Miami-Dade County’s condo market is bouncing back.
During the last week of September, 190 units sold for nearly $83 million, an increase from the previous week’s $51 million.
Condos sold for an average price of about $435,000 and $292 per square foot.
Closing prices in the top 10 deals ranged from $1.15 million to $8 million.
A unit spanning the entire 14th floor at Regalia sold for $8 million, or more than $1,000 per square foot. Chad Carroll, who took over remaining sales at the Sunny Isles Beach tower earlier this year, was the listing agent. It spent about three months on the market before the unit sold.
A condo at the St. Regis Bal Harbour sold for $5.83 million, marking the second priciest sale of the week. Senada Adzem, also of Elliman, listed the roughly 5,000-square-foot unit nearly 11 months ago.
Here’s a breakdown of the data from Sept. 24 to Sept. 30. Click on the map for more information:
Regalia #14, Sunny Isles Beach | 90 days on market | $8M | $1,053 psf | Listing agent: Chad Carroll of Douglas Elliman
Paramount Bay #3610, Miami | 450 days on market | $1.15M | $685 psf | Listing agent: Cynthia Caridad of Douglas Elliman
Most days on market
1000 Venetian #901, Miami Beach | 510 days on market | $3.95M | $934 psf | Listing agent: Stacy Robins of the Stacy Robins Companies
Least days on market
Kenilworth #504, Bal Harbour | 78 days on market | $1.95M | $629 psf | Listing agent: Ryan Jeffreys of RelatedISG