Feb 05, 2021 - 0 Comments - Trends -

Chart: Miami Commercial Real Estate Sales to List Price Ratio at 16 Month High ~ January 2021 MLS

January 2011 to January 2021 Sales to List Price Ratio for Commercial/Industrial Property within Miami-Dade County, Florida and Priced from $1 Million to $10 Million as Recorded in Miami MLS

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 January hit 95.1%, the highest level in 16 months. The last time this ratio was higher was September 2019 when the ratio hit 95.7%. This ratio continues to in line with day to day experience with Miami commercial properties; pricing is firm, particularly industrial and multifamily properties.