Improved Commercial Property and Commercial/ Business/ Agricultural/ Industrial Land in Miami-Dade County (MLS) September 2010 to August 2015
Total listings of improved commercial property and commercial/ business/ agricultural/ industrial land in Miami-Dade County (MLS) held steady in August at 3,786 versus 3,779 in each of the prior 2 months. As can be seen in the accompanying chart, this remains well short of the peak of 4,356 reached in october 2012, and is up from a recent trough of 3,638 in January of this year.
Improved commercial properties reprsented 79% of the total in August, with land the other 21%. This ratio, approximately 80% improved and 20% land, has held up throughout the period of September 2010 to August 2015 represented in the (aforementioned) chart.