Condo sales fell slightly last week in Miami.
A total of 126 condos sold for $60 million in Miami-Dade County, compared to 127 closings for $73 million. Condos last week sold for an average price of about $475,000 or $346 per square foot.
After nearly 500 days on the market, a unit at Il Villaggio finally sold for $3.3 million, or about $1,500 per square foot. Unit 809, a corner unit, was listed with Bill Hernandez. The property includes access to private beach lounges, a pool and two-story fitness center. Lori Prepszent brought the buyer.
The second-most expensive condo sale of the week was at Oceana Key Biscayne. Lower penthouse 5 north sold for $2.7 million after 58 days on the market. Brigitte Nachtigall was the listing agent, and Esteban Ferrari was the buyer’s agent. The unit traded for $1,546 per square foot.
Here’s a breakdown of the top 10 sales from June 2 to June 8. Click on the map for more information:
Il Villaggio #809 | 494 days on market | $3.3M | $1,467 psf | Listing agent: Bill Hernandez | Buyer’s agent: Lori Prepszent
The Ocean Club – Lake Villa Two #PH2 | 125 days on market | $1.6M | $638 psf | Listing agent: Daniel Gaviria | Buyer’s agent: Bibiana Botero
Most days on market
Grove at Grand Bay #602-N | 981 days on market | $2M | $969 psf | Listing agent: Ana Jerez | Buyer’s agent: Donato Calandriello
Fewest days on market
Spear at Aqua #PH2 | 6 days on market | $2.3M | $1,007 psf | Listing agent: Nancy Batchelor | Buyer’s agent: Chris Deitz