Art Basel may have distracted condo buyers in Miami-Dade County.
Only 119 units sold last week for about $43 million, down from the previous week’s $63 million in sales volume. Condos sold for an average price of about $361,000, or $288 per square foot.
Closing prices for the top 10 deals ranged from more than $1.1 million to nearly $2.4 million.
The most expensive sale occurred at Grove at Grand Bay, where a four-bedroom unit sold for $2.39 million after more than a year on the market. Moreno Habif represented the seller, and Nancy Batchelor represented the buyer.
Next up was the $2.1 million sale of unit 802-03 at Siena Deering Bay in Coral Gables. Victor Vazquez had the listing for the three-bedroom unit, and Michelle Trujillo repped the buyer. The condo was listed for 180 days before it closed.
Here’s a breakdown of the data from Dec. 3 to Dec. 9. Click on the map for more information:
Grove at Grand Bay #401-N, Coconut Grove | 459 days on market | $2.39M | $607 psf | Listing agent: Moreno Habif | Buyer’s agent: Nancy Batchelor
Yacht Harbour #13F, Miami | 163 days on market | $1.13M | $467 psf | Listing agent: Kathrin Rein | Buyer’s agent: Carole Smith
Most days on market
Peninsula #2701, Aventura | 680 days on market | $1.75M | $495 psf | Listing agent: Sid Koslovsky | Buyer’s agent: Nicoleta Balea
Fewest days on market
Sands Pointe #1707, North Miami Beach | 146 days on market | $1.48M | $696 psf | Listing agent: Wendy Cohen | Buyer’s agent: Allan Filgueiras