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Miami condo prices jump 24 percent in October

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The median sales price for condominiums in Miami-Dade County rose 24.2 percent to $146,000 in October, compared to the same month in 2011, according to data from the Miami Association of Realtors. Single-family home prices saw a 5.8 percent increase in median sales prices to $185,000 in the same period. Sales activity also increased, rising 24.2 percent, with a 41.9 percent increase in single-family home sales activity. “Intense demand for Miami properties continues to fuel



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