According to The Real Deal, last week saw a rebound of condo sales in Miaimi-Dade county following the passing of hurricane Dorian. A total of 99 condos sold for $45.7 million, an increase from the $27.5 million in sales volume for 69 units recorded the week before. The average condo price was about $461,000 or $324 per square foot. The least expensive turn for the week was in Grove Towers which was only on the market for a day and went for $750,000 or $446 per square foot.
The top sale was the $6.13 million closing of St. Regis Bal Harbour unit 1201 in the south tower of the luxury condo development. After 348 days on the market, the 3,884-square-foot, three-bedroom unit sold for nearly $1,600 per square foot. Bill Hernandez and Bryan Sereny were the listing agents, while the buyer’s agent was Ryan Mendell.
Unit 1219 at 1 Hotel & Homes South Beach sold for about $3 million, or over $1,500 per square foot, marking the second most expensive condo sale of the week. Jeffrey Miller represented the seller, while Tracy Galya brought the buyer. The unit was on the market for 309 days before it closed.
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