Miami-Dade’s condo sales and dollar volume fell in November to their lowest points so far this year.
November condo sales totaled $426 million, compared to $504 million in October. Brokers closed 568 sales last month, down from 681 sales in October and 626 in September, Multiple Listing Service data from Redfin show.
It’s the fewest condos sold per month and the lowest dollar volume so far this year, falling behind January’s totals of 598 condos sold and $466 million closed in dollar volume.
November sale prices ranged from $65,000 to $11.4 million, with a median sale price of $415,000. The price per square foot ranged from $84 to $3,028, with a median of $430 per square foot.
In October, sales closed with a median price of $390,000, and $395 per square foot.
Unit 5211 at Bayview Fisher Island, at 5211 Fisher Island Drive in Miami Beach, took the title of priciest sale last month. The unit sold for $11.4 million or $2,830 per square foot after 341 days on the market. Julian Johnston and Richard Taylor, both with Corcoran, had the listing.
The sale price was less than October’s priciest sale. Unit PH56 at Echo Brickell closed for $33 million.
In contrast, unit K16 at Ro Mont South, at 20310 Northeast Second Avenue in Miami Gardens, was at the bottom of the charts at $65,000 — or $84 per square foot. The sale closed after 327 days on the market. Brett Matthews with I Deal Real Estate had the listing. Fabiana Navas with Clover 4 Group represented the buyer.
Here’s a breakdown of November’s notable condo sales:
Most Expensive
Bayview Fisher Island, 5211 Fisher Island Drive, unit 5211, in Miami Beach | Price $11,350,000 | $2,830 psf | Year built: 1992 | Listing agents: Julian Johnston and Richard Taylor, both with Corcoran
Least Expensive
Ro Mont South, 20310 Northeast Second Avenue, unit K16, in Miami Gardens | Price $65,000 | $84 psf | Year built: 1972 | Listing agent: Brett Matthews with I Deal Real Estate | Buyer’s agent: Fabiana Navas with Clover 4 Group
Highest Price Per Square Foot
Oceana Bal Harbour, 10203 Collins Avenue, unit 1702, in Bal Harbour | Price $10,875,000 | $3,028 psf | Year built: 2016 | Listing agents: Ethan and Ruthie Assouline, both with Douglas Elliman | Buyer’s agents: Anna Sherrill and Adriano Biasella, both with One Sotheby’s International Realty
Lowest Price Per Square Foot
Ro Mont South, 20310 Northeast Second Avenue, unit K16, in Miami Gardens | Price $65,000 | $84 psf | Year built: 1972 | Listing agent: Brett Matthews with I Deal Real Estate | Buyer’s agent: Fabiana Navas with Clover 4 Group
Newest
Five Park, 500 Alton Road, unit 4402 in Miami Beach | Price $8,712,500 | $2,974 psf | Year built: 2024 | Listing agent: Christopher Wands with Douglas Elliman | Buyer’s agent: Christopher Wands with Douglas Elliman
Oldest
Windsor Plaza, 1320 Drexel Avenue, unit 306, in Miami Beach | Price $318,000 | $548 psf | Year built: 1925 | Listing agent: Matthieu-Rez Mamoudi with London Foster Realty | Buyer’s agents: Carly Furr and Joanna Jimenez, both with Compass Florida