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From October 10 to October 16 a Fisher Island home led the sales. The incredible unit at a prestigious condominium sold for nearly $24 million. Unit 6893 at Palazzo Della Luna was on the market for 650 days. In total, the condo sold for about $2,500 per square foot. During that period, condo sales dollar volume reached $124 million. This was up from the prior week, when the sales reached $96.9 million. This week, condos sold for an average of $705,000, an increase from $529 the previous week.
The second most expensive sale for that period was for unit 10 in Regalia Sunny Isles. The condo sold for $9.2 million after spending 120 days on the market. This sale accounted to about $1,800 per square foot. During this period, the least expensive luxury condo was unit 1015 at W South Beach. The unit spent 171 days on the market, and sold for $1.8 million.
During this period, the Fisher Island home was the unit that spent the most days on the market before selling. On the other hand, a unit at Continuum South only spent 14 days on the market before selling for $2.8 million.
Read full report here
Interested in buying a Fisher Island home?
AMG International Realty is a global real estate firm specializing in Florida. So, if you are you looking to buy, rent, or sell in Miami we are here to guide you through every step of the way. From mortgage applications, to finding your dream home and closing the deal. In addition, if you have any questions about the best neighborhood for you, we are here to help. Contact us today!
Chat with me on WhatsApp: +1 (305) 318 6968 (Heloisa Arazi).
