Condo prices in Miami-Dade continue to recover.
In August’s first week, prices were up, and ranged from $1.7 million to $12.5 million, compared to $2 million to $5 million the previous week.
Dollar volume also increased to $111 million, from $91 million the previous week, and $99 million two weeks ago.
The average sale price last week of $666,000 exceeded averages from the two prior weeks, which were at $565,000.
The sale of unit UPH-1 at 17141 Collins Avenue in Sunny Isles Beach reached the top spot last week with a $12.5 million sale price. Bill Hernandez and Bryan Sereny with Douglas Elliman represented the sellers, and Mariam Kaira with Optimar International Realty was the buyer’s agent.
A $6.3 million sale at One Ocean in Miami Beach snagged the second highest sale last week. Listed as a comp sale, Jonathan Corso with Coldwell Banker Realty represented the buyer for unit 507 at 1 Collins Avenue.
Here’s a breakdown of the top 10 sales from July 31st to August 6th:
Muse Residences, 17141 Collins Avenue, unit UPH-1 | 107 days on the market | $12.5M | $2,047 psf | Listing agent: Bill Hernandez and Bryan Sereny with Douglas Elliman | Buyer’s agent: Mariam Kaira with Optimar International Realty
Trump Royale, 18201 Collins Avenue, unit 806 | 192 days on the market | $1.7M | $796 psf | Listing
agent: Oscar Donado with Kismet 2 Realty | Buyer’s agent: Felipe Quintero with EXP Realty
Most days on market
Bal Harbour, 10155 Collins Avenue unit 710 | 415 days on the market | $2.5M | $756 psf | Listing agent: Carolina Powell with Premier Brokers International | Buyer’s agent: Ryan Mendell with Maxwell E Realty
Fewest days on market
Surf Club, 9111 Collins Avenue, unit N612 | 7 days on the market | $3.7M | $3,015 psf | Listing
agent: Ximena Penuela with Fort Realty | Buyer’s agent: Ximena Penuela with Fort Realty