Condo sales in Miami-Dade County began to drop last week.

A total of 61 condos sold for $41.5 million last week, amid the coronavirus pandemic. That is compared to 102 units that sold for $54 million the previous week. Condos last week sold for an average price of about $680,000 or $397 per square foot.

The most expensive closing was at Fendi Chateau Residences in Surfside. Unit 806 sold for $6.9 million, or $1,538 per square foot, after 510 days on the market.

The second top deal was the $5 million sale of upper penthouse 2 at 1500 Ocean Drive. The South Beach condo sold after 468 days on the market. It traded hands for $1,098 per square foot.

(source: The Real Deal)