Miami-Dade County experienced a decrease in total condo sales volume last week, even as the number of units sold increased. Between August 18 and August 24, brokers closed 76 condominium transactions amounting to $49 million. This was a rise in the number of deals compared to the previous week’s 55 closings, but down from $94.2 million in total dollar volume.
The average sale price for condos last week was $644,907, lower than the previous week’s average of $1,713,245. The average price per square foot also dropped to $493 from $820. These figures are based on data from Redfin.
Among the top 10 condo sales during this period, prices ranged from $1.3 million up to nearly $7 million.
The highest-priced sale was unit 902 at Mansions at Acqualina, located at 17749 Collins Avenue in Sunny Isles Beach. The property sold for $6.9 million—or about $1,502 per square foot—after spending nine days on the market. Maria Barbosa with Elite International Realty represented the seller while Marvin Anhalt with Anhalt Realty brought the buyer.
Another notable transaction was unit 2104 at Asia Brickell Key, situated at 900 Brickell Key Boulevard in Miami. This residence sold for $2.4 million ($912 per square foot) after being listed for 110 days. Christopher Jude with PGutman LLC had the listing and Daniel Hernandez with Compass represented the buyer.
A summary of top sales includes:
– Mansions at Acqualina (unit 902), Sunny Isles Beach: Sold for $6,925,000 ($1,502 psf). Listing agent: Maria Barbosa (Elite International Realty); Buyer’s agent: Marvin Anhalt (Anhalt Realty).
– Atlantic One at the Point (unit 1802), Aventura: Sold for $1,300,000 ($476 psf). Listing agent: Paola Wagener (Charles Rutenberg Realty).
Other high-value transactions rounded out the list of leading deals for that week.
