Blue Diamond closing tops weekly condo sales in Miami-Dade

Miami-Dade County condo sales resumed their downward trend last week, erasing gains made the week prior. Total condo sales and dollar volume fell. The price per square foot rose slightly. 

Brokers closed 110 condo sales totaling $69.8 million last week, a far cry from the prior week’s bright numbers, where brokers closed 193 sales totaling $143 million.

Last week, units sold for an average of $634,000, lower than the $740,000 from the week prior. The average price per square foot continued rising, from $537 to $547, according to data from condo.com. Last week, condos closed after an average of 79 days on the market.

For the top 10 sales, prices ranged from $1.6 million to $3.3 million.

Blue Diamond unit PH4201 at 4779 Collins Avenue in Miami Beach maxed out at $3.3 million, or $1,675 per square foot, after 77 days on the market. Claudio Bagliani with Cosmore Florida had the listing, and Michele Redlich with Coldwell Banker Realty represented the buyer.

A condo at Marina Palms Residences snagged second place with a $3 million sale. Unit 905-907 at 17111 Biscayne Boulevard in North Miami Beach closed at $773 per square foot after 259 days on the market. Monica Sarmiento with One Sotheby’s International Realty had the listing, and Lydia Eskenazi, also with One Sotheby’s International Realty, represented the buyer.

Here’s a breakdown of the top 10 sales from Aug. 6 to Aug. 12:

Most Expensive

Blue Diamond, 4779 Collins Avenue, unit PH4201 in Miami Beach | Price $3,250,000 | $1,675 psf | Listing agent: Claudio Bagliani with Cosmore Florida | Buyer’s agent: Michele Redlich with Coldwell Banker Realty | Days on market: 77

Least Expensive

One Paraiso, 3131 Northeast Seventh Avenue, unit 4304 in Miami | Price $1,600,000 | $1,048 psf | Listing agent: Christian Tupper with PMG Residential | Buyer’s agent: Todd Nordstrom with Compass Florida | Days on market: 146

Highest Price Per Square Foot

Blue Diamond, 4779 Collins Avenue, unit PH4201 in Miami Beach | Price $3,250,000 | $1,675 psf | Listing agent: Claudio Bagliani with Cosmore Florida | Buyer’s agent: Michele Redlich with Coldwell Banker Realty | Days on market: 77

Lowest Price Per Square Foot

Marina Palms Residences, 17111 Biscayne Boulevard, unit 905-907 in North Miami Beach | Price $3,000,000 | $773 psf | Listing agent: Monica Sarmiento with One Sotheby’s International Realty | Buyer’s agent: Lydia Eskenazi with One Sotheby’s International Realty | Days on market: 259

Most Days on Market

One Bal Harbor, 10295 Collins Avenue, unit 506 in Bal Harbour | Price $2,300,000 | $1,145 psf | Listing agent: Fernando Alpern with EXP Realty | Buyer’s agent: Alexis Mason with Klein Morgan Realty | Days on market: 378

Fewest Days on Market

1010 Brickell, 1010 Brickell Avenue, unit 4805 in Miami | Price $1,700,000 | $956 psf | Listing agent: Juan Carlos Igartua with Avanti Way Realty | Buyer’s agent: Mayan Van Der Miller with Compass Florida | Days on market: 3