Miami-Dade home sales prices finish 2022 strong

Miami-Dade home sales prices finish 2022 strong

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December’s top sales ranged from $900,000 to $21,000,000, compared to $1,000,000 to $11,000,000 in November

Miami-Dade County luxury condo sales finished the year strong, reflecting the resilience of the South Florida market despite broader economic headwinds.

Top condo sales in December totaled $181.7 million, rebounding from $143.4 million in November sales. By comparison, October and September had $157.2 million in sales and $185.3 million in sales, respectively.

Multiple listing service data from condo.com shows December sales prices for the top 43 condos ranged from $900,000 to $21 million. By comparison, November sales prices for the top 42 condos ranged from $1 million to $11 million, and October sales prices for the top 45 condos ranged from $1.4 million to $11.2 million.

A condo at the Four Seasons Residences at the Surf Club in Surfside closed for the highest price in December. Retail mogul Michael George sold unit S607 at 9001 Collins Avenue for $21 million. George is a board member of Ralph Lauren, AutoZone and the National Constitution Center, according to his LinkedIn.

Nancy Batchelor with Compass had the listing. Mark Kurkin with Beachfront Realty worked with the undisclosed buyer.

An apartment at One Thousand Museum in Miami closed for the second highest price. Moisey Uretsky, founder and CEO of Miami-based data software startup Statype, paid $18.3 million for units 5401 and 5402 at 1000 Biscayne Boulevard. The actual seller is unknown. Lourdes Alatriste with Douglas Elliman worked on both sides of the deal.

December’s top 43 sales averaged $4.2 million, up from November’s average of $3.4 million and October’s average of $3.5 million.

The average price per square foot in December reached $1,461 and ranged from $346 per square foot to $5,319 per square foot. November averaged $1,191 per square foot and October averaged $1,333 per square foot.

Here’s a breakdown of the top 43 sales for December:

Four Seasons Residences at Surf Club, 9001 Collins Avenue, Unit S-607 | 101 days on the market | $21 million | $5,319 psf | Listing Agent: Nancy Batchelor with Compass Florida | Buyer’s agent: Mark Kurkin with Beachfront Realty

The Floridian, 650 West Avenue, unit 3012 | 1 day on the market | $900,000 | $785 psf | Listing Agent: Dimitri Voncini with Compass | Buyer’s Agent: Dimitri Voncini with Compass

The Harbor, 16385 Biscayne Boulevard, unit 1207 | 385 days on market | $900,000 | $578 psf | Listing Agent: Simy Chocron Morely with Citadel Realty | Buyer Agent: Gustavo Gambino with Gambino Real Estate

One Thousand Museum, 1000 Biscayne Boulevard, unit 5401 | 598 days on market | $18.3 million | $1,984 psf | Stockbroker: Lourdes Alatriste with Douglas Elilman | Agent for Buyer: Lourdes Alatriste with Douglas Elilman

The Floridian, 650 West Avenue, unit 3012 | 1 day on the market | $900,000 | $785 psf | Listing Agent: Dimitri Voncini with Compass | Buyer’s Agent: Dimitri Voncini with Compass

Ocean House, 125 Ocean Drive, Unit PH3 | 1 day on the market | $9.2 million | $3,995 psf | Listing Agent: Eloy Carmenate and Mick Duchon with Corcoran | Agent for Buyer: Taylor Richardson with Corcoran

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