Last week was the slowest this year, as buyers signed contracts for just four luxury properties in Miami-Dade County.
A condo at Turnberry Ocean Club marked the priciest deal signed between July 14 and July 20, according to the latest Eklund-Gomes report, which tracks listings of homes and condos asking $4 million and up in Miami-Dade that are included in the Multiple Listing Service. The properties spent about 29 days on the market, on average.
Thirty-two luxury listings were added to the market, for a total of 1,194 listings.
The previous week, buyers signed contracts for 10 properties in Miami-Dade, asking a combined $87 million.
The asking dollar volume for the two single-family homes and two condos under contract last week totals $23.7 million, according to the report, which is authored by the Douglas Elliman team led by Fredrik Eklund and John Gomes.
The condos that secured buyers last week had an average asking price of $6.2 million and spent three days on the market, on average. They totaled $12.5 million in asking dollar volume, or an average of $1,735 per square foot.
Unit 3504 at Turnberry Ocean Club, at 18501 Collins Avenue in Sunny Isles Beach, secured a buyer. The 3,252-square-foot, four-bedroom and five-and-a-half-bathroom condo is asking $7.7 million, or $2,367 per square foot. Property records show a company managed by Plinio Dias Bicalho paid about $6 million for the unit when the tower was completed in 2020. Roberto Costa of Opportunity Us Realty Corp. has the listing.
The single-family homes that entered into contract last week had an average asking price of $5.6 million and spent an average of 56 days on the market. They totaled $11.3 million in asking dollar volume.
The mansion at 9500 Southwest 62nd Court in Pinecrest, asking nearly $7 million with One Sotheby’s International Realty agent Michael Martinez, is the most expensive single-family home included in the report. The 9,651-square-foot, eight-bedroom and eight-and-a-half-bathroom home sits on a 1.2-acre lot with a pool, spa and covered terrace. Property records show Franklin Mirabal, CEO of Miami-based Alca Medical Centers, and Eddie Armas are selling the home.
Last week in New York, buyers signed contracts for 29 homes, according to the latest Olshan report. Their combined asking price was $238.9 million, and the typical home spent 511 days on the market.
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