
As reported in The Real Deal.
Condo sales and closed dollar volume increased last week in Miami-Dade County.
A total of 116 condos sold for $57.1 million last week, up from 110 units that sold for $35.8 million the previous week. Condos last week sold for an average price of about $492,000 or $357 per square foot.
The most expensive sale was for unit 3404 at Icon South Beach in Miami Beach. The unit sold for $3.5 million, or $947 per square foot, after 309 days on the market.
The second most expensive sale of the week was for unit 4603 at Porsche Design Tower. The Sunny Isles Beach condo sold for $3 million, or $955 per square foot, after 53 days on the market.
Here’s a breakdown of the top 10 sales from Oct. 18 to Oct. 24.
Most Expensive
Icon South Beach #3404 | 309 days on market | $3.5M | $947 psf
Least expensive
1000 Venetian #1101 | 89 days on market | $1.3M | $710 psf
Most days on market
Harborview #4631 | 711 days on market | $2.5M | $911 psf
Fewest days on market
Porsche Design Tower #4603 | 53 days on market | $3M | $955 psf
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