Miami-Dade County’s condo dollar volume dropped last week, despite an increase in sales.
Brokers closed 93 condo sales totaling $62.6 million from Feb. 16 to Feb. 23. The previous week, brokers closed 77 condo sales totaling $71.2 million.
Last week’s units sold for an average of $672,553, lower than the $924,040 average price from the previous week. The average price per square foot fell to $528 from $557, according to data from Redfin.
For the top 10 sales, prices ranged from $1.5 million to $4.9 million.
Unit 2101 at Ritz-Carlton Residences, Sunny Isles Beach, at 15701 Collins Avenue in Sunny Isles Beach, took the top spot with a $4.9 million closing. The sale closed at $1,575 per square foot after 804 days on market.
Luis Gautier with Fortune Christie’s International Real Estate had the listing, and Miltiadis Kastanis with Douglas Elliman brought the buyer.
Unit 1901 at Portofino Tower, at 300 South Pointe Drive in Miami Beach, closed for the second highest amount, $3.1 million, or $1,325 per square foot after 88 days on the market.
Jaclyn Bild with Douglas Elliman had the listing, and Sean Mirmelli with Proper Views Realty represented the buyer.
Here’s a breakdown of the top 10 sales from Feb. 16 to Feb. 23:
Most Expensive
Ritz-Carlton Residences, Sunny Isles Beach, 15701 Collins Avenue, unit 2101, in Sunny Isles Beach | Price: $4,850,000 | $1,575 psf | Listing agent: Luis Gautier with Fortune Christie’s International Real Estate | Buyer’s agent: Miltiadis Kastanis with Douglas Elliman
Least Expensive
Lincoln Manor, 2949 Shipping Avenue, unit 2949, in Miami | Price: $1,500,000 | $710 psf | Listing agents: Eddy Bustamante and Eduardo Arboleda with Silver Bluff Real Estate | Buyer’s agent: Wanda Bee with Re/Max Advance Realty
Highest Price Per Square Foot
Residences by Armani/Casa, 18975 Collins Avenue, unit 1404, in Sunny Isles Beach | Price: $2,514,000 | $1,618 psf | Listing agent: Rosa Strallnikoff with Dezer Platinum Realty | Buyer’s agent: Gustavo Strallnikoff with Dezer Platinum Realty
Lowest Price Per Square Foot
Lincoln Manor, 2949 Shipping Avenue, unit 2949, in Miami | Price: $1,500,000 | $710 psf | Listing agents: Eddy Bustamante and Eduardo Arboleda with Silver Bluff Real Estate | Buyer’s agent: Wanda Bee with Re/Max Advance Realty