $67.7 million from June 6 to June 14. The previous week, brokers closed 123 condo sales totaling $115.1 million, marking a 41 percent drop in dollar volume. Last week’s units sold for an average of $760,808, lower than the $935,700 average price from the previous week.
Broward County’s condo sales and dollar volume dropped in the first week of June.

2 weeks ago | therealdeal.com | Kate Hinsche |Adam Farence

Brokers closed 105 condo sales totaling $35.3 million from May 30 to June 7. The previous week, brokers closed 127 condo sales totaling $43.4 million. Last week’s units sold for an average of $335,816, lower than the $341,962 average price from the previous week. The average price per square foot rose to $290 from $266, according to data from Redfin. For the top 10 sales, prices ranged from $605,000 to $2.4 million.
Palm Beach County weekly condo sales dip to $54

2 weeks ago | therealdeal.com | Kate Hinsche |Adam Farence

Palm Beach County’s condo sales and dollar volume dipped in the first week of June. Brokers closed 91 condo sales totaling $53.9 million from May 30 to June 7. The previous week, brokers closed 129 condo sales totaling $62.6 million. Last week’s units sold for an average of $592,601, higher than the $485,614 average price from the previous week. The average price per square foot rose to $341 from $323, according to data from Redfin.
$12M Fisher Island closing tops Miami-Dade weekly condo sales

2 weeks ago | therealdeal.com | Kate Hinsche |Adam Farence

Miami-Dade County’s condo sales and dollar volume dipped in the first week of June. Brokers closed 123 condo sales totaling $115.1 million from May 30 to June 7. The previous week, brokers closed 129 condo sales totaling $151.4 million. Last week’s units sold for an average of $935,700, lower than the $1,173,360 average price from the previous week. The average price per square foot fell to $581 from $657, according to data from Redfin.
Broward County Weekly Condo Sales Rise to $43M

3 weeks ago | therealdeal.com | Kate Hinsche |Adam Farence

Broward County’s condo sales and dollar volume rose in the last week of May. Brokers closed 127 condo sales totaling $43.4 million from May 23 to May 31. The previous week, brokers closed 89 condo sales totaling $25.6 million. Last week’s units sold for an average of $341,962, higher than the $287,503 average price from the previous week. The average price per square foot rose to $266 from $250, according to data from Redfin. For the top 10 sales, prices ranged from $800,000 to $2.5 million.
Palm Beach County Weekly Condo Sales Surge to $63M

3 weeks ago | therealdeal.com | Kate Hinsche |Adam Farence

Palm Beach County’s condo sales and dollar volume rose in the last week of May. Brokers closed 129 condo sales totaling $62.6 million from May 23 to May 31. The previous week, brokers closed 85 condo sales totaling $48.5 million. Last week’s units sold for an average of $485,614, lower than the $570,234 average price from the previous week. The average price per square foot fell to $323 from $329, according to data from Redfin. For the top 10 sales, prices ranged from $1.3 million to $3.9 million.
Miami-Dade’s taxable property values reach $512B, as growth slows

3 weeks ago | therealdeal.com | Katherine Kallergis |Adam Farence

Taxable property values in Miami-Dade keep growing, but momentum is easing — and condos are dragging down the market, according to the property appraiser’s latest estimates for 2025. The estimated taxable value for real estate countywide reached $511.8 billion, an increase of 8.5 percent, year-over-year. That includes an additional $40.2 billion in taxable value compared to 2024, according to the office of Miami-Dade County Property Appraiser Tomás Regalado.