Miami-Dade County’s condo sales surged by over $100 million last week, as the number of condos sold, average sale price and price per square foot also rose.
Brokers closed 210 condo sales totaling $162 million from Feb. 26th to Mar. 4th. The previous week, brokers closed 100 condo sales totaling $61 million.
Last week’s units sold for an average of $772,868, higher than the $607,764 sale average from the previous week. The average price per square foot rose to $536 from $495, according to data from Redfin.
For the top 10 sales, prices ranged from $2.9 million to $6.3 million.
Ritz-Carlton Residences, Miami Beach unit 621 at 4701 North Meridian Avenue in Miami Beach took the top spot with a $6.3 million closing. The condo sold for $1,843 per square foot after 93 days on the market. Darin Tansey with Douglas Elliman had the listing. Stefania Cambarau, also with Douglas Elliman, represented the buyer.
A condo at the Bath Club at 5959 Collins Avenue in Miami Beach sold for the second-highest amount. Unit 1003 closed at $6.1 million, or $1,676 per square foot after 104 days on the market. Byran Sereny and Bill Hernandez, both with Douglas Elliman, had the listing. Jason Sims and Shane Aronson with Serhant represented the buyer.
Here’s a breakdown of the top 10 sales from Feb. 26th to Mar. 4th:
Most Expensive
Ritz-Carlton Residences, Miami Beach, 4701 North Meridian Avenue, unit 621, in Miami Beach | Price: $6,300,000 | $1,843 psf | Listing agent: Darin Tansey with Douglas Elliman | Buyer’s agent: Stefania Cambarau with Douglas Elliman
Least Expensive
Ritz-Carlton Residences, Sunny Isles Beach, 15701 Collins Avenue, unit 1003, in Sunny Isles Beach | Price: $2,900,000 | $1,807 psf | Listing agent: Melissa Rubin with Compass Florida | Buyer’s agent: Nicole Gongee with Crystal Leigh Realty
Missoni Baia, 700 Northeast 26th Terrace, unit 4801, in Miami | Price: $2,900,000 | $1,136 psf | Listing agent: Melissa Rubin with Compass Florida | Buyer’s agent: Nicole Gongee with Crystal Leigh Realty
Highest Price Per Square Foot
One Park Grove, 2811 South Bayshore Drive, unit 14C, in Miami | Price: $4,760,000 | $2,420 psf | Listing agent: Ceiliah Epner with Compass Florida | Buyer’s agent: Rose Harris with One Sotheby’s International Realty
Lowest Price Per Square Foot
Missoni Baia, 700 Northeast 26th Terrace, unit 4801, in Miami | Price: $2,900,000 | $1,136 psf | Listing agent: Melissa Rubin with Compass Florida | Buyer’s agent: Nicole Gongee with Crystal Leigh Realty
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