Sep 17, 2015 - 0 Comments - Analysis -

Commercial Improved Property Closing Price to List Price Ratio Remains Strong in August

Commercial Improved Property MLS Miami-Dade Country Closing Price to List Price Ratio January 2010 to August 2015

Commercial Improved Property MLS Miami-Dade Country Closing Price to List Price Ratio January 2010 to August 2015

The closing price to list price for improved commercial property in Miami-Dade County on MLS remained strong at 96.2% in August.  As can be seen in the accompanying chart, this is near the high of 96.9% for the past 5 years plus, a level that was reached two months prior.  This positive metric is in line with favorable trends in South Florida commercial real estate.