Miami-Dade County’s condo market experienced another drop in sales volume last week.
Seventy-two condos sold for nearly $19 million, down from the previous week’s $28 million sales volume. Units sold for an average price of about $259,000 and $205 per square foot.
Closing prices in the top 10 deals ranged from $358,000 to $1.64 million.
The sale of the week was at Trump Palace in Sunny Isles Beach. Unit 1101 sold for $1.64 million, or nearly $800 per square foot, after about nine months on the market with Richard Goihman of Douglas Elliman. The three-bedroom, 2,143-square-foot condo features marble floors, a gourmet kitchen and built out closets.
The second most expensive deal to close was the $1.6 million sale of unit 904 at Trump Tower III, next door to Trump Palace. It was listed for nearly four months before it sold. Teresa Palacios of Coldwell Banker was the listing agent.
Here’s a breakdown of the data from Oct. 15 to Oct. 21. Click on the map for more information:
Most expensive
Trump Palace #1101, Sunny Isles Beach | 266 days on market | $1.64M | $765 psf | Listing agent: Richard Goihman of Douglas Elliman
Least expensive
Costa Bella, Doral | 124 days on market | $358k | $191 psf | Listing agent: Osmany Mondaca
Most days on market
Trump Palace #1101, Sunny Isles Beach | 266 days on market | $1.64M | $765 psf | Listing agent: Richard Goihman of Douglas Elliman
Least days on market
One Tequesta Point #1800, Miami | 60 days on market | $553k | $392 psf | Listing agent: Minette Schwartz of One Sotheby’s International Realty