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Weekly condo sales and dollar volume rise in Miami-Dade

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Weekly condo sales and dollar volume rise in Miami-Dade

As reported in The Real Deal.

A total of 305 condos sold last week for $235.2 million, up from the 243 condos that sold for $154.9 million the week prior.

Units sold for an average price of $771,000, up from $634,000 the previous week. Condos sold for $435 per square foot, on average, down from $517 per square foot.

The most expensive sale was for unit 1904 at Apogee in Miami Beach. The unit sold for $16 million, or $3,852 per square foot, after 237 days on the market. 

The second most expensive sale of the week was for unit 6884 at Palazzo Della Luna on Fisher Island, which sold for $10.9 million, or $2,291 per square foot, after 24 days on the market.

Here’s a breakdown of the top 10 sales from Mar. 28 to Apr. 3.

Most expensive

Apogee 1904 | 237 days on market | $16M | $3,851 psf 

Least expensive

Four Seasons Surf Club at Surfside N-1013 | 457 days on market | $5.5M | $3,457 psf 

Most days on market

Oceana Key Biscayne Condo 701S | 860 days on market | $7.4M | $1,814 psf 

Fewest days on market

Palazzo Della Luna 6855 | 18 days on market | $6.9M | $1,812 psf