Miami condo sales drop in early April

Top 10 sales ranged from $2.2 to $9M

Miami /
Apr.April 13, 2021 08:45 AM

Condo sales and dollar volume took a sharp decline last week in Miami-Dade County.

A total of 239 condos sold for $147.5 million last week, down from the 305 condos that sold for $235.2 million the previous week.

Units sold for an average price of $617,000, down from $771,000 the week prior. Condos sold for an average $411 per square foot, down from $435 per square foot.

The most expensive sale was for unit 702 at Arte by Antonio Citterio in Surfside. The unit sold for $9 million, or $3,187 per square foot, after just one day on the market. Miltiadis Kastanis represented the seller, and Pablo Alfaro represented the buyer.

The second most expensive sale of the week was for unit 2505 at Continuum on South Beach, which sold for $7 million, or $2,459 per square foot. The Miami Beach unit spent 1,360 days on the market, or nearly four years. Alex Miranda represented the seller, while Matthew McMillan represented the buyer.

Here’s a breakdown of the top 10 sales from April 4 to April 10.

Most expensive
Arte Surfside 702 | 1 day on market | $9M | $3,187 psf | Listing agent: Miltiadis Kastanis | Buyer’s agent: Pablo Alfaro

Least expensive
Ocean Four 3108 | 249 days on market | $2.2M | $729 psf | Listing agent: Valentina Wish | Buyer’s agent: Ekaterina Brosda

Most days on market
Continuum on South Beach 2505 | 1,360 days on market | $7M | $2,459 psf | Listing agent: Alex Miranda | Buyer’s agent: Matthew McMillan

Fewest days on market
Arte Surfside 702 | 1 day on market | $9M | $3,187 psf | Listing agent: Miltiadis Kastanis | Buyer’s agent: Pablo Alfaro






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