Jun 21, 2021 - 0 Comments - Trends -

Chart: Miami-Dade Commercial Real Estate Sales May 2021

Miami MLS Number of Sales from June 2019 to May 2021 for a) Commercial, Industrial or b) Commercial, Business, Agricultural, or Industrial Vacant Land within Miami-Dade County, Florida

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 the prior blistering pace of March, but was nonetheless in the upper end of a fairly range of sales in the past 24 months. Note that this is only for sales booked in the Miami Multiple Listing Service (MLS), which does not record all commercial property sales. It does, however, record many of them.