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.
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