realestate

Fisher Island Condo Sales Lead Miami-Dade Market in Weekly Closings

Miami-Dade Condo Sales and Dollar Volume Rise, with 102 Units Sold Totaling $104 Million.

C
ondo sales and dollar volume surged in Miami-Dade County last week. Brokers closed 102 deals worth a total of $104 million from November 10th to 17th, up from the previous week's 83 sales totaling $92.5 million. The average sale price jumped to $1,022,796, a significant increase from the previous week's $735,595.

    The average price per square foot also rose to $606, compared to $557 in the previous week, according to Redfin data. The top 10 sales ranged from $2.4 million to $11.4 million, with Unit 5211 at Bayview Fisher Island taking the top spot at $11.4 million.

    This sale closed at $2,830 per square foot after 337 days on the market and was listed by Julian Johnston and Richard Taylor of Corcoran. The second-highest sale was Unit 701S at Bal Harbour North, which sold for $8.3 million or $2,137 per square foot.

    Here's a breakdown of the top 10 sales:

    * Bayview Fisher Island, unit 5211: $11,350,000, $2,830 psf

    * Bal Harbour North, unit 701S: $8,300,000, $2,137 psf

    * Brickell Heights East, PH4806: $2,350,000, $949 psf

Fisher Island condos lead Miami-Dade market in weekly real estate closings.