Miami property sells for $11.2 million in one day

Whereas the media seemingly focuses on “bad news” and talking about the “credit crisis” a property on Fisher Island (Miami) sold for $11,200,000 after only being on the market for one day.

Closed transactions for last month in Miami Dade County include:

$11,200,000
Days on market: 1

$10,200,000
Days on market: 420

$7,050,000
Days on market: 4

$5,550,000
Days on market: 185

$5,500,000
Days on market: 183

$4,800,000
Days on market: 138

$4,550,000
Days on market: 186

$4,300,000
Days on market: 352

$4,265,000
Days on market: 23

And the most expensive property sold in Aventura last month:

$56,000,000
Days on market: 209

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