Miami-Dade condo sales rebounded last week, capping several weeks of declines.
Condo sales dollar volume reached $99 million last week, up from $73.2 million the week before.
Brokers closed 145 condo sales, a jump from 129 sales the week prior. Condos sold for an average price of $683,000, up from $567,000. The average price per square foot slipped a few dollars to $520 from $525, according to data from condo.com.
The Fairchild unit 501 at 3581 East Glencoe Street in Miami’s Coconut Grove topped the charts last week at $6.6 million. Robin Depeder with Douglas Elliman had the listing, and Marco Tine with Casa Collection Realty represented the buyer. The unit sold for $2,059 per square foot after spending 58 days on the market.
A St. Regis condo snagged last week’s second priciest sale. Unit 2200 at 9703 Collins Avenue in Bal Harbour traded for $6.3 million after spending 193 days on the market. Alan Chocron with Compass had the listing, and Gregory Gringruz with The Island represented the seller. The deal breaks down to $2,315 per square foot.
Here’s a breakdown of the top 10 sales from May 14 to May 20:
Most Expensive
The Fairchild, 3581 East Glencoe Street, unit 501 in Miami | Price $6,600,000 | $2,059 psf | Listing agent: Robin Depeder with Douglas Elliman | Buyer’s agent: Marco Tine with Casa Collection Realty | Days on market: 58
Least Expensive
Hamptons South, 20201 East Country Club Drive, unit 2702 in Aventura | Price $1,587,500 | $487 psf | Listing agent: Stuart Berger with Coldwell Banker | Buyer’s agent: Alberto Esquenazi with Marina Realty | Days on market: 122
Highest Price Per Square Foot
57 Ocean, 5775 Collins Avenue, unit 1406 in Miami Beach | Price $3,550,000 | $2,782 psf | Listing agent: Christopher Jude with Fortune Christie’s International Real Estate | Buyer’s agent: David Nguah with Douglas Elliman | Days on market: 56
Lowest Price Per Square Foot
Hamptons South, 20201 East Country Club Drive, unit 2702 in Aventura | Price $1,587,500 | $487 psf | Listing agent: Stuart Berger with Coldwell Banker | Buyer’s agent: Alberto Esquenazi with Marina Realty | Days on market: 122
Most Days on Market
Trump Royale, 18201 Collins Avenue, unit 3504 in Sunny Isles Beach | Price $2,130,000 | $980 psf | Listing agent: Fernando Alpern with EXP Realty | Buyer’s agent: Olga Zaurova with Big International Realty | Days on market: 203
Fewest Days on Market
The Ocean Club, 785 Crandon Boulevard, unit 1702 in Key Biscayne | Price $2,700,000 | $1,286 psf | Listing agent: Douglas Kinsley with Fortune Christie’s International | Buyer’s agent: Douglas Kinsley with Fortune Christie’s International | Days on market: 28