Summer slowdown: Broward weekly condo sales drop to $29M

Broward County’s condo sales and dollar volume dropped last week.  Brokers closed 96 condo sales totaling $29 million from Aug. 4 to Aug. 10. That’s down from 134 condo sales totaling $33.5 million the week prior.  Last week’s units sold for an average of $302,128, higher than the $250,182 average price from the previous week. The average price per square foot rose to $253 from $225, according to data from Redfin. For the top 10 sales, prices ranged from $575,000 to $3 million.  Unit 1706 at Paramount, at 701 North Fort Lauderdale Beach Boulevard in Fort Lauderdale, took the top […]This article originally appeared on The Real Deal. Click here to read the full story.