Condo sales in Miami-Dade took a leap last week.
The county saw 173 condos trade last week for $79.7 million, a roughly $26 million bump from the previous week’s $53.6 million. The average prices were about $461,000 per unit and $295 per square foot.
The most expensive unit to close was the $6.35 million sale of unit 3403 at the Continuum. Chad Carroll of Douglas Elliman had the four-bedroom, 3,030-square-foot condo on the market for 79 days. It traded for just more than $2,000 per square foot. A spokesperson for Douglas Elliman told The Real Deal the buyer is from Europe, but declined to provide additional information.
The second priciest condo sale was for a unit at the St. Regis in Bal Harbour. Unit 1003 spent 404 days on the market before it sold for $4.5 million, or $1,400 per square foot. Stefano Santoro of Beachfront Realty Inc. was the listing agent.
Closing prices in the top 10 deals ranged from $1.4 million to $6.35 million.
Here’s a breakdown of the data for the week of June 18 to June 24. Click on the map for more information:
Continuum #3402, Miami Beach | 79 days on market | $6.35M | $2,096 psf | Listing agent: Chad Carroll of Douglas Elliman
Millennium #1701, Sunny Isles Beach | 94 days on market | $1.4M | $633 psf | Listing agent: Jose Augusto Nunes of Algebra Realty
Most days on market
Least days on market
Continuum #3402, Miami Beach | 79 days on market | $6.35M | $1,560 psf | Listing agent: Chad Carroll of Douglas Elliman
A previous version of this story incorrectly identified the time on market and price per square foot of unit 1003 at the St. Regis in Bal Harbour.