A planned Fisher Island mansion asking $32 million led an active week of signed contracts in Miami-Dade County.
Buyers signed 28 contracts between March 24 and March 30, according to the Eklund-Gomes report, which tracks listings of homes and condos asking $4 million and up in Miami-Dade County that are included in the Multiple Listing Service.
The properties spent about 134 days on the market, on average.
Forty-eight luxury listings were added to the market, for a total of 1,363 listings. The number of active listings is about the same as the previous week because some properties were sold or removed from the MLS.
The asking dollar volume for the 15 single-family homes and 13 condos under contract last week totals $228.3 million, according to the report, which is authored by the Douglas Elliman team led by Fredrik Eklund and John Gomes.
At the top is the property at 1011 Links Drive, listed with Dora Puig of Luxe Living Realty. Puig also is also representing the buyer. The six-bedroom, six-bathroom house, with two half-bathrooms, will span 8,500 square feet once completed, according to the listing. The land just traded for $9.5 million to the Hal Mintz 2021 family trust, which is in contract to acquire the completed house, records show. The home is part of the planned Links Estates/Mansions on Fisher Island community.
The single-family homes that entered into contract last week had an average asking price of $9.5 million and spent an average of 79 days on the market. They totaled $142.3 million in asking dollar volume.
The condos that secured buyers last week had an average asking price of $6.1 million and spent 199 days on the market, on average. They totaled $85.9 million in asking dollar volume, or $2,121 per square foot.
Leading the condo component of the report is unit 2402 at Continuum South Beach at 50 South Pointe Drive. Sonia Toth of Brown Harris Stevens has the listing for the 2,872-square-foot, four-bedroom and four-and-half-bathroom condo. It’s asking $10.5 million. The unit includes four balconies. Property records show David Mixer, founder of private equity firm Rex Capital and a venture partner at Alexandria, Virginia-based Columbia Capital, owns the condo.
The previous week, buyers signed contracts for 18 properties in Miami-Dade, asking a combined $107.6 million.
Last week in New York, buyers signed contracts for 45 homes, according to the latest Olshan report. Their combined asking price was $433.3 million, and the typical home spent 816 days on the market.
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Residential
South Florida
Luxe signed contracts rise, as buyers target less expensive properties in Miami-Dade
Residential
South Florida
Luxury homes spend more time on the market in Miami-Dade, as signed contracts fall