Last week, condo sales, total dollar volume and price per square foot rose across Miami-Dade county, reversing a trend from the prior week.
Brokers closed 141 condo sales totaling $88 million last week, up from 111 sales and $87 million the week prior.
Last week, units sold for an average of $625,000, higher than the $543,000 from the week prior. The average price per square foot rose to $496 from $465, according to data from condo.com. Last week, condos closed after an average of 71 days on the market.
For the top 10 sales, prices ranged from $1.6 million to $3.3 million — marking two weeks in a row that the top sale failed to break the $5 million barrier.
For the second time this year, two condos tied for Miami-Dade County’s top weekly sale, as units at Turnberry Ocean Colony and Acqualina Ocean Residences both topped the charts at $3.3 million.
The sale of Turnberry Ocean Colony unit 504 at 16051 Collins Avenue in Sunny Isles Beach equated to $884 per square foot. The condo spent 182 days on the market. Marcia Page with One Sotheby’s International Realty had the listing, and Joseph Khalil with Avanti Way Realty represented the buyer.
The Acqualina Ocean Residences sale of unit 1601 at 17875 Collins Avenue in Sunny Isles Beach equated to $1,206 per square foot. It spent 62 days on the market. Victoria Romanenko with Golden Keys had the listing, and Karina Batievsky with Acqualina Realty represented the buyer.
While unusual, it’s not unheard of for two condo sales to share the top spot. Units at the Grove at Grand Bay in Coconut Grove and One Thousand Museum in Miami both closed at $7.6 million in January.
Here’s a breakdown of the top 10 sales from Oct. 15 to Oct. 21:
Most Expensive
Turnberry Ocean Colony, 16051 Collins Avenue, unit 504 in Sunny Isles Beach | Price $3,300,000 | $884 psf | Listing agent: Marcia Page with One Sotheby’s International Realty | Buyer’s agent: Joseph Khalil with Avanti Way Realty | Days on market: 182
Acqualina Ocean Residences, 17875 Collins Avenue, unit 1601 in Sunny Isles Beach | Price $3,300,000 | $1,206 psf | Listing agent: Victoria Romanenko with Golden Keys | Buyer’s agent: Karina Batievsky with Acqualina Realty
Least Expensive
Biscayne Beach, 2900 Northeast Seventh Avenue, unit 4102 in Miami | Price $1,620,000 | $954 psf | Listing agent: Smadar Sasson with Inn Real Estate | Buyer’s agent: Nicole Kasten PA with Sterling Equity Realty | Days on market: 28
Highest Price Per Square Foot
St. Regis Bal Harbour, 9703 Collins Avenue, unit 2612 Bal Harbour | Price $3,000,000 | $1,947 psf | Listing agent: Pietro Belmonte with Douglas Elliman | Buyer’s agent: Djulieta Godoroja with Asset Realty Partners | Days on market: 170
Lowest Price Per Square Foot
Milano at Deering Bay, 13621 Deering Bay Drive, unit 503 in Coral Gables | Price $1,800,000 | $606 psf | Listing agent: Vanessa Valle with Compass Florida | Buyer’s agent: Ana Viyella with Douglas Elliman | Days on market: 167
Most Days on Market
Turnberry Ocean Colony, 16051 Collins Avenue, unit 504 in Sunny Isles Beach | Price $3,300,000 | $884 psf | Listing agent: Marcia Page with One Sotheby’s International Realty | Buyer’s agent: Joseph Khalil with Avanti Way Realty | Days on market: 182
Fewest Days on Market
Pinnacle, 17555 Collins Avenue, unit 2107 in Sunny Isles Beach | Price $2,660,000 | $1,446 psf | Listing agent: Alvaro Minor with Optimar International Realty | Buyer’s agent: Alvaro Minor with Optimar International Realty | Days on market: 18
