More condos sold for a higher total sales volume in Miami-Dade County last week compared to the week before. And nearly all of the top 10 deals were above $1 million.
The most expensive condo to sell last week was at the St. Regis Bal Harbour. Unit 401S, which sold for $4.5 million, has three bedrooms plus a den, three wraparound balconies and access to the St. Regis amenities. It was on the market for only 23 days before it traded hands. Ludmila Bogatov of Bogatov Realty had the listing.
The second priciest condo sale was the $2.2 million trade of unit 16C at the Gables Club on Edgewater Drive. It was listed for 258 days before it sold for $741 per square foot. Chris Crystal of Miami Real Estate Co. listed the 2,970-square-foot unit.
The county saw 121 condos sell last week for nearly $46 million. That marks a bump in total sales volume from the previous week’s $38.75 million, but an increase in the number of condos sold. Average prices were about $380,000 per unit and $277 per square foot.
Closing prices in the top 10 ranged from $4.5 million to $979,000.
Here’s a breakdown of the data for the week of Feb. 19 to Feb. 25 Click on the map for more information:
Most expensive
St. Regis Bal Harbour #401S, Bal Harbour | 23 days on market | $4.5M | $1,159 psf | Ludmila Bogatov of Bogatov Realty
Least expensive
Yacht Club at Portofino #1502, Miami Beach | 77 days on market | $979,000 | $866 psf | David Siddons of EWM
Most days on market
Bentley Bay PH #2503, Miami Beach | 373 days on market | $1.9 | $995 psf | Jonathan Corso of Coldwell Banker
Least days on market
St. Regis Bal Harbour #401S, Bal Harbour | 23 days on market | $4.5M | $1,159 psf | Ludmila Bogatov of Bogatov Realty