Condo sales volume improved slightly in Miami-Dade last week compared to the previous week.
The priciest condo to close was unit 19B at the Palace in Bal Harbour, which traded for $2.6 million. The two-bedroom, 3,110-square-foot corner unit was listed for $2.995 million and reduced to $2.6 million before it sold. Anita Bigelman of Harding Realty had the condo on the market for 122 days. The listing included a cabana at the Palace.
The second most expensive unit to sell was on Fisher Island. Saddy Abaunza of One Sotheby’s International Realty had unit #5245 on the market for 383 days before it sold for $2.05 million, or $1,051 per square foot.
The county saw 133 condos sell last week for $47 million. That marks an increase in total sales volume from the previous week’s nearly $44 million. Average prices were about $354,000 per unit and $264 per square foot.
Closing prices in the top 10 deals ranged from $830,000 to $2.6 million.
Here’s a breakdown of the data for the week of March 19 to March 25. Click on the map for more information:
The Palace #19B, Bal Harbour | 122 days on market | $2.6M | $836 psf | Listing agent: Anita Bigelman of Harding Realty
Terra Beachside Villas #511, Miami Beach | 143 days on market | $830k | $405 psf | Listing agent: Jelena Khurana of One Sotheby’s International Realty
Most days on market
Porto Vita #1003, Aventura | 515 days on market | $1.7M | $515 psf | Listing agent: Alice Sardell of Sardell & Co.
Least days on market
Murano Grande #1610, Miami Beach | 51 days on market | $1.59M | $1,029 psf | Listing agent: Chad Carroll of Douglas Elliman