Condo sales plunge in Miami-Dade during Thanksgiving week

Top 10 sales ranged from $830K to $3.35M

Miami /
Dec.December 01, 2020 08:45 AM

Condo sales and closed dollar volume dropped significantly in Miami-Dade County during Thanksgiving week.

A total of 88 condos sold for $39 million last week, down from the 147 condos that sold the previous week for $70.2 million.

Condos sold for an average price of about $444,000 or $320 per square foot.

The most expensive sale was for penthouse unit 2102 at 1000 Venetian in Miami Beach. The unit sold for $3.35 million, or $865 per square foot, after 264 days on the market. James Michael Bryan represented the seller and Esperanza Londono represented the buyer.

The second most expensive sale of the week was for lower penthouse 5S at Oceana Key Biscayne. It sold for $2.9 million, or $1,664 per square foot, after just 15 days on the market. Giulietta Ulloa represented the seller, while Mauricio Barba represented the buyer.

Here’s a breakdown of the top 10 sales from Nov. 22 to Nov. 28.

Most expensive
1000 Venetian PH 2102 | 264 days on market | $3.35M | $865 psf | Listing agent: James Michael Bryan | Buyer’s agent: Esperanza Londono

Least expensive
Marquis Condo 3801 | 50 days on market | $830K | $394 psf | Listing agent: Silvia De Souza | Buyer’s agent: Esperanza Alfonso

Most days on market
Ocean Two Condo 1001 | 280 days on market | $1.15M | $431 psf | Listing agent: Elisa Wagner | Buyer’s agent: Michelle Waserstein

Fewest days on market
Oceana Key Biscayne LPH5S | 15 days on market | $2.9M | $1,665 psf | Listing agent: Giulietta Ulloa | Buyer’s agent: Mauricio Barba






    Related Articles

    arrow_forward_ios
    Ophir Sternberg with the Ritz-Carlton Residences, Miami Beach and the land for the villas (Lionheart Capital)
    GFI buys land for second phase of Ritz-Carlton Residences Miami Beach
    GFI buys land for second phase of Ritz-Carlton Residences Miami Beach
    (iStock)
    South Florida resi sales jump in Q4: Elliman
    South Florida resi sales jump in Q4: Elliman
    Richard Bressler and Lisa Gersh with 1425 West 25th Street, Miami Beach (Getty, Google Maps)
    Media titans buy Sunset Islands home for $5M
    Media titans buy Sunset Islands home for $5M
    Ruthie and Ethan Assouline lead Compass’ Assouline Team. (The Assouline Team, iStock)
    Compass’ Assouline Team expands to Miami Beach
    Compass’ Assouline Team expands to Miami Beach
    Images of Arte, Ritz-Carlton Residences Miami Beach, Ritz-Carlton Residences Miami Beach and One Thousand Museum (One Thousand Museum via One Sotheby's)
    Buyers shift to condos as waterfront single-family luxury inventory dwindles in South Florida
    Buyers shift to condos as waterfront single-family luxury inventory dwindles in South Florida
    Chris Bosh and his North Bay Road home, 6396 North Bay Road (Getty, One Sotheby’s International Realty)
    Chris Bosh sells waterfront Miami Beach mansion for $15M
    Chris Bosh sells waterfront Miami Beach mansion for $15M
    Miami-Dade condo sales and the Ritz-Carlton Residences, Miami Beach (Google Maps)
    Miami-Dade condo sales and closed dollar volume jump after slow start to year
    Miami-Dade condo sales and closed dollar volume jump after slow start to year
    Pierre Pomerleau and Eighty Seven Park (8701 Collins Avenue, Miami Beach)
    Canadian construction mogul buys another condo at Eighty Seven Park
    Canadian construction mogul buys another condo at Eighty Seven Park
    arrow_forward_ios

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

    Loading...