Condo sales in Miami-Dade took a leap last week.
The county saw 173 condos trade last week for $79.7 million, a roughly $26 million bump from the previous week’s $53.6 million. The average prices were about $461,000 per unit and $295 per square foot.
The most expensive unit to close was the $6.35 million sale of unit 3403 at the Continuum. Chad Carroll of Douglas Elliman had the four-bedroom, 3,030-square-foot condo on the market for 79 days. It traded for just more than $2,000 per square foot. A spokesperson for Douglas Elliman told The Real Deal the buyer is from Europe, but declined to provide additional information.
The second priciest condo sale was for a unit at the St. Regis in Bal Harbour. Unit 1003 spent 404 days on the market before it sold for $4.5 million, or $1,400 per square foot. Stefano Santoro of Beachfront Realty Inc. was the listing agent.
Closing prices in the top 10 deals ranged from $1.4 million to $6.35 million.
Here’s a breakdown of the data for the week of June 18 to June 24. Click on the map for more information:
Most expensive
Continuum #3402, Miami Beach | 79 days on market | $6.35M | $2,096 psf | Listing agent: Chad Carroll of Douglas Elliman
Least expensive
Millennium #1701, Sunny Isles Beach | 94 days on market | $1.4M | $633 psf | Listing agent: Jose Augusto Nunes of Algebra Realty
Most days on market
Least days on market
Continuum #3402, Miami Beach | 79 days on market | $6.35M | $1,560 psf | Listing agent: Chad Carroll of Douglas Elliman
A previous version of this story incorrectly identified the time on market and price per square foot of unit 1003 at the St. Regis in Bal Harbour.
from The Real Deal Miami https://therealdeal.com/miami/2017/06/27/the-week-in-luxury-a-map-of-miami-dades-priciest-condo-sales-125/
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