Miami-Dade County’s condo sales ticked higher during the last full week of January, while the average sale price and price per square foot kept sliding.
Brokers closed 97 condo sales totaling $74.1 million from Jan. 21st to Jan. 27th. The previous week, brokers closed 81 condo sales totaling $70.6 million.
Last week’s units sold for an average of $764,239, lower than the $871,473 average sale price from the previous week. The average price per square foot fell just a dollar, to $542 from $543, according to data from condo.com. Condos closed after an average of 69 days on the market.
For the top 10 sales, prices ranged from $1.5 million to $7.5 million. Two sales broke the $5 million price barrier.
Aria on the Bay unit PH 15, at 488 Northeast 15th Street in Miami, took the top spot with a $7.5 million closing. Farrah Zarghami with Parsiani Real Estate had the listing. Heather McCabe with Beachfront Realty represented the buyer. The sale closed after 300 days on the market at $1,564 per square foot.
Monad Terrace in Miami Beach, unit 2F at 1300 Monad Terrace, closed for the second highest amount, $6.5 million, or $2,445 per square foot, after 94 days on the market. Jill Hertzberg with Coldwell Banker Realty had the listing. Bryan Harr with One Sotheby’s International Realty represented the buyer.
Here’s a breakdown of the top 10 sales from Jan. 21st to Jan. 27th:
Most Expensive
Aria on the Bay, 488 Northeast 15th Street, unit PH 15, in Miami | Price $7,500,000 | $1,564 psf | Listing agent: Farrah Zarghami with Parsiani Real Estate | Buyer’s agent: Heather McCabe with Beachfront Realty | Days on market: 300
Least Expensive
Capobella, 5025 Collins Avenue, unit 1401, in Miami Beach | Price $1,475,000 | $793 psf | Listing agent: Michele Redlich with Coldwell Banker Realty | Buyer’s agent: Mickael Lancri with Mickael Lancri | Days on market: 301
Highest Price Per Square Foot
Monad Terrace, 1300 Monad Terrace, unit 2F, in Miami Beach | Price $6,500,000 | $2,445 psf | Listing agent: Jill Hertzberg with Coldwell Banker Realty | Buyer’s agent: Bryan Harr with One Sotheby’s International Realty | Days on market: 94
Lowest Price Per Square Foot
Capobella, 5025 Collins Avenue, unit 1401, in Miami Beach | Price $1,475,000 | $793 psf | Listing agent: Michele Redlich with Coldwell Banker Realty | Buyer’s agent: Mickael Lancri with Mickael Lancri | Days on market: 301
Most Days on Market
Capobella, 5025 Collins Avenue, unit 1401, in Miami Beach | Price $1,475,000 | $793 psf | Listing agent: Michele Redlich with Coldwell Banker Realty | Buyer’s agent: Mickael Lancri with Mickael Lancri | Days on market: 301
Fewest Days on Market
Casa Del Mar, 881 Ocean Drive, unit 11G, in Key Biscayne | Price $1,680,000 | $896 psf | Listing agent: Carmen Tonarely with Berkshire Hathaway HomeServices EWM Realty | Buyer’s agent: Dolores Urdapilleta with Urdapilleta Real Estate | Days on market: 6
