Miami-Dade County condo sales and total dollar volume dropped again last week.
Condo sales dollar volume reached $73.2 million, compared to $109 million the week before. It marks the third straight week of dollar volume decline in Miami-Dade’s condo market.
Brokers closed 129 condo sales last week, a dip from 160 sales closed the week prior.
Condos sold for an average price of about $567,000, down from the previous week’s average of $628,000. The average price per square foot for condo sales held steady at $525, the same as the week before, according to data from condo.com.
Clinching the title of the week’s top sale was a $3.8 million closing at Jade Residences in Miami. Unit 3801 traded for $1,113 per square foot after 21 days on the market. The 3,400-square-foot, four-bedroom, four-bathroom unit last sold for $2.4 million in 2006, records show. Mark Chatburn of Chatburn Real Estate Redefined had the listing, and Mikael Lancri of Mikael Lancri PA brought the buyer.
The next highest condo sale last week was a 3,000-square-foot unit at Rise C in Miami that sold for $3.1 million after 230 days on the market. Unit 4001 at 88 Southwest 7th Street sold for $1,018 per square foot. Lana Bell of Douglas Elliman had the listing. Yenny Hanley of Fortune International Realty represented the buyer.
Here’s a breakdown of the top 10 sales from May 8 to May 15.
Most expensive
Jade Residences, 1331 Brickell Bay Drive, unit 3801 in Miami | 21 days on market | Price $3.8M | $1,113 psf | Listing agent: Mark Chatburn with Chatburn Real Estate Redefined | Buyer’s agent: Mickael Lancri with Mickael Lancri PA
Least expensive
Parque Towers, 330 Sunny Isles Boulevard, unit 1704 in Sunny Isles Beach | 31 days on market | Price $1.2M | $766 psf | Listing agent: Brandon Schneider with the SIR Group | Buyer’s agent: Thiago Costa with Fortune Christie’s International Real Estate
Highest price per square foot
Akoya, 6365 Collins Avenue, unit 2503 in Miami Beach | 28 days on market | Price $2.7M | $1,505 psf | Listing agent: Ines Flax with One Sotheby’s International Realty | Buyer’s agent: Israel Salabarria with IMS Consulting & Management
Lowest price per square foot
Parque Towers, 330 Sunny Isles Boulevard, unit 1704 in Sunny Isles Beach | 31 days on market | Price $1.2M | $766 psf | Listing agent: Brnadon Schneider with the SIR Group | Buyer’s agent: Thiago Costa with Fortune Christie’s International Real Estate
Most days on market
Fontainebleau III, 4391 Collins Avenue, unit 623 in Miami Beach | 544 days on market | Price $1.2M | $1,129 psf | Listing agent: Kevin Waissmann with Fortune Christie’s International Real Estate | Buyer’s agent: Mike Bono with Miami Association of Realtors
Fewest days on market
Jade Residences, 1331 Brickell Bay Drive, unit 3801 in Miami | 21 days on market | Price $3.8M | $1,113 psf | Listing agent: Mark Chatburn with Chatburn Real Estate Redefined | Buyer’s agent: Mickael Lancri with Mickael Lancri PA
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