A number of multimillion-dollar sales kept the average condo sale price high last week in Miami-Dade.
The number of closings totaled 123 for a total of $64 million, a decline from the previous week’s 193 closings for $96 million. Condos last week sold for an average price of about $523,000 or $371 per square foot.
A four-bedroom, 5,207-square-foot unit at the Ocean Club in Key Biscayne traded hands for $5.9 million, or more than $1,100 per foot. The renovated unit was on the market for nearly five months before it sold. Natalia Anda represented the seller and Carlos Coto brought the buyer.
The second priciest unit to sell last week was a penthouse at the Palace at Bal Harbour, which closed for $5 million, or $678 per foot. Liz Hogan was the listing agent and Stephanie Jourdan Pedron brought the buyer. It was listed for sale for 246 days.
Here’s a breakdown of the top 10 sales from March 17 to March 23. Click on the map for more information:
Most expensive
Ocean Tower Two #808 | 146 days on market | $5.9M | $1,128 psf | Listing agent: Natalia Anda | Buyer’s agent: Carlos Coto
Least expensive
Rise Condominium #2302 | 8 days on market | $1.3M | $705 psf | Listing agent: Craig Studnicky | Buyer’s agent: Andres Larin
Most days on market
1 Hotel & Homes #1018 | 480 days on market | $1.5M | $1,680 psf | Listing agent: Esther Percal | Buyer’s agent: Lizzie Padro
Fewest days on market
Rise Condominium #2302 | 8 days on market | $1.3M | $705 psf | Listing agent: Craig Studnicky | Buyer’s agent: Andres Larin