Real Estate

Miami-Dade County Condo Sales, Dollar Volume Fall Last Week


Miami-Dade County condo sales and dollar volume fell last week, while the average sale price and average price per square foot rose.

Brokers closed 70 condo sales totaling $61 million from Nov. 19th to Nov. 25, down from 131 condo sales totaling $105 million the week prior.

Last week’s units sold for an average of $873,000, higher than the $805,000 from Nov. 4 to Nov. 11. The average price per square foot rose to $581 from $518, according to data from condo.com. Condos closed after an average of 74 days on the market.

For the top 10 sales, prices ranged from $1.9 million to $6.2 million. Only one sale exceeded $5 million in price.

One Park Grove unit 8D at 2811 South Bayshore Drive in Coconut Grove took the top spot with a $6.2 million closing. Raul Santidrian with Douglas Elliman had the listing, and Judith Hansen with Compass Florida represented the buyer. The sale closed after 325 days on the market at $2,125 per square foot.

St. Regis Bal Harbour North Tower unit 1904N at 9705 Collins Avenue in Bal Harbour was the runner up, which sold for $4.3 million — or $2,552 per square foot — after 140 days on the market. Juan Carlos De Campos with Miami New Realty had the listing, and Marine Rollins with Miami Global Realty represented the buyer.

 

  

Leaflet map created by Adam Farence | Data by © OpenStreetMap, under ODbl.

Here’s a breakdown of the top 10 sales from Nov. 19 to Nov. 25:

Most Expensive

One Park Grove, 2811 South Bayshore Drive, unit 8D in Coconut Grove | Price $6,200,000 | $2,125 psf | Listing agent: Raul Santidrian with Douglas Elliman | Buyer’s agent: Judith Hansen with Compass Florida | Days on market: 325

Least Expensive

One Paraiso Condo, 3131 Northeast Seventh Avenue, unit 2606 in Miami | Price $1,875,000 | $1,147 psf | Listing agent: Marc Heinen with Compass Florida | Buyer’s agent: Richard Conlin with Coldwell Banker Realty | Days on market: 27

Highest Price Per Square Foot

St. Regis Bal Harbour North Tower, 9705 Collins Avenue, unit 1904N Bal Harbour | Price $4,300,000 | $2,552 psf | Listing agent: Juan Carlos De Campos with Miami New Realty | Buyer’s agent: Marine Rollins with Miami Global Realty | Days on market: 140

Lowest Price Per Square Foot

The Bath Club, 5959 Collins Avenue, unit 604 in Miami Beach | Price $2,900,000 | $728 psf | Listing agent: Laney Rada with Douglas Elliman | Buyer’s agent: Laney Rada with Douglas Elliman | Days on market: 235

Most Days on Market

One Park Grove, 2811 South Bayshore Drive, unit 8D in Coconut Grove | Price $6,200,000 | $2,125 psf | Listing agent: Raul Santidrian with Douglas Elliman | Buyer’s agent: Judith Hansen with Compass Florida | Days on market: 325

Fewest Days on Market

Ritz-Carlton Residences, 4701 North Meridian Avenue, unit 314 in Miami Beach | Price $3,725,000 | $1,478 psf | Listing agent: Dora Puig with Luxe Living Realty | Buyer’s agent: Darin Tansey with Douglas Elliman | Days on market: 24



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