Park Grove at 1 Park Grove Lane in Miami (Google Maps)
A Miami condominium clinched the priciest sale location at $4.7 million — marking a slow start off for the to start with 7 days of the yr, immediately after a sturdy shut of 2022.
Park Grove in Coconut Grove had the priciest sale last 7 days. Device 9A at 2821 South Bayshore Travel in Miami went for $4.7 million. Alina Gallart with Just one Sotheby’s Intercontinental Serious Estate experienced the listing, and Julian Cohen with Douglas Elliman represented the vendor.
Selling prices for the prime 10 gross sales ranged from $1 million to $4.7 million, as opposed with $900,000 to $7.3 million the past week. It is a reminder that even though the South Florida condo sector is sturdy, it is not invincible. Only the Park Grove rental closed over $4 million. The 2nd priciest sale came in at $3.9 million, and the remaining 8 all closed down below $3 million.
Condos spent an average of 53 times on the marketplace last 7 days and offered for an average selling price of $733,586 — or $522 for each sq. foot. That’s an enhancement around the past 7 days of the year, when the ordinary price for every square foot was $508. The typical amount of times on the market the previous week of the yr was 57, in accordance to knowledge from Rental.com.
The $3.9 million sale, at Asia on Brickell Crucial in Miami, was brokered by Joao Carvalho with Jad Realty, and Ricardo Cruz with La Playa Houses Team. Carvalho represented the seller, and Cruz worked with the consumer for device 2303 at 900 Brickell Essential Boulevard.
Here’s a breakdown of the major 10 product sales from Jan. 1st to Jan. 7th:
(Condominium.com)
Most high priced
Park Grove, 2821 South Bayshore Push, device 9A | 38 times on the current market | $4.7M | $1,454 psf | Listing agent: Alina Gallart with A single Sotheby’s International Realty | Buyer’s agent: Julian Cohen with Douglas Elliman
The very least pricey
400 Sunny Isles, 400 Sunny Isles Boulevard, unit 1016 | 51 times on the sector | $1M | $657 psf | Listing agent: Karin Hartman with Hartman Realty Team | Buyer’s agent: Gladys Martinez with Elite Properties & Investments
Most times on current market
Asia, 900 Brickell Key Boulevard, device 2303 | 700 days on the marketplace | $3.9M | $1,148 psf | Listing agent: Joao Carvalho with Jad Realty | Buyer’s agent: Ricardo Cruz with La Playa Qualities Team
Fewest days on market place
Deering Bay, 13627 Deering Bay Push, device 101 | 10 days on the sector | $1.9M | $693 psf | Listing agent: Geraldine Brodie with Onyx Realty | Buyer’s agent: Lourdes Alatriste with Douglas Elliman
