A waterfront Sunset Islands mansion asking $29 million led last week’s signed contracts report in Miami-Dade County, during an otherwise slow week.
Just six contracts were marked in the Multiple Listing Service between Jan. 13 and Jan. 19. The Eklund-Gomes report tracks listings of properties asking $4 million and up in Miami-Dade. As deal activity tumbled, the market also saw a jump in inventory with 52 new luxury listings.
The asking dollar volume for the four single-family homes and two condos totals nearly $74 million, according to the report, which is authored by the Douglas Elliman star-studded team led by Fredrik Eklund and John Gomes.
The single-family homes that entered into contract last week had an average asking price of about $15.4 million and spent an average of 138 days on the market. They totaled $61.4 million in asking dollar volume.
The Sunset Islands home at the top of the report, at 1525 West 24th Street in Miami Beach, is on the market with Jill Hertzberg of the Jills Zeder Group at Coldwell Banker. A land trust owns the seven-bedroom, nine-bathroom house on Sunset Island III. The 11,340-square-foot mansion sits on a 0.6-acre lot with 156 feet of water frontage, a heated pool, outdoor kitchen and private dock. It previously sold in 2021 for $17 million. The home was built in 2005, records show.
The condos that secured buyers last week had an average asking price of $6.2 million and spent 132 days on the market, on average. They totaled $12.4 million in asking dollar volume.
The priciest condo, unit 504/505 in the north tower of Oceana Bal Harbour, at 10203 Collins Avenue, is asking $6.5 million. Dezer Platinum Realty agent Vitaly Pilyavsky has the listing. The combined unit spans nearly 3,000 square feet and includes three bedrooms and three and a half bathrooms.
The previous week, buyers signed contracts for eight properties in Miami-Dade, asking a combined $121.7 million.
Last week in New York, buyers signed contracts for 23 homes, according to the latest Olshan report. Their combined asking price was $177.7 million, and the typical home spent 317 days on the market.
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