Miami-Dade weekly condo sales drop to $48M over July 4 holiday

Miami-Dade County’s condo sales and dollar volume dropped last week, over the July 4 holiday.

Brokers closed 68 condo sales totaling $47.6 million from June 30 to July 6. That’s down from the 84 condo sales totaling $60.1 million the previous week.

Last week’s units sold for an average of $700,760, lower than the $715,219 average price from the previous week. The average price per square foot fell to $495 from $547, according to data from Redfin.

For the top 10 sales, prices ranged from $1.3 million to $4.9 million.

Unit 2304 Grovenor House, at 2627 South Bayshore Drive in Miami’s Coconut Grove, took the top spot with a $4.9 million closing. The sale closed at $1,866 per square foot after 125 days on market.

Lucas Boccheciampe with Vantage Real Estate had the listing, and Debora Caridad with Fortune Christie’s International Real Estate brought the buyer.

PH02 at Island View, at 1201 20th Street in Miami Beach, closed for the second highest amount, $3.5 million, or $1,723 per square foot after 129 days on market.

Liz Hogan and Kaitlyn Neumann with Compass represented both the buyer and the seller.

Here’s a breakdown of the top 10 sales from June 30 to July 6:

Most Expensive

Grovenor House, 2627 South Bayshore Drive, unit 2304, in Miami’s Coconut Grove | Price: $4,925,000 | $1,866 psf | Listing agent: Lucas Boccheciampe with Vantage Real Estate | Buyer’s agent: Debora Caridad with Fortune Christie’s International Real Estate