Miami condo sales volume bounces back following Hurricane Dorian

Top 10 sales ranged from $750K to $6M

TRD MIAMI /
Sep.September 17, 2019 04:00 PM

Condo sales in Miami continued recovering following the disruption caused by Hurricane Dorian in early September.

A total of 99 condos sold for $45.7 million in Miami-Dade County last week, up from $27.5 million in sales volume for 69 units the previous week. Condos last week sold for an average price of about $461,000 or $324 per square foot.

The top sale was the $6.13 million closing of St. Regis Bal Harbour unit 1201 in the south tower of the luxury condo development. After 348 days on the market, the 3,884-square-foot, three-bedroom unit sold for nearly $1,600 per square foot. Bill Hernandez and Bryan Sereny were the listing agents, while the buyer’s agent was Ryan Mendell.

Unit 1219 at 1 Hotel & Homes South Beach sold for about $3 million, or over $1,500 per square foot, marking the second most expensive condo sale of the week. Jeffrey Miller represented the seller, while Tracy Galya brought the buyer. The unit was on the market for 309 days before it closed.

Here’s a breakdown of the top 10 sales from Sept. 8 to Sept. 14. Click on the map for more information:

Most expensive
Bal Harbour North South Condo #1201S | 348 days on market | $6.13M | $1,577 psf | Listing agents: Bill Hernandez and Bryan Sereny | Buyer’s agent: Ryan Mendell

Least expensive
Grove Towers #12F | 1 day on market | $750K | $446 psf | Listing agent: Riley Smith | Buyer’s agent: Anthony Soto

Most days on market
Fontainebleau II #2702 and #2704 | 558 days on market | $2M | $1,337 psf | Listing agent: Mary Cases | Buyer’s agent: Christian Dreyfuss

Fewest days on market
Grove Towers #12F | 1 day on market | $750K | $446 psf | Listing agent: Riley Smith | Buyer’s agent: Anthony Soto


Related Articles

arrow_forward_ios
Map of priciest condo sales and St. Regis Bal Harbour

Condos selling in Miami-Dade amid soaring coronavirus cases

Condos selling in Miami-Dade amid soaring coronavirus cases
Map of priciest condo sales and One Thousand Museum (Credit: Google Maps and Wikipeda)

Miami condo sales bounce back

Miami condo sales bounce back
Map of priciest condo sales and Oceanside Fisher Island (Credit: Google Maps and Redfin)

Miami condo sales flatten at the end of June

Miami condo sales flatten at the end of June
Map of priciest condo sales and Bayview Fisher Island unit 5342 (Google Maps, Compass. JJW Construction)

Miami condo sales dollar volume continues to drop

Miami condo sales dollar volume continues to drop
Map of priciest condo sales and Palazzo Della Luna (Google Maps)

More Miami condos sold last week, but dollar volume fell

More Miami condos sold last week, but dollar volume fell
Map of priciest condo sales and Palazzo Del Sol

Condo sales volume surges in first week of June

Condo sales volume surges in first week of June
Map of priciest condo sales and 19333 Collins Ave (Credit: Google Maps)

Miami condo sales volume in free fall last week of May

Miami condo sales volume in free fall last week of May
Todd Leebow and Glass in South Beach (Credit: AMM, Seaside Properties Group)

Ohio steel family sells South Beach condo for 48% off ask

Ohio steel family sells South Beach condo for 48% off ask
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...