Miami-Dade County’s condo sales and dollar volume dropped in the second week of May.
Brokers closed 91 condo sales totaling $111.9 million from May 4 to May 11. The previous week, brokers closed 157 condo sales totaling $136.9 million.
Last week’s units sold for an average of $1,230,121, higher than the $871,712 average price from the previous week. The average price per square foot rose to $660 from $568, according to data from Redfin.
For the top 10 sales, prices ranged from $2.3 million to $28.6 million.
PH 5603 at Jade Signature, at 16901 Collins Avenue in Sunny Isles Beach, took the top spot with a $28.6 million closing. The sale closed at $2,456 per square foot after 52 days on market.
Chad Carroll with Compass represented both the buyer and the seller.
Unit 3033 at Five Park, at 500 Alton Road in Miami Beach, closed for the second highest amount, $7 million, or $2,677 per square foot after 277 days on market.
Janet Hoyos with Douglas Elliman had the listing, and Darin Tansey with Douglas Elliman brought the buyer.
Here’s a breakdown of the top 10 sales from May 4 to May 11:
Most Expensive
Jade Signature, 16901 Collins Avenue, PH 5603, in Sunny Isles Beach | Price: $28,641,500 | $2,456 psf | Listing agent: Chad Carroll with Compass | Buyer’s agent: Chad Carroll with Compass
Least Expensive
Key Colony, 161 Crandon Boulevard, unit 118, in Key Biscayne | Price: $2,250,000 | $1,049 psf | Listing agent: Dolores Urdapilleta with Urdapilleta Real Estate | Buyer’s agent: Todd Finlay with Douglas Elliman
Highest Price Per Square Foot
W South Beach, 2201 Collins Avenue, Bungalow 1, in Miami Beach | Price: $3,500,000 | $2,680 psf | Listing agent: Florian Jouin with One Sotheby’s International Realty | Buyer’s agent: Florian Jouin with One Sotheby’s International Realty
Lowest Price Per Square Foot
2 Midtown, 3470 East Coast Avenue, PH 101, in Miami | Price: $2,700,000 | $846 psf | Listing agents: Liz Hogan and Kaitlyn Neumann with Compass | Buyer’s agent: Gary Wong with Avanti Way Realty
