Miami-Dade County Condo Sales, Dollar Volume Up Last week
Miami-Dade County condo sales metrics were mixed last week. Total sales, dollar volume and average price per square foot rose, while the average price fell.
Brokers closed 123 condo sales totaling $93 million last week, compared to 104 sales totaling $83 million the previous week.
Units sold for an average price of $753,000, lower than the $802,000 from the week prior. The average price per square foot rose to $576 from $569, according to data from condo.com. Last week, condos closed after an average of 60 days on the market.
For the top 10 sales, prices ranged from $1.6 million to $4.3 million.
Bristol Tower units 2401 and 2402 at 2127 Brickell Avenue in Miami took the top spot with a $4.3 million closing. The sale equated to $734 per square foot after 49 days on the market. Patricia Orsini with Principal Realty had the listing, and Miriam Poggio with One Sotheby’s International Realty represented the buyer.
A condo at Jade Beach snagged second place with a $4 million sale. Unit 4505 at 17001 Collins Avenue in Sunny Isles Beach closed at $978 per square foot after 868 days on the market. Mona Zevel with Julies Realty worked both sides of the deal.
Here’s a breakdown of the top 10 sales from Sept. 10 to Sept. 16:
Most Expensive
Bristol Tower Condo, 2127 Brickell Avenue, units 2401 & 2402 in Miami | Price $4,325,000 | $734 psf | Listing agent: Patricia Orsini with Principal Realty | Buyer’s agent: Miriam Poggio with One Sotheby’s International Realty | Days on market: 49
Least Expensive
Balmoral Condos, 9801 Collins Avenue, unit 5Z in Bal Harbour | Price $1,585,000 | $799 psf | Listing agent: Yishai Sinai with Biscayne Advisors | Buyer’s agent: Victor Harary with Compass Florida | Days on market: 52
Highest Price Per Square Foot
Jade Beach, 17001 Collins Avenue, unit 4005 in Sunny Isles Beach | Price $2,499,000 | $1,297 psf | Listing agent: Ekaterina Brosda with Brosda & Bentley Realtors | Buyer’s agent: Alex Algarin with Compass Florida | Days on market: 36
Lowest Price Per Square Foot
The Point, 21200 Point Place, unit 1505 in Aventura | Price $2,312,500 | $554 psf | Listing agent: Nicola Riettie with Coldwell Banker Realty | Buyer’s agent: Cassio Galiza PA with One Sotheby’s International Realty | Days on market: 68
Most Days on Market
Jade Beach, 17001 Collins Avenue, unit 4505 in Sunny Isles Beach | Price $4,050,000 | $978 psf | Listing agent: Mona Zevel with Julies Realty | Buyer’s agent: Mona Zevel with Julies Realty | Days on market: 868
Fewest Days on Market
Grove Isle, 2 Grove Isle Drive, unit B1201 in Coconut Grove | Price $2,200,000 | $842 psf | Listing agent: Cecilia Tavera-Webman with RE/MAX Advance Realty | Buyer’s agent: Maite Alvarez with Compass Florida | Days on market: 1
