Some Miami Area Condo Prices Under Pressure a Year After Surfside Building Collapse

One year after the deadly collapse of a 12-story condo building in the town of Surfside, Fla., took 98 lives, condominium sales prices there and in nearby Miami Beach are down noticeably.

Surfside’s average condo sales price in April and May was $1.3 million, or 64% lower than in those months a year earlier, according to a report by ONE Sotheby’s International Realty, a Miami-based real-estate firm.