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Miami-Dade condo sales stay steady in mid-January

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Miami-Dade condo sales stay steady in mid-January

As reported in The Real Deal.

Condo sales and closed dollar volume were largely unchanged from the previous week in Miami-Dade County.

A total of 139 condos sold last week, the same number that sold the previous week. Sales totaled $99.6 million, up from $97.1 million the previous week.

Units sold for an average price of $716,000, up slightly from $700,000 a week prior. The average price per square foot of $406 was up from $382 per square foot the previous week.

The most expensive sale was for unit S-801 at The Surf Club Four Seasons in Surfside. The unit sold for $13.5 million after 337 days on the Multiple Listing Service. 

The second most expensive sale of the week was for unit 707 at One Ocean in Miami Beach. It sold for $6.45 million, or $2,074 per square foot, after 1,134 days on the market. 

Here’s a breakdown of the top 10 sales from Jan. 16 to Jan 23.

Most expensive
The Surf Club Four Seasons S-801 | 337 days on market | $13.5M | $2,194 psf 

Least expensive
Trump Tower III 1201 | 213 days on market | $2.1M | $717 psf 

Most days on market
One Ocean 707 | 1134 days on market | $6.45M | $2,074 psf 

Fewest days on market
Prive 901 | 40 days on market | $3.3M | $888 psf