Condo sales volume in Miami-Dade dropped again for the second week of April compared to the previous week.
The priciest unit to sell was a combined condo at Tequesta 3 on Brickell Key. Units 3604/3602 sold for $2.575 million, or about $766 per square foot. The five-bedroom, 3,360-square-foot condo was on the market with Maria Gomez of Real Estate One for 199 days before it closed. It features two terraces, marble and wood flooring, an open kitchen and a 200-bottle walk-in wine cellar.
The second most expensive condo sale in Miami-Dade last week was the $2.5 million sale of unit 802 at Mei. Romina Grinberg of Brightway Properties had the listing. It sold for $1,385 per square foot after 143 days on the market.
The county saw 124 condos sell last week for $45.4 million. That marks another weekly drop compared to last week’s $67 million. Average prices were about $366,000 per unit and $282 per square foot.
Closing prices in the top 10 deals ranged from $885,000 to $2.58 million.
Here’s a breakdown of the data for the week of April 9 to April 15. Click on the map for more information:
Tequesta 3 #3604/2, Miami | 199 days on market | $2.575M | $766 psf | Listing agent: Maria Gomez of Real Estate One
Trump Tower III #2705, Sunny Isles Beach | 85 days on market | $885,000 | $605 psf | Listing agent: Carolina Lopez of Turnberry International Realty
Most days on market
Ocean Four #PH03, Sunny Isles Beach | 444 days on market | $1.15M | $700 psf | Listing agent: Valentina Wish of Beachfront Realty
Least days on market
South Pointe Tower #PH2501, Miami Beach | 38 days on market | $1.925M | $1,426 psf | Listing agent: Michael Feuling of Miami Investment Property LLC