Aug 10, 2020 - 0 Comments - Trends -

Chart: Miami Commercial Real Estate Sales to List Price Ratio Dips in July ~ MLS

Miami Association of Realtors 10 Years Ending July 2020 Sales to List Price Ratio for Commercial/Industrial Property Type Classification within Miami-Dade County and Price from $1 Million to $10 Million

The sales to list price ratio as reported by the Miami MLS, after having held up well as coronavirus hit, reached its lowest level in a number of years for properties classified as commercial/industrial with prices from $1 million to $10 million. That this ratio held up so well as-if-nothing to this point is at least as significant as that it dipped in August, and may hint at August being an aberration. in this ten year chart, one can see how erratic this ratio is over time.