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.
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