Miami-Dade condo sales kept falling, and falling, and falling last week.
The county recorded 125 closings for a total of $48.3 million, down from the previous week’s $55 million sales volume for 109 units. Condos last week sold for an average price of about $386,000 or $306 per square foot.
The top closing was the $6.6 million sale of unit 2502 at Continuum South Beach, in the south tower. The four-bedroom, 3,017-square-foot unit was listed with Bill Hernandez for 130 days before it closed for nearly $2,100 per foot. Kayce Driscoll represented the buyer.
The second most expensive closing was at Oceana in Key Biscayne. Unit #604N sold $2.5 million, or nearly $1,500 per square foot, after 480 days on the market. Maria Luisa Tinoco represented the seller, and Bruno Ricci brought the buyer.
Closing prices in the top 10 deals ranged from about $935,000 to $6.6 million.
Here’s a breakdown of the top 10 sales from July 8 to July 14. Click on the map for more information:
Continuum South Beach #2502 | 130 days on market | $6.6M | $2,188 psf | Listing agent: Bill Hernandez | Buyer’s agent: Kayce Driscoll
The Bentley Bay #2211 | 240 days on market | $935k | $747 psf | Listing agent: Jonathan Corso | Buyer’s agent: Nicole Matos
Most days on market
Marina Palms #707 | 685 days on market | $1.05M | $507 psf | Listing agent: Mantas Kudrinas | Buyer’s agent: Lea Novgrad
Fewest days on market
Casa del Mar #12C | 96 days on market | $1.09M | $581 psf | Listing agent: Tatiana Moreira | Buyer’s agent: Lorena Morillo