Condo sales in Miami-Dade took a dive last week.
The county recorded 107 closings for a total of $33.75 million, a roughly $20 million drop from the previous week’s 150 closings for a total of $54.2 million in sales volume. Condos last week sold for an average price of about $315,500 or nearly $260 per square foot.
Closing prices in the top 10 deals ranged from $635,000 to $1.7 million.
The top two condo sales were for units in Coral Gables. Units 803 and 804 sold for a collective $3.29 million at Deering Bay. Unit 804, a four-bedroom, 3,288-square-foot condo, sold for $1.7 million. Next door, unit 803, a three-bedroom, 2,972-square-foot condo, traded hands for $1.59 million. Geraldine Brodie represented the seller and Aurelia Falero brought the buyer in both deals.
Here’s a breakdown of the top 10 sales from Oct. 21 to Oct. 27. Click on the map for more information:
Deering Bay, Coral Gables | #804 | 360 days on market | $1.7M | $517 psf | Listing agent: Geraldine Brodie | Buyer’s agent: Aurelia Falero
Toscano, Miami | PH-15 | 455 days on market | $635k | $335 psf | Listing agent: Aurelia Falero | Buyer’s agent: Christina Pappas
Most days on market
Deering Bay, Coral Gables | #803 | 461 days on market | $1.59M | $536 psf | Listing agent: Geraldine Brodie | Buyer’s agent: Aurelia Falero
Fewest days on market
Jockey Club III | PH-5 | 166 days on market | $1.5M | $377 psf | Listing agent: Juan Aluma | Buyer’s agent: Ana Fournaris