Condo sales in Miami-Dade improved last week with a big bump in sales volume and all of the top 10 units above the $1 million luxury threshold.
The most expensive unit to close last week was a recently renovated condo at the Setai Resort & Residences in Miami Beach. The 1,316-square-foot unit #2506 sold after 252 days on the market for $3.4 million and also marked the highest per-square-foot price at $2,584. Compass agent Lourdes Gutierrez was the listing agent.
The second priciest unit to sell was a Coral Gables penthouse at 60 Edgewater Drive. Penthouse 3D sold for $2.615 million after 78 days on the market with EWM Realty International’s Judy Zeder. It traded for $826 per square foot.
Following that unit, a condo at Brickell City Centre’s Reach tower was flipped for $1.95 million, or $712 per square foot. Unit 3801 was listed with Joanna Berg of Fortune International Realty for 105 days before it closed.
The county saw 156 condos sell last week for $57.3 million. That marks an increase in total sales volume from the previous week’s $35.8 million and in the total number of units sold. Average prices were about $367,000 per unit and $283 per square foot.
Closing prices ranged from $3.4 million to $1.09 million.
Here’s a breakdown of the data for the week of Jan. 29 to Feb. 4. Click on the map for more information:
Most expensive
Setai Residences #2506, Miami Beach | 251 days on market | $3.4M | $2,583 psf | Lourdes Gutierrez of Compass
Least expensive
Oceana III #2236, Sunny Isles Beach | 518 days on market | $1.09M | $540 psf | Bela Chuzhyk of Azora Realty
Most days on market
Oceana III #2236, Sunny Isles Beach | 518 days on market | $1.09M | $540 psf | Bela Chuzhyk of Azora Realty
Least days on market
Bristol Tower #2305, Miami | 60 days on market | $1.35M | $584 psf | Allison Blumenthal of Avatar Real Estate Services