Condo sales dollar volume fell slightly last week in Miami.
A total of 134 condos sold for $58.6 million in Miami-Dade County, a drop in dollar volume from the previous week’s 132 closings for $65.5 million. Condos last week sold for an average price of about $434,000 or $295 per square foot.
Porsche Design Tower had the highest priced condo sale of the week, the $4.5 million trade of a three-bedroom, 5,913-square-foot unit on the 37th floor. Unit 3705 was on the market for 805 days before it sold for $761 per foot. Romina Kotliar represented the seller, and Edgardo Defortuna brought the buyer.
The second most-expensive condo deal was at Oceanside Fisher Island. Unit 7232 sold for $4.25 million, or $926 per foot, after 289 days on the market. Jill Eber brokered both sides of the deal.
Here’s a breakdown of the top 10 sales from May 19 to May 25. Click on the map for more information:
Most expensive
Porsche Design Tower #3705 | 805 days on market | $4.5M | $761 psf | Listing agent: Romina Kotliar | Buyer’s agent: Edgardo Defortuna
Least expensive
Champlain Tower East #12A | 120 days on market | $1.38M | $673 psf | Listing agent: Alberto Orso | Buyer’s agent: Inga Boutboul
Most days on market
Porsche Design Tower #3705 | 805 days on market | $4.5M | $761 psf | Listing agent: Romina Kotliar | Buyer’s agent: Edgardo Defortuna
Fewest days on market
Williams Island #PH03 | 43 days on market | $1.6M | $335 psf | Listing agent: Joel Matus | Buyer’s agent: Joel Matus