realestate

Fisher Island's Palazzo Del Sol Condo Tops Miami-Dade Weekly Sales Charts

Miami-Dade Condo Sales and Dollar Volume Rise in Second Week of December

C
ondo sales and dollar volume surged in Miami-Dade County during the second week of December. Brokers closed 102 condo deals worth $102.2 million from Dec. 8 to Dec. 15, a significant increase from the previous week's 94 sales totaling $79.6 million. The average sale price rose to $1 million, up from $846,364 in the prior week.

    The average price per square foot dipped to $564 from $587, according to Redfin data. Top-tier sales ranged from $1.8 million to $14.5 million, with Unit 7034 at Palazzo Del Sol taking the top spot at $14.5 million. This sale closed at $2,926 per square foot after 114 days on market.

    The second-highest sale was Unit 7944 at Oceanside at Fisher Island, which sold for $9.5 million or $2,870 per square foot after 325 days on market. The top 10 sales included a range of properties, from the most expensive Palazzo Del Sol to the least expensive One Paraiso unit.

    Here's a breakdown of the top 10 sales:

    * Most Expensive: Palazzo Del Sol, Unit 7034 ($14.5 million, $2,926 psf)

    * Least Expensive: One Paraiso, Unit 4206 ($1.8 million, $1,102 psf)

Luxury Palazzo Del Sol condo on Fisher Island leads Miami-Dade sales.