Category: Trends

Chart: Miami-Dade Commercial Real Estate Sales May 2021

Jun 21, 2021 - Trends - 0 Comments - Standard

The above chart shows the number of closed sales of Miami-Dade commercial properties, including both improved commercial property and vacant commercial land, that were booked in the Miami MLS for the two years ending May 2021. Last month, May 2021, was the second highest month over the prior two years, though still off somewhat from […]

Chart: Miami Commercial Real Estate Sales to List Price Ratio April 2021

May 27, 2021 - Trends - 0 Comments - Standard

The chart above shows the sales to list price ratio as reported by the Miami MLS for improved commercial real estate (MLS classification: commercial/industrial) within Miami-Dade county in Florida priced from $1 million to $10 million from January 2011 to April 2021. This ratio trailed off in April to 91.6%, appearing to be more or […]

Chart: Miami-Dade Population Shrunk in 2020 for First Time Since 1993

May 20, 2021 - Trends - 0 Comments - Standard

Put me down as surprised, even skeptical. Per the St. Louis Fed, for the first time since 1993 the population shrunk year over year, from 2,711,612 in 2019 to 2,707,303 in 2020. Who knew? This also follows negligible growth in the prior two years. You wouldn’t know it in downtown Miami or in any of […]

Chart: Miami-Dade Commercial Real Estate Sales April 2021

May 14, 2021 - Trends - 0 Comments - Standard

The chart above displays the number of closed sales of Miami-Dade commercial properties, including improved commercial property and vacant commercial land, that were recorded in the Miami MLS for the two years ending April 2021. Last month, April 2021, was off somewhat from the prior month’s blistering pace, but was nonetheless in the upper end […]

Chart: Miami Commercial Real Estate Sales to List Price Ratio March 2021

Apr 14, 2021 - Trends - 0 Comments - Standard

The sales to list price ratio as reported by the Miami MLS for improved commercial real estate (MLS classification: commercial/industrial) within Miami-Dade county in Florida priced from $1 million to $10 million in March came up a bit to 93% from 89.5% the month prior. Though off of highs in the past 10 years, this […]

Chart: Miami Commercial Real Estate Sales to List Price Ratio February 2021

Mar 18, 2021 - Trends - 0 Comments - Standard

The sales to list price ratio as reported by the Miami MLS for improved commercial real estate (MLS classification: commercial/industrial) within Miami-Dade county in Florida priced from $1 million to $10 million in February drifted lower to 90.3% from 94.1% the month prior. Though the lowest it has been since September of 2020, this percentage […]

Video: Integra Realty Resources’ Viewpoint 2021; Economic Outlook, Capital Markets, and Interest Rates

Feb 25, 2021 - Analysis, Trends - 0 Comments - Standard

Integra Realty Resources CEO Anthony Graziano discusses his firms  Viewpoint 2021 report. In this second video, he discusses how industrial property performed during the pandemic, how changes in policy with a new presidential administration may affect industrial assets. He then goes on to discuss multifamily property performance during the pandemic and their status now. From […]

Did the Biden Administration Just Alter Gas Station Economics?

Feb 05, 2021 - Trends - 0 Comments - Standard

The Biden administration recently announced an initiative to push the United States toward more electric vehicles, less powered by gasoline. Automotive News covered this in their article suggesting this push gives Detroit the cover they’ve needed and wanted to go electric. This begs a question pertinent to commercial real estate; if there are less gas […]

Chart: Miami-Dade Commercial Real Estate Sales Volume Characteristically Sluggish for 1st Month of Year ~ January 2021 MLS

Feb 03, 2021 - Trends - 0 Comments - Standard

The chart herein shows the number of closed sales of Miami-Dade commercial properties, including improved commercial property and vacant commercial land, recorded in the Miami MLS, for the two years ending January 2021. One can see that this is the slowest month since the initial onslaught of COVID-19 in April and May of 2021. Looking […]

Chart: Miami-Dade Commercial Real Estate Sales Volume Ends Year on a Solid Note ~ December 2020 MLS

Jan 12, 2021 - Trends - 0 Comments - Standard

The chart above displays the trailing two years ending December 2020 of closed sales of Miami-Dade commercial properties, including improved commercial property and vacant commercial land, recorded in the Miami MLS. After a bit of a pullback in November, sales rebounded to closed out the year fairly strong, registering the sixth strongest month of the […]

Chart: Miami-Dade Commercial Real Estate Sales Maintain Strength ~ October 2020 MLS

Nov 12, 2020 - Trends - 0 Comments - Standard

As can be seen in the chart above of the trailing two years of closed sales of Miami-Dade commercial property, both improved commercial property (with buildings) and vacant commercial land, recorded in the Miami MLS. October 2020 was again a strong month in line with recent, also strong, months. The Miami Multiple Listing Service (MLS) […]