Miami-Dade County recorded higher condo sales last week but a lower sales volume thanks to a decline in ultra high-end condo closings.
More than 100 closings were recorded for a total of $38.6 million, a significant drop in sales volume from previous week’s 82 closings for $69 million. Condos last week sold for an average price of about $339,000 or $287 per square foot.
The most expensive deal to close was at the north tower of the Carillon in Miami Beach. Unit 606/607, a combined unit, traded hands for $2.2 million, or $614 per foot. It was on the market with Dale Hamel and the buyer was represented by Juan Alvarez. The four-bedroom, 3,615-square-foot unit was listed for 136 days before it sold.
The second highest sale also spent the longest time on the market of the top 10 condo deals. Unit 3901 at the Pinnacle sold for $1.9 million, or nearly $500 per foot, after more than 650 days on the market. Darin Spencer Raymond represented the seller, and Alvaro Minor brought the buyer.
Here’s a breakdown of the top 10 sales from Feb. 10 to Feb. 16. Click on the map for more information:
The Carillon north tower #606/07 | 136 days on market | $2.2M | $614 psf | Listing agent: Dale Hamel | Buyer’s agent: Juan Alvarez
South Bay Club Condo #745 | 49 days on market | $705K | $629 psf | Listing agent: Dina Goldentayer | Buyer’s agent: Felipe Cunha
Most days on market
The Pinnacle #3901 | 653 days on market | $1.9M | $495 psf | Listing agent: Darin Spencer Raymond | Buyer’s agent: Alvaro Minor
Fewest days on market
Axis on Brickell #3706-S | 4 days on market | $865K | $477 psf | Listing agent: Alice Benatar Benarroch | Buyer’s agent: Indira Lopez