As reported in The Real Deal.

Condo sales surged last week in Miami-Dade, led by a closing at the St. Regis Bal Harbour.

 

A total of 128 condos sold for $52.6 million last week, compared to 91 units that sold for $36 million the previous week. Condos last week sold for an average price of about $411,000 or $302 per square foot.

The most expensive was the $5.3 million sale of St. Regis Bal Harbour unit 901 in the north tower. After 58 days on the market, the four-bedroom condo sold for just over $1,500 per square foot. 

Murano at Portofino unit 501, which closed for $4.8 million, marked the second highest deal of the week. The fifth floor condo was on the market for 235 days. It sold for $1,426 per square foot.

Here’s a breakdown of the top 10 sales from Feb. 23 to Feb. 29. Click on the map for more information:

Most expensive
St. Regis Bal Harbour # 901N | 58 days on market | $5.3M | $1,504 psf

Least expensive
Padua South Deering Bay #231 | 172 days on market | $924K | $310 psf 

Most days on market
Atlantic III at the Point #PH3105 | 510 days on market | $940K | $317 psf 

Fewest days on market
Mar-Azul #11AS | 16 days on market | $1.1M | $536 psf