Condo sales jumped last week with a number of units selling above $1 million.
The number of closings totaled 193, for a total of $96 million traded, up from the previous week’s 100 closings for $32 million. Condos last week sold for an average price of about $498,000 or $338 per square foot.
The most expensive condo trade was the $8.75 million sale of a combined unit at Il Villaggio in Miami Beach. Jose Bastón, husband to “Desperate Housewives” actress Eva Longoria, sold his unit to Quebec developer Zave Aberman and his wife, Celia. Barbera Estela of One Sotheby’s represented both sides of the deal. It sold for more than $2,200 per foot.
The second priciest sale was at St. Regis Bal Harbour. Units 703S/705S sold for $7.43 million, or over $1,500 per foot, after 203 days on the market. Scott Gerow represented the seller, and the buyer’s agent was Jelena Grady.
Here’s a breakdown of the top 10 sales from March 10 to March 16. Click on the map for more information:
Most expensive
Il Villaggio #1104/5 | 38 days on market | $8.75M | $2,206 psf | Listing and buyer’s agent: Barbara Estela
Least expensive
South Pointe Towers #604 | 601 days on market | $1.3M | $701 psf | Listing agent: Michelle Canals | Buyer’s agent: Colin Feuling
Most days on market
South Pointe Towers #604 | 601 days on market | $1.3M | $701 psf | Listing agent: Michelle Canals | Buyer’s agent: Colin Feuling
Fewest days on market
Il Villaggio #1104/5 | 38 days on market | $8.75M | $2,206 psf | Listing agent: Barbara Estela