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SoFl Average Per Sq.Ft. Condo Price $960

Jul 31, 2013, 2:48pm EDT

South Florida's average per square foot condo price is $960

 

Mark Freerks

Condo Vultures is reporting that the average pre-sale price for condos in South Florida is $960 per-square-foot.

Reporter- South Florida Business Journal
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Pre-construction pricing in South Florida ranges from below $250 to nearly $2,650 a square foot.

Condo Vultures’ Peter Zalewski made the comments during a discussion hosted by mckafka Development Group, developer of the Crimson condo in Miami.

The average price is $960 a square foot, according to a survey of nearly 50 projects in South Florida that have pre-sales.

On a county-by-county basis, the mean price for a preconstruction condo is more than $1,060 per square foot in Miami-Dade, nearly $575 per square foot in Palm Beach, and less than $500 per square foot in Broward, according to Zalewski.

Oscar Pedro Musibay covers real estate.
http://www.sanlorinproperties.com



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