Miami-Dade County’s condominium product sales started off the new calendar year with a modest uptick in complete dollar volume and typical selling price for every square foot, despite the fact that the quantity of profits fell.
Brokers shut 45 condo sales totaling $39 million from Dec. 31st to Jan. 6th. The previous week, brokers shut 60 rental sales totaling $35 million.
Very last week’s units offered for an normal of $861,256, better than $580,467 from the former week. The common price for each sq. foot rose to $535 from $519, according to knowledge from condo.com. Condos closed right after an ordinary of 77 days on the market place.
For the prime 10 gross sales, selling prices ranged from $950,000 to $8 million.
Jade Signature unit 4301 at 16901 Collins Avenue in Sunny Isles Beach took the prime spot with a $8 million closing. Erena Stus with Miami Beach Status Realty experienced the listing. Jose Santovena with Luxe Living Realty represented the consumer. The sale shut right after 66 times on the marketplace at $1,834 for every sq. foot.
Gorlin at Aqua in Miami Seashore, at 6101 Collins Avenue, device 701, closed for the second optimum amount of money, $3.2 million, or $1,461 for every sq. foot, just after 62 times on the current market. Bento Queiroz with Compass Florida had the listing. Cyril Matz with Douglas Elliman represented the purchaser.
Here’s a breakdown of the top 10 product sales from Dec. 31st to Jan. 6th:
Most High priced
Jade Signature, 16901 Collins Avenue, unit 4301, in Sunny Isles Seashore | Value $8,000,000 | $1,834 psf | Listing agent: Erena Stus with Miami Seaside Prestige Realty | Buyer’s agent: Jose Santovena with Luxe Residing Realty | Days on market place: 66
Least Costly
The Grand, 1717 North Bayshore Travel, device A-3334, in Miami | Price $950,000 | $553 psf | Listing agent: Jill Penman with One Sotheby’s Intercontinental Realty | Buyer’s agent: Linda Duarte with Engel & Völkers Miami | Days on market: 125
Optimum Cost For every Sq. Foot
Jade Signature, 16901 Collins Avenue, unit 4301, in Sunny Isles Seaside | Value $8,000,000 | $1,834 psf | Listing agent: Erena Stus with Miami Seashore Prestige Realty | Buyer’s agent: Jose Santovena with Luxe Residing Realty | Times on market: 66
Lowest Cost For every Square Foot
The Grand, 1717 North Bayshore Travel, device A-3334 in Miami | Price $950,000 | $553 psf | Listing agent: Jill Penman with A person Sotheby’s Worldwide Realty | Buyer’s agent: Linda Duarte with Engel & Völkers Miami | Days on current market: 125
Most Times on Current market
Louver Dwelling, 311 Meridian Avenue, unit PH2, in Miami Seaside | Price $2,700,000 | $1,368 psf | Listing agent: Lianna Bianco with Premier Worldwide Attributes Team | Buyer’s agent: Natalija Klisuric with Douglas Elliman | Times on market: 470
Fewest Times on Sector
350 Meridian, 350 Meridian Avenue, device 101, in Miami Seashore | Price tag $2,675,000 | $1,189 psf | Listing agent: Dina Goldentayer with Douglas Elliman | Buyer’s agent: Samantha Elenson with Just one Sotheby’s Global Realty | Days on market place: 59
