Miami-Dade County’s condo sales, dollar volume and price per square foot fell last week, as an $8.4 million closing topped the list.
Brokers closed 120 condo sales totaling $78.8 million from Sept. 22nd to Sept. 29th. The previous week, brokers closed 134 condo sales totaling $93.8 million.
Last week’s units sold for an average price of $656,812, lower than the $684,642 average price from the previous week. The average price per square foot fell to $475 from $503, according to data from Redfin.
For the top 10 sales, prices ranged from $1.6 million to $8.4 million.
Unit 1002S at Oceana Key Biscayne at 360 Ocean Drive in Key Biscayne took the top spot with an $8.4 million closing. Giulietta Ulloa and Ximena Ulloa, both with Berkshire Hathaway HomeServices EWM Realty, had the listing. Giulietta Ulloa also represented the buyer. The sale closed at about $2,500 per square foot, after 134 days on the market.
Unit UPH3 at Gran Paraiso at 480 Northeast 31st Street in Miami’s Edgewater closed for the second highest amount, $4.5 million, or about $1,300 per square foot. Adam Redolfi with Alure Capital had the listing. Mikhail MudrIk with The Agency Florida represented the buyer. The sale closed after 196 days on the market.
Here’s a breakdown of the top 10 sales from Sept. 22nd to Sept. 29th:
Most Expensive
Oceana Key Biscayne, 360 Ocean Drive, unit 1002S, in Key Biscayne | Price: $8,400,000 | $2,504 psf | Listing agents: Giulietta and Ximena Ulloa, both with Berkshire Hathaway HomeServices EWM Realty | Buyer’s agent: Giulietta Ulloa with Berkshire Hathaway HomeServices EWM Realty
Least Expensive
Williams Island, 3000 Island Boulevard, unit 1605, in Aventura | Price: $1,600,000 | $371 psf | Listing agent: Mark Ascolese with RE/MAX Consultants Realty 1
Highest Price Per Square Foot
Oceana Key Biscayne, 360 Ocean Drive, unit 1002S, in Key Biscayne | Price: $8,400,000 | $2,504 psf | Listing agents: Giulietta and Ximena Ulloa, both with Berkshire Hathaway HomeServices EWM Realty | Buyer’s agent: Giulietta Ulloa with Berkshire Hathaway HomeServices EWM Realty
Lowest Price Per Square Foot
Williams Island, 3000 Island Boulevard, unit 1605 in Aventura | Price: $1,600,000 | $371 psf | Listing agent: Mark Ascolese with RE/MAX Consultants Realty 1
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