Slowest week of the year: Luxe resi contracts plummet in Miami-Dade

Last week was the slowest this year, as buyers signed contracts for just four luxury properties in Miami-Dade County.  A condo at Turnberry Ocean Club marked the priciest deal signed between July 14 and July 20, according to the latest Eklund-Gomes report, which tracks listings of homes and condos asking $4 million and up in Miami-Dade that are included in the Multiple Listing Service. The properties spent about 29 days on the market, on average.  Thirty-two luxury listings were added to the market, for a total of 1,194 listings.  The previous week, buyers signed contracts for 10 properties in Miami-Dade, […]This article originally appeared on The Real Deal. Click here to read the full story.