Miami-Dade condo sales continued to yo-yo, dropping by more than 10 percent last week.
Condo sales totaled 124 closings for a combined $48.4 million, about 16 fewer units fewer and $23 million less than the previous week. Condos last week sold for an average price of about $390,000 or $293 per square foot.
The top sale was at the Continuum South Beach. Unit 1002 in the north tower traded hands for $4.1 million, or about $2,000 per foot, after more than a year on the market. Keith Marks represented the seller and Angela Buitrago-Wood brought the buyer.
Next up was the $2.8 million closing of penthouse 2 at Ocean Club in Key Biscayne. Natalia Anda was the listing agent, and Rita Benavides-Munoz represented the buyer. The condo sold for nearly $800 per foot.
Closing prices in the top 10 deals ranged from $997,000 to $4.1 million.
Here’s a breakdown of the top 10 sales from July 22 to July 28. Click on the map for more information:
Continuum North #1002, Miami Beach | 391 days on market | $4.1M | $2,074 psf | Listing agent: Keith Marks | Buyer’s agent: Angela Buitrago-Wood
Marbella #1201, Surfside | 225 days on market | $997k | $535 psf | Listing agent: Flavia Campero | Buyer’s agent: Sheryl Goldberg
Most days on market
Ocean Club # PH-2, Key Biscayne | 617 days on market | $2.8M | $795 psf | Listing agent: Natalia Anda | Buyer’s agent: Rita Benavides-Munoz
Fewest days on market
Akoya #2202, Miami Beach | 43 days on market | $1.05M | $754 psf | Listing agent: Henry Benito | Buyer’s agent: Andres Fernandez