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Miami-Dade County condo sales bounced back last week. Total sales and dollar volume rose. The price per square foot fell slightly.
Brokers closed 127 condo sales totaling $93 million last week, rebounding after the week prior, when brokers closed 110 sales totaling $69.8 million.
Last week, units sold for an average price of $732,000, higher than the $634,000 from the previous week. The average price per square foot fell to $534 from $547, according to data from condo.com. Last week, the top 10 condos closed after an average of 198 days on the market.
For the top 10 sales, prices ranged from $1.5 million to $10.5 million.
St. Regis Bal Harbour unit 1503S at 9701 Collins Avenue in Bal Harbour topped the charts at $10.5 million, or $2,864 per square foot, after 141 days on the market. Ryan Mendell with Maxwell E. Realty had the listing, and Melissa Puig with Beachfront Realty represented the buyer.
AUG 22, 2023, 9:45 AM By
