realestate

Miami-Dade Condo Sales Leader Tops Weekly Market with Mr. C Residences Closing

Miami-Dade Condo Sales Rise, Led by $8.6M Closing at Mr. C Residences

C
ondo sales in Miami-Dade County surged in the second week of January, led by an $8.6 million closing at Terra's Mr. C Residences in Coconut Grove. Brokers closed 93 condo deals totaling $61.9 million from January 5 to 12, up from 92 sales worth $59.5 million the previous week. The average sale price rose to $665,359, a 3% increase from the previous week's $646,506. However, the average price per square foot dropped to $503 from $511.

    The top 10 sales ranged from $1.2 million to $8.6 million. Unit 1702-1706 at Mr. C Residences took the top spot with a $8.6 million closing, selling for $2,371 per square foot after 133 days on market. The second-highest sale was unit 1206N at Oceana Key Biscayne, which sold for $5.9 million and $2,592 per square foot after 244 days.

    Here's a breakdown of the top 10 sales:

    * Most Expensive: Mr. C Residences ($8.6M, $2,371 psf)

    * Least Expensive: Emerald Bay Key Colony III ($1.175M, $760 psf)

    * Highest Price Per Square Foot: Oceana Key Biscayne ($5.85M, $2,592 psf)

    * Lowest Price Per Square Foot: The Peninsula Aventura ($1.46M, $489 psf)

Mr. C Residences condo sales leader in Miami-Dade tops weekly market rankings.