Miami-Dade condo sales volume low last week

Closed condo sales volume in Miami-Dade County stayed low last week.

A total of 60 condos sold for $23.7 million last week. That’s compared to 53 units that sold for $20.5 million the previous week. Condos last week sold for an average price of about $390,000 or $323 per square foot.

The most expensive sale to close last week was at Grand Bay Residences in Key Biscayne. Unit 704 sold after 508 days on the market for $2.4 million. Laura Garcia represented the seller, while Carlos Coto brought the buyer. The three-bedroom, 3,660-square-foot unit sold for $656 per square foot.

Next, a unit at Portofino Towers in Miami Beach sold for $2.25 million. Unit 3304 traded for $1,148 per square foot after 73 days on the market. Eloy Carmenate represented the seller, while Lisa Van Wagenen brought the buyer.

Here’s a breakdown of the top 10 sales from April 19 to April 25. Click on the map for more information:

Most expensive
Grand Bay Residences #704 | 508 days on market | $2.4M | $656 psf | Listing agent: Laura Garcia | Buyer’s agent: Carlos Coto

Least expensive
SoBe Bay #205 | 14 days on market | $625K | $465 psf | Listing agent: Kathaleen Smarsh | Buyer’s agent: John Marin

Most days on market
Grand Bay Residences #704 | 508 days on market | $2.4M | $656 psf | Listing agent: Laura Garcia | Buyer’s agent: Carlos Coto

Fewest days on market
Key Colony 1 #922 | 7 days on market | $775K | $503 psf | Listing agent: Maria Torres | Buyer’s agent: Pablo Fadul

The post Miami-Dade condo sales volume low last week appeared first on The Real Deal Miami.

from The Real Deal Miami & Miami Florida Real Estate & Housing News | & Curbed Miami - All https://therealdeal.com/miami/2020/04/27/miami-dade-condo-sales-volume-low-last-week/
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