Miami-Dade County’s condo sales slipped last week, despite a standout Fisher Island deal.
Brokers closed 131 condo sales totaling $87.5 million from July 22nd to July 29th. The previous week, brokers closed 140 condo sales totaling $131 million.
Last week’s units sold for an average of $668,297, lower than the $938,812 sales average from the previous week. The average price per square foot fell to $509 from $586, according to data from Redfin.
For the top 10 sales, prices ranged from $1.69 million to $10.5 million.
Bayview Unit 5263 at 5263 Fisher Island Drive took the top spot with a $10.5 million closing. The sale closed at $2,770 per square foot after 66 days on the market. Karla Abaunza and Jorge Escasena, both with Luxury Living Realty, had the listing. Ina Mustad with Konsulet Group represented the buyer.
Unit 1404 at Murano at Portofino, at 1000 South Pointe Drive, in Miami Beach, closed for the second highest amount, $3.7 million, or $1,689 per square foot, after 49 days on the market. Lisa Van Wagenen with Brown Harris Stevens worked both sides of the deal.
Here’s a breakdown of the top 10 sales from July 22nd to July 29th:
Most Expensive
Bayview Fisher Island, 5263 Fisher Island Drive, unit 5263 in Miami Beach | Price: $10,500,000 | $2,770 psf | Listing agent: Karla Abaunza and Jorge Escasena, both with Luxury Living Realty | Buyer’s agent: Ina Mustad with Konsulet Group represented the buyer.
Least Expensive
Key Colony, 201 Crandon Boulevard, unit 1024 in Key Biscayne | Price: $1,685,000 | $1,101 psf | Listing agent: Catalina Solano with MI Exclusive Properties | Buyer’s agent: Robert Posner with Brown Harris Stevens
Highest Price Per Square Foot
Bayview Fisher Island, 5263 Fisher Island Drive, unit 5263 in Miami Beach | Price: $10,500,000 | $2,770 psf | Listing agent: Karla Abaunza and Jorge Escasena, both with Luxury Living Realty | Buyer’s agent: Ina Mustad with Konsulet Group represented the buyer.
Lowest Price Per Square Foot
Parque Towers, 330 Sunny Isles Boulevard, unit 5-2508 in Sunny Isles Beach | Price: $1,825,000 | $965 psf | Listing agent: Lelia Taylor with Parsiani Real Estate | Buyer’s agent: Tracey Schmitt with Best of Luxury Realty