Condo sales in Miami-Dade County rose last week, while the price per foot and total dollar volume fell.
Brokers closed 111 condo sales totaling $78.4 million from Oct. 13 to Oct. 20. That marks an improvement compared to the previous week, when brokers closed 83 condo sales totaling $77.8 million.
Last week’s units sold for an average of $706,659, lower than the $937,542 average price from the previous week. The average price per square foot fell to $479 from $561, according to data from Redfin.
For the top 10 sales, prices ranged from $1.6 million to $8.3 million.
A condo at the bayfront Biscayne Beach tower was the standout deal.
Unit 5101 at Biscayne Beach at 2900 Northeast Seventh Avenue in Miami took the top spot with a $8.25 million closing. The sale closed at $1,047 per square foot after 183 days on the market.
Bill Hernandez and Bryan Sereny, both with Douglas Elliman, had the listing. Danny Hertzberg with Coldwell Banker’s Jills Zeder Group represented the buyer.
Unit 1405 at Jade Signature, at 16901 Collins Avenue, in Sunny Isles Beach closed for the second highest amount, $4.6 million, or $1,505 per square foot.
Fernando Villagran with Partnership Realty had the listing. Marcelo Violland with Prime International Associates represented the buyer. The sale closed after 22 days on the market.
Here’s a breakdown of the top 10 sales from Oct. 13 to Oct. 20:
Most Expensive
Biscayne Beach, 2900 Northeast Seventh Avenue, unit 5101, in Miami | Price: $8,250,000 | $1,047 psf | Listing agents: Bill Hernandez and Bryan Sereny with Douglas Elliman | Buyer’s agent: Daniel Hertzberg with Coldwell Banker
Least Expensive
The Pinnacle, 17555 Collins Avenue, unit 1203, in Sunny Isles Beach | Price: $1,600,000 | $870 psf | Listing agent: Joshua Gabay with Douglas Elliman | Buyer’s agent: Oleksandr Iegorov with Atlantic Pearl Realty
Highest Price Per Square Foot
Jade Signature, 16901 Collins Avenue, unit 1405, in Sunny Isles Beach | Price: $4,550,000 | $1,505 psf | Listing agent: Fernando Villagran with Partnership Realty | Buyer’s agent: Marcelo Violland with Prime International Associates
Lowest Price Per Square Foot
Atlantic I at the Point, 21200 Point Place, unit 1105, in Aventura | Price: $2,352,000 | $564 psf | Listing agents: Natasha Gaguine and Claudia Whitechurch, both with Coldwell Banker | Buyer’s agent: Amir Hayun with Golani Realty
Read more
Residential
South Florida
La Cascade and Tiffany House tie for priciest Broward weekly condo sale
Residential
South Florida
Azure closing tops Palm Beach County weekly condo sales
Residential
South Florida
Isaac Lustgarten exits Alexanders’ Official, joins Corcoran