Weekly condo sales fall by 45% in Miami-Dade County

Top 10 sales ranged from $624K to $3.5M

Miami /
May.May 11, 2020 01:30 PM

Condo sales dropped by nearly half last week, though condo sales dollar volume remained steady.

A total of 47 condos in Miami-Dade County sold for $54 million last week. That’s compared to 85 units that sold for $55 million the previous week. Condos last week sold for an average price of about $571,000 or $370 per square foot.

The top deal was for unit 801 at Murano at Portofino in Miami Beach. The three-bedroom, 3,365-square-foot condo sold for $3.5 million, or $1,040 per square foot, after 301 days on the market. The listing agent was Gaynor Fairchild, and the buyer’s agent was Scott Betten.

Unit 907 at Continuum South in Miami Beach marked the second most expensive sale of the week. After 464 days on the market, it traded for $2.8 million, or nearly $1,500 per square foot. Sonia Toth represented the seller, and Christian Kawas brought the buyer.

Here’s a breakdown of the top 10 sales from April 3 to May 9. Click on the map for more information:

Most expensive
Murano at Portofino #801 | 301 days on market | $3.5M | $1,040 psf | Listing agent: Gaynor Fairchild | Buyer’s agent: Scott Betten

Least expensive
Ritz-Carlton Bal Harbour #314 | 185 days on market | $624K | $545 psf | Listing agent: Diane Lieberman | Buyer’s agent: Tara Panaccione

Most days on market
Continuum South #907 | 464 days on market | $2.8M | $1,497 psf | Listing agent: Sonia Toth | Buyer’s agent: Christian Kawas

Fewest days on market
Mei Condo #1601 | 1 day on market | $1.5M | $1,135 psf | Listing agent: Alina Chudnova | Buyer’s agent: Lisa Van Wagenen


Related Articles

arrow_forward_ios
830 Brickell and the co-developers Cain's Jonathan Goldstein and Vlad Doronin (Getty, OKO Group / Cain International)
Lease roundup: Canada’s CI Financial picks Brickell for new US HQ
Lease roundup: Canada’s CI Financial picks Brickell for new US HQ
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
Ex-Miami Dolphins defensive end Andre Branch with the $6 million property (Getty, The Jills Zeder Group)
Ex-Miami Dolphins player sells non-waterfront Miami Beach home for $6M
Ex-Miami Dolphins player sells non-waterfront Miami Beach home for $6M
Renderings of 3017 Flamingo Drive and Andrew Lessman (D/Vice Inc., ProCaps Laboratories)
Vitamin mogul Andrew Lessman wins approval to build Miami Beach mansion
Vitamin mogul Andrew Lessman wins approval to build Miami Beach mansion
After the construction of Eighty Seven Park (Google Maps)
Before Surfside tragedy, neighboring tower faced opposition, delays over construction impact
Before Surfside tragedy, neighboring tower faced opposition, delays over construction impact
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
AIMCO founder Terry Considine and a rendering of the Grand Flamingo tower
Miami Beach board rejects Aimco’s proposal for Grand Flamingo tower
Miami Beach board rejects Aimco’s proposal for Grand Flamingo tower
Jennifer Valoppi and Christian de Berdouare with 5004 North Bay Road (Getty, LPG/Douglas Elliman)
Flying the coop: Chicken Kitchen owner sells waterfront Miami Beach spec mansion for $30M
Flying the coop: Chicken Kitchen owner sells waterfront Miami Beach spec mansion for $30M
arrow_forward_ios

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

Loading...