The number of condo sales and total dollar volume in Miami-Dade County jumped last week.
Still, the average price and average price per square foot of the top 10 sales dropped, continuing their weeks-long decline.
Brokers closed 181 sales last week, up from 133 the week prior. Total dollar volume reached $122 million, versus $98 million the week earlier. The latest sales averaged $675,000, down from $740,000. The average price per square foot dropped to $514 from $525, according to data from condo.com.
Last week, a Porsche Design Tower condo in Sunny Isles Beach snagged the top spot at $6.5 million. Jeffrey Miller with One Sotheby’s International Realty had the listing for unit 5401 at 18555 Collins Avenue. Christina Lawrence with Compass Florida represented the buyer. The condo spent 57 days on the market and closed at $2,050 per square foot.
The runner-up was a sale at Privé in Aventura. Unit 1505 at 5500 Island Estates Drive sold for $6 million — or $1,506 per square foot — after 37 days on the market. Randi Rapp with Compass Florida had the listing. Adriana Faerman, also with Compass, represented the buyer.
Here’s a breakdown of the top 10 sales from April 16th to April 22nd:
Most Expensive
Porsche Design Tower, 18555 Collins Ave, unit 5401 in Sunny Isles Beach | Price $6,500,000 | $2,050 psf | Listing agent: Jeffrey Miller with One Sotheby’s Int’l Realty | Buyer’s agent: Christina Lawrence with Compass Florida | Days on market: 57
Least Expensive
Peloro, 6620 Indian Creek Drive, unit 710 in Miami Beach | Price $2,000,000 | $827 psf | Listing agent: Romina Grinberg with Brown Harris Stevens | Buyer’s agent: Eitan Gontovnik with Compass Florida | Days on market: 57
Highest Price Per Square Foot
Continuum on South Beach, 100 South Pointe Drive, unit 1108 in Miami Beach | Price $5,700,000 | $3,244 psf | Listing agent: John Lennon with South Pointe Drive Realty | Buyer’s agent: Selen Arditi with Compass Florida | Days on market: 32
Lowest Price Per Square Foot
Bella Mare, 6000 Island Boulevard, unit 1902 in Aventura | Price $2,290,000 | $806 psf | Listing agent: Richard Goihman with Douglas Elliman | Buyer’s agent: Carlos Escoto with Douglas Elliman | Days on market: 72
Most Days on Market
Turnberry Ocean Colony, 16047 Collins Avenue, unit 501 in Sunny Isles Beach | Price $2,700,000 | $974 psf | Listing agent: Phillip Tartakovsky with Silmar Realty | Buyer’s agent: Anastasia Mastantuono with Miami Realty Solution Group | Days on market: 362
Fewest Days on Market
Continuum on South Beach, 100 South Pointe Drive, unit 1108 in Miami Beach | Price $5,700,000 | $3,244 psf | Listing agent: John Lennon with South Pointe Drive Realty Inc | Buyer’s agent: Selen Arditi with Compass Florida | Days on market: 32
