Weekly condo sales volume drops in Miami during pandemic

Top 10 sales ranged from $1M to $4M

Miami /
Mar.March 31, 2020 11:30 AM

The number of condos sold in Miami-Dade County held steady last week, while the total sales volume dropped during the coronavirus pandemic.

A total of 118 condos sold for $50 million last week, compared to 121 units that sold for $70 million the previous week.  Condos last week sold for an average price of about $424,000 or $324 per square foot.

The top sale was at the Continuum North tower in South Beach. Unit 3003 sold for $4.2 million, or $1,933 per square feet. Sonia Toth represented the seller, while Eloy Carmenate and Mick Duchon brought the buyer.

The second most expensive condo closing was at Oceana Bal Harbour. Unit 902 in the north tower sold for $3.5 million, or $1,567 per square foot. It was listed for 702 days. Brenda Powers was the listing agent and Chad Carroll brought the buyer.

Here’s a breakdown of the top 10 sales from March 22 to March 28. Click on the map for more information:

Most expensive
Continuum North #3003 | 143 days on market | $4.2M | $1,933 psf | Listing agent: Sonia Toth | Buyer’s agents: Eloy Carmenate and Mick Duchon

Least expensive
Ritz-Carlton Residences Coconut Grove #1503 | 279 days on market | $1M | $686 psf | Listing agent: Raul Rivero | Buyer’s agent: Raul Rivero

Most days on market
Oceana Bal Harbour #902N | 702 days on market | $3.5M | $1,567 psf | Listing agent: Brenda Powers | Buyer’s agent: Chad Carroll

Fewest days on market
Biltmore Parc #402 | 3 days on market | $1M | $501 psf | Listing agent: Jeannett Slesnick | Buyer’s agent: Jeannett Slesnick


Related Articles

arrow_forward_ios
Corcoran’s Julian Johnston, Luxe Living Realty’s Dora Puig, One Sotheby’s’ Jeff Miller, Douglas Elliman’s Dina Goldentayer and Douglas Elliman’s Oren Alexander
WATCH: Top luxury brokers go head to head at TRD’s Miami event
WATCH: Top luxury brokers go head to head at TRD’s Miami event
The south tower of the Continuum on South Beach (Continuum)
Digital marketing exec buys second luxury home in South Florida
Digital marketing exec buys second luxury home in South Florida
Philly developer Bart Blatstein buys Continuum townhome for $6M
Philly developer Bart Blatstein buys Continuum townhome for $6M
Philly developer Bart Blatstein buys Continuum townhome for $6M
Eichner launches sales of waterfront Bay Harbor Islands condo project
Eichner launches sales of waterfront Bay Harbor Islands condo project
Eichner launches sales of waterfront Bay Harbor Islands condo project
A unit in Continuum South Beach was the top sale last week (Luxhunters for ONE Sotheby’s International Realty)
Tech entrepreneur’s purchase of Continuum unit leads Miami-Dade weekly condo sales
Tech entrepreneur’s purchase of Continuum unit leads Miami-Dade weekly condo sales
Tech entrepreneur pays $8M for Continuum South Beach condo
Tech entrepreneur pays $8M for Continuum South Beach condo
Tech entrepreneur pays $8M for Continuum South Beach condo
Brian Vickers with the Continuum South tower (Continuum on South Beach)
Retired Nascar driver Brian Vickers buys Miami Beach condo for $6M
Retired Nascar driver Brian Vickers buys Miami Beach condo for $6M
PKWare CEO Spencer Kupferman with the Bay Harbor Islands home (PKWare, Compass via Douglas Elliman)
Software honcho pays record $13M for waterfront Bay Harbor Islands home
Software honcho pays record $13M for waterfront Bay Harbor Islands home
arrow_forward_ios

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

Loading...