Condominium sales rose last week in Miami-Dade County, while transaction volumes fell.
Condo sales reached $126 million last week, down from $153 million the previous week. Brokers completed 184 transactions, compared with 137 the previous week. The average sale price for condos was $684,000, up from an average of $644,000 a week earlier. The average price per square foot rose from $486 to $532, according to the data. Apartment website.
Grovenor House topped the list. Unit LPH 3101 at 2627 South Bayshore Drive in Miami sold for $12.6 million. RGI’s Roberta Ingletto listed and Coldwell Banker’s Daniel Hertzberg represented the buyer. After 56 days on the market, the unit sold for $1,814 per square foot.
Unit 206, Ocean Club, 791 Crandon Boulevard, Key Biscayne, came in second with $5.3 million. Douglas Kinsley of Fortune Christie’s listed and Mairym Casal of Brown Harris Stevens represented the buyer. The condo sold for $1,316 per square foot after staying on the market for 64 days.
Here’s a breakdown of the top 10 sales from June 11 to June 17:
The most expensive
Grovenor House, 2627 South Bayshore Drive, unit LPH 3101 in Miami | Priced at $12,550,000 | $1,814 psf | Listing Agent: Roberta Ingletto with RGI | Buyer’s Agent: Daniel Hertzberg and Coldwell Banker | Days on Market: 56
cheapest
Ocean Two, 19111 Collins Avenue, unit 2005 in Sunny Isles Beach | Selling Price $1,800,000 | $738 psf | Listing Agent: Wendy Cohen with One Sotheby’s International Realty | Buyer’s Broker: Daniel Cohen with One Sotheby’s International Realty | Days on Market :69
Maximum Price Per Square Foot
Continuum, 50 South Pointe Drive, unit 2004 in Miami Beach | Price $4,400,000 | $3,049 psf | Listing Agents: Lisa Blake and Villazzo | Buyer’s Agents: Kayce Driscoll and Douglas Elliman | Days on Market: 220
Lowest Price Per Square Foot
900 Biscayne Bay, 900 Biscayne Boulevard, unit PH-6109 in Miami | Price $1,875,000 | $728 psf | Listing Agent: Benjamin Moss and Compass Florida | Buyer’s Agent: Andrea Da Silva with Related ISG | Days on market: 42
most time to market
Four Seasons, 1425 Brickell Avenue, Miami Unit 45B | Priced at $2,425,000 | $1,147 psf | Listing Agents: Magin Hernandez and Magin New World | Buyer’s Agent: Vanessa Frank with One Sotheby’s International Realty | Days on Market: 414
The minimum number of days on the market
The Ritz-Carlton Residences, 3400 Southwest 27th Avenue, 1002 Coconut Grove Unit Selling $3,000,000 | $1,422 psf | Listing Agent: Glen Janney with Cervera Real Estate | Buyer’s Agent: Glen Janney with Cervera Real Estate | Days on Market: 6