Condo sales in Miami-Dade County decreased during the week of August 4 to August 10, with brokers closing 80 deals totaling $82.3 million. This marks a decline from the previous week, which saw 97 sales amounting to $104.6 million.
The average price per unit dropped to $1,028,539 compared to $1,078,191 the prior week. The average price per square foot also fell slightly to $563 from $570, according to data from Redfin.
Among the top transactions, prices ranged between $1.7 million and $14.8 million. The highest sale was for unit #5103 at Jade Signature, located at 16901 Collins Avenue in Sunny Isles Beach. This unit sold for $14.8 million, or $2,605 per square foot, after spending 91 days on the market.
“Rejane Gomes de Paula with Fortune Christie’s International Real Estate had the listing. Abe Ash with Multivest Realty represented the buyer.”
The second-highest transaction was at Oceanside on Fisher Island Drive in Miami Beach. Unit #7255 closed for $9 million, or $2,866 per square foot.
“Denise Levine with Denise LeVine Realty had the listing. Jill Eber with Coldwell Banker Realty represented the buyer.”
Other notable sales included units at Cape Florida Club in Key Biscayne and Epic West in Miami.
