Sep 25, 2015 - 0 Comments - Analysis -

Commercial Land Closing to List Price Trails Off Slightly in August

Miami-Dade County MLS Commercial/ Business/ Agricultural/ Industrial Land Closing Price to List Price Ratio January 2010 to August 2015

Miami-Dade County MLS Commercial/ Business/ Agricultural/ Industrial Land Closing Price to List Price Ratio January 2010 to August 2015

The closing price to listing price ratio for commercial/ business/ agricultural/ industrial land, for those transactions recorded in MLS, edged down in August to 85.5% from 88.8% in the prior month and 93.5% in the month before that.  Considered over a longer period, this ratio falls more in the middle of a range since early 2011 of more or less 82% to 92%.