Condo sales in Miami-Dade took a dive last week.
The county saw 164 condos sell last week for $61.3 million, a decline from the previous week’s $78.9 million. The average prices were about $374,000 per unit and $270 per square foot.
The most expensive unit to trade was #803 at Murano Grande in Miami Beach. The 3,058-square-foot, three-bedroom unit was on the market for 157 days with Bryan Sereny and Tracy Galya of Douglas Elliman before it traded hands for $2.7 million.
Next was the sale of unit 1134 at Cloisters on the Bay in Coconut Grove. Riley Smith of EWM Realty International had that listing for 520 days – the longest of the top 10 condo sales last week – before it closed for $2.58 million, or about $540 per square foot.
Closing prices in the top 10 deals ranged from $1.32 million to $2.7 million.
Here’s a breakdown of the data for the week of June 4 to June 10. Click on the map for more information:
Murano Grande #803, Miami Beach | 157 days on market | $2.7M | $883 psf | Listing agent: Bryan Sereny and Tracy Galya of Douglas Elliman
Carillon North #204, Miami Beach | 81 days on market | $1.32M | $540 psf | Listing agent: Nir-David Perets of Charles Rutenberg Realty
Most days on market
Cloisters on the Bay #1134, Coconut Grove | 520 days on market | $2.58M | $494 psf | Listing agent: Riley Smith of EWM Realty International
Least days on market
Jade Beach #801, Sunny Isles Beach | 71 days on market | $1.47M | $789 psf | Listing agent: Marta Kottar of Turnberry Realty