Last week’s luxury condo sales in Miami-Dade County slowed down again, with a few high-priced highlights and a few sub-$1 million closings, according to data from condo.com.
The week’s most expensive sale was a unit in Fisher Island’s Oceanside tower, which traded for $5.5 million. The unit had been on the market for over a year, but more than doubled its last sale price of $2.62 million in 2009. Lazaro Rivero of Rivero Real Estate had the listing.
A penthouse in Three Tequesta Point was the second most expensive sale last week, at about half of the price of Fisher Island sale. The residence, which was listed by Bert Velunza of Velunza-Realtors, sold for $2.3 million.
Prices dropped gradually after Velunza’s listing, dropping a few-hundred-thousand dollars per listing until the week’s low of $925,000.
Sales were also down throughout the county after last week’s blowout $90.43 million spent on 217 condo sales. This week totaled $50 million from 127 sales. The average sale price was $393,939 and the average price per square foot was $287.
Most days on market
Least days on market