Condo sales in Miami-Dade County took a dive last week.
The most expensive unit to close was the $4 million sale of unit 704 at the Continuum South Beach. It was on the market for more then 20 months, spending the longest time on the market of the top 10 condo sales. Kevin Barber of Realty 24/7 Co. was the listing agent. The two-bedroom, 2,292-square-foot condo sold for $1,745 per square foot.
The second priciest deal was for unit 4C at Casa Del Mar in South Beach. Rickey Mitchell of Mitchell Realty Services had the unit on the market for 104 days before it traded for $800 per square foot.
The county saw 149 condos sell last week for nearly $44.7 million. That marks nearly half the previous week’s $84.4 million. Average prices were about $300,000 per unit and $264 per square foot.
Closing prices in the top 10 deals ranged from $654,000 to $4 million.
Here’s a breakdown of the data for the week of May 7 to May 13. Click on the map for more information:
Most expensive
Continuum South Beach #704, Miami Beach | 629 days on market | $4M | $1,745 psf | Listing agent: Kevin Barber of Realty 24/7 Co.
Least expensive
Oceania V #1854, Sunny Isles Beach | 53 days on market | $654k | $325 psf | Listing agent: Susan Rindley of One Sotheby’s International Realty
Most days on market
Continuum South Beach #704, Miami Beach | 629 days on market | $4M | $1,745 psf | Listing agent: Kevin Barber of Realty 24/7 Co.
Least days on market
Marina Blue #4308, Miami | 31 days on market | $695k | $521 psf | Listing agent: Darin Feldman of Insignia International Properties