Miami-Dade County saw an increase in condo dollar volume last week, even as the number of sales declined. According to data from Redfin, brokers closed 55 condo sales totaling $94.2 million between Aug. 11 and Aug. 17. This was fewer than the previous week’s 80 sales, which totaled $82.3 million.
The average sale price for condos rose to $1,713,245 from the prior week’s $1,028,539. The average price per square foot also increased to $820 from $563.
Among the top 10 condo sales during this period, prices ranged from $2 million to nearly $15 million.
The highest-priced transaction was for Unit Sky Villa at Chateau Beach, located at 17475 Collins Avenue in Sunny Isles Beach. The unit sold for $14.9 million, or $1,829 per square foot. Jonathan Mann and Jill Hertzberg with Coldwell Banker Realty represented the seller, while Alberto Fernandez with Sustainable RE represented the buyer.
The second-highest sale was Unit 1103 at 57 Ocean, at 5775 Collins Avenue in Miami Beach. It closed for $11 million, or $3,288 per square foot. Gabriela Dajer with One Sotheby’s International Realty had the listing; Alex Carnot with United Realty Group represented the buyer.
Other notable transactions included a unit at Icon South Beach that sold for $2 million and a unit at Milano at Deering Bay in Coral Gables that sold for over $2.6 million.
